MSI: Tanker Sector Heading to Firmer Ground after Hurricanes

A high level of disruption from the hurricane season is causing short-term volatility in Atlantic markets but the...

Oil market heading towards balance, more draws needed – OPEC sec-gen

“We need to see the global stock overhang move closer to its five-year average. We need to see the return of more long-cycle investments.”

Operator: Stellar Cosmo Not Heading for Repairs

Polaris Shipping’s Very Large Ore Carrier (VLOC) Stellar Cosmo has not broken down and is not heading for repairs to Cape Town, as disclosed to World Maritime News.

Royal Caribbean Heading toward Record Earnings

Miami-based cruise line operator Royal Caribbean Cruises’ adjusted net income increased to USD 690.9 million in the third quarter of 2016 from USD 628.1 million seen in the same period in 2015.

Chinese shipbuilders heading for unclear waters

BEIJING, Sept. 7 (Xinhua) -- Chinese shipbuilding companies received more orders but saw shrinking profits in the...