Norton Rose Fulbright, Citibank on USD 2.2bln Danaos Corp Restructuring
Global law firm Norton Rose Fulbright has advised Citigroup and other lenders of Danaos on a $2.2 billion restructuring of NYSE-listed Danaos Corp (DAC), one of…
US, Iraq, Kuwait Complete Trilateral Exercise
The U.S. Navy and Coast Guard completed a trilateral exercise with Iraqi navy and Kuwaiti navy partners in the Northern Arabian Gulf, August 15.The exercise focused…
Port of Everett Begins Wharf Modernization Project
The Port of Everett hosted a groundbreaking to commemorate the start of construction on the Port’s South Terminal Modernization project – the largest capital project in Port history by dollar value…
Team Tankers Back into the Black
Bermuda-based chemical tanker company Team Tankers International managed to return to profitability in the second quarter of 2018, as 14 new ships from recent acquisitions…
Golden Ocean Group Reports Profit in Q2
Golden Ocean Group Limited (GOGL) reported a net income of $9.0 million for the second quarter of 2018, compared to net loss of $12.0 million for the second quarter…
Japan, Russia Join for Trans-Siberian Rail Transportation
Japan and Russia plan to officially develop a freight transport route between the two countries via the Trans-Siberian Railway, the Yomiuri newspaper reported.The…
Port Klang Authority Hikes Container Tariffs
Port Klang Authority (PKA) announced that the 2nd phase of the increase in Port Klang’s container tariff which was due to be implemented on 1st September 2018, will…
DHT Holdings Raises Fresh Funds
The crude oil tanker company operating a fleet of crude oil tankers in the VLCC, Suezmax and Aframax segments, DHT Holdings has reached agreements to exchange existing…
