PetroQuest Sells Shares

Monday, October 15, 2007
Lafayette, La.-based PetroQuest Energy Inc. sold an additional 195,000 shares of its 6.875 percent Series B preferred stock. The energy producer received about $70.7 million in proceeds from its recent public stick offering and will use the funds to repay debt and for other corporate purposes. The company is listed on the NASDAQ and its stock is traded under the symbol PQUE

Finance

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore,

European Owners Lead in Buying Up Secondhand Tonnage

With European owners leading the pack in buying up vessels, the sale and purchase market appears to have been notably active in recent years, reveals Clarkson Research Services Limited.

Monjasa Bags Credit Facility from Société Générale

Danish bunker fuel supplier and shipping firm Monjasa has signed a credit facility with French bank Société Générale for USD 80 million.    A statement from

Salvage

26 Hours of Information Recovered from El Faro's VDR

A group led by the U.S. National Transportation Safety Board (NTSB) has gathered information from the recovered voyage data recorder (VDR) of sunken cargo ship

The Economics of Ship Breaking & Scrapping

Sometimes being an industry supplier offers interesting insights – your business is touched by the ups and downs of the charter market, but you are never so involved

Giant CMA CGM Ship Vasco De Gama Runs Aground

CMA CGM’s mega containership Vasco De Gama ran aground off the Port of Southampton on the UK’s south coast just after midnight on August 22, 2016, reported Fleetmon.

 
 
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