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Rising Bunker Costs Affect Wilh. Wilhelmsen Second-Quarter Results
Aug 13, 2015 ... Though revenues and profit are up compared to last year, bunker costs and off-hire led to a drop quarter-over-quarter. ...
Scorpio Tankers Sells Remaining Stake in Dorian in Second Share Sale Within a Week
Jul 27, 2015 ... after its divestment of the Dorian stake." In May, Scorpio Tankers announced it purchased four LR2 product tankers currently under construction at a cost of approximately $60.0 million ...
2015 Orderbook for Newbuild Tankers Set to Beat 2013 Record Year
Jul 22, 2015 ... so far. Larger product carriers have also seen an order jump with 37 having been ordered in the LR2 segment and 35 in the LR1 segment. Gibson also reports that owners' preference for coated ...
Restructuring Slashes TORM Debt, Boosts Fleet
Jul 15, 2015 ... tankers to TORM, which boosts the group's total inventory to 74 owned product tankers, including LR2, LR1, MR, and Handysize classes. The contribution was the result of Njord Luxco selling its ...
Scorpio Tankers Adds Two More to Newbuild Order List
Jul 15, 2015 ... into separate agreements to purchase two more newbuild vessels, an MR product tanker and an LR2 product tanker, both currently under construction. The company says it has reached an ...
Box Carriers in $150/TEU Asia-Europe Rate War
Jun 18, 2015 ... Carriers have also voided more sailings than ever before in the first half of the year. ...
ABB: New Turbo Charges Help Engine to Give "Six Figure Savings on Fuel Annually"
Jun 5, 2015 ... Group (ABB) Wednesday said the first application on a marine engine of its Power2 800-M turbocharging solution will help achieve "six figure savings" on fuel annually. Making the announcement ...
Scorpio Bulkers Says it Must "Face the Music" as it Unloads 5 More Newbuilds for $236 Million
Jun 5, 2015 ... and has entered into agreements to sell three Capesize newbuilding dry bulk vessels and two LR2 product tankers that are currently under construction. The news follows announcements the ...
Scorpio Tankers in Further Fleet Expansion
May 19, 2015 ... Tankers Inc (Scorpio Tankers) last week announced it purchased four LR2 product tankers currently under construction at a cost of approximately $60.0 million each. The company did not ...
Alphaliner: Despite Rumours, China COSCO, CSCL Merger "a Remote Option"
May 7, 2015 ... China COSCO and CSCL have again denied speculation that the two companies are working on consolidation ...