Tankers Still Looking for Momentum

VLCCIn the Middle East Gulf, the market came under renewed downward pressure, with 270,000mt to China fixed five...

Dry Bulk Second Hand Vessel Values Looking for Direction Moving Forward

Second hand dry bulk vessel values are looking for direction moving forward. Shipbroker Intermodal has suggested...

TORM Looking for Growth Opportunities

In a softening freight rate environment, TORM benefited from its integrated operating platform and realized an EBITDA of USD 200m in 2016. With the broadening of the Company’s lending group, we have enhanced TORM’s strategic and financial flexibility, say

THHE looking outside Malaysia to maintain profitability

Malaysian offshore fabrication specialist firm TH Heavy Engineering (THHE) is planning to go international this...

Tanjung Offshore looking to diversify into upstream businesses

Jumping onto the bandwagon, Malaysian oil and gas (O&G) services provider, Tanjung Offshore, is looking to venture...

Rongsheng’s troubles: looking beyond the shipyard gates

Recent news that China Rongsheng Heavy Industries Group has been talking to several parties for help with a...

SinOceanic looking to refinance vessels

SinOceanic, controlled by Sinindo Holdings, an affiliate of China’s HNA Group, has announced that it needs...