Navig8 Product Tankers Sees Red Ink

Shipping company Navig8 Product Tankers has reported a net loss of USD 5.8 million in the third quarter of the year, against a net income of USD 17.8 million seen a year earlier, amid weak product tanker markets.

Oil Majors Leaving South-East Asia – A Red Flag For The Area?

South East Asia is one of the four birthplaces of the modern oil industry. In 1846 Russian engineers Semyenov and Alekseev drilled the first ever oil well in Baku, then part of the Russian Tsarist Empire but today Azerbaijan, which turned Central Asia int

MTU发动机为Red Funnel双体船提供动力

最新加入英国Red Funnel渡轮船队的“Red Jet 6”号双体船已经于2016年6月份完成第一次海试并将于7月份交付使用。这艘高速双体渡轮是由Shemara Refit公司在英国在怀特岛建造的，配备了4台MTU 公司10V 2000 M72发动机和ZF公司3050D齿轮箱。

Star Bulk remains firmly in the red in Q1

The US’ largest public-listed dry bulk shipowner Star Bulk stayed firmly in the red in the first quarter of the year.

Icon Offshore sees red ink in Q1

Malaysia’s Icon Offshore has been hit by a net loss for the first quarter as revenue dipped due to the...

Swiber stays in the red in first quarter

Swiber Holdings has stayed in the red in the first quarter ended 31 March 2016 amid continuing depressed market...

NOL remains in the red with a $105m Q1 loss

CMA CGM acquisition target Neptune Orient Lines (NOL) remained in the red in the first...