
Low utilization sees UMW-OG turn to $16m Q1 loss
Malaysian jack-up rig owner UMW Oil and Gas (UMW-OG) saw first quarter revenue plunge 72% to MYR87.7m ($21.5m)...
We’re at the start of higher fleet utilization, so rates will rise
From September 27 to October 4, year-over-year growth in dry bulk capacity, measured in...