Sovcomflot has signed a new USD 252 million credit facility to finance a series of six Aframax tankers.
Samsung Electronics intends to participate in Samsung Heavy’s rights offering by investing KRW 204.06 billion.
South Korea determined on reviving its ailing shipping industry following Hanjin Shipping’s demise.
Furetank Rederi, a part of the Gothia Tanker Alliance, took delivery of a new tanker, the 20,000 cbm Fure Vinga.
Höegh LNG Holdings today took delivery of its eighth floating storage and regasification unit.
South Korea’s Samsung Heavy Industries (SHI) has received orders for up to four LNG carrier newbuildings.
Brokers: MES wins deal with compatriot Osaka Asahi Kaiun for the construction of three bulkers.
Vard has signed a Letter of Intent for the design and construction of two cruise vessels for Viking Cruises.
Undisclosed American shipowner pushes DSME’s orderbook to 10 VLCCs secured this year.
GasLog Ltd has expanded its fleet with its latest liquefied natural gas (LNG) carrier, the Gaslog Genoa.
Scorpio Bulkers has received a commitment for a new loan to finance its Kamsarmax bulk carrier newbuilding.
TORM exercises options for the construction of three MR newbuilds at Guangzhou Shipyard International (GSI).
CSSC and CSIC denied reports of a combination saying that they are not planning a merger.
Smooth launching of Frontline’s Aframax pair at New Times Shipbuilding.