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Reports: Zim Hires Merrill Lynch, Barclays to Lead 2016 US IPO
Oct 12, 2015 ... declined comment. Zim is said to have had previous plans to raise more than $500 million in a Hong Kong IPO before it fell behind on bond payments. After an extended period of difficulty, the ...
China Pollution Reduction Plan Expected to be a Key Driver for LNG Bunkers
Oct 5, 2015 ... (SPPSAP) will be the key driver for the adoption of liquid natural gas (LNG) as marine fuel in Hong Kong and the Pearl River Delta (PRD), Steatrade Maritime reports. The SPPSAP is said to be ...
Nicaragua's $50 Billion Panama Canal Alternative "Fraught with Risks and Uncertainties"
Oct 2, 2015 ... environmental consultancy was commissioned by the project's builder and operator, Hong Kong-based HK Nicaragua Canal Development Investment Co Ltd. (HKND). If completed, the canal ...
Deutsche Bank Bullish on Dry Bulk Recovery Starting in November
Sep 28, 2015 ... reports. "We spent last week in Asia, meeting with shipping companies and investors in Hong Kong, Beijing, Shanghai, and Singapore,” analyst Amit Mehrotra was quoted by Tradewinds as ...
Aerial Survey Underway for Nicaragua's Panama Canal Alternative
Sep 25, 2015 ... have significant implications for shipping and bunkering markets in the Americas. In August, Hong Kong's HKND said it has the public backing of Nicaraguans for its plan to build the ...
Low Bunker Prices "Good News All Around" for Hong Kong's Chu Kong Shipping
Sep 18, 2015 ... Kong ferry operator Chu Kong Shipping Enterprises (Group) Co Ltd (Chu Kong Shipping) says low fuel prices have been "good news" and have assisted the company's growth, local media ...
New Hires, New Office for Sea Trader International in Shanghai
Sep 15, 2015 ... Kong-based Sea Trader International Ltd (Sea Trader) today has announced in an emailed press release that, in accordance with the company's expansion plan, it has established a new office in ...
NewOcean Energy Inks $170 Million Loan Agreement
Sep 15, 2015 ... Kong-listed NewOcean Energy Holdings Limited (NewOcean) says it has entered into a new US$170 million (HK$1,322.6 million) syndicated loan agreement. The purpose of the new facility was ...
Brightoil Issues Positive Profit Alert
Sep 8, 2015 ... Kong-listed Brightoil Petroleum (Holdings) Limited Monday issued a Positive Profit Alert and is forecasting an increase in profit year-over-year for the fiscal year ending June 30, 2015. The ...
Experienced Trader Joins BMS United Bunkers in Piraeus
Sep 4, 2015 ... Bunkers has a team of more than 40 traders located in Piraeus, Buenos Aires, Limassol, Singapore, Hong Kong, Jakarta, and Dalian, and says it aims at being one of the top five bunker & ...
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VIEWPOINT: Even Today, the Cheapest Bunkers Can Fuel the Costliest Voyage

VIEWPOINT: Even Today, the Cheapest Bunkers Can Fuel the Costliest Voyage

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Eight OPEC+ Members to Raise May Output, Warn Damaged Capacity May Take Time to Return

Eight OPEC+ Members to Raise May Output, Warn Damaged Capacity May Take Time to Return

The countries have agreed to increase production in May, but warned that restoring damaged capacity may take a long time.

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Stabilis Terminates 10-Year Galveston LNG Offtake Deal

Stabilis Terminates 10-Year Galveston LNG Offtake Deal

The deal was cancelled after the counterparty rejected financing-related contract changes.

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