Accordin to a report from AFP, South Korea's second biggest shipbuilder Daewoo Shipbuilding and Marine Engineering said net profit for the three months ended March 31 soared to $222m.
Shipbroker Charles R. Weber is quite optimistic on the future prospects of the VLCC market for 2016 onwards.
The demand is expected to remain elevated with
Goldenport Holdings Inc reported a net loss of USD14.7 million in the first six months of 2015, significantly wider than the USD1.4 million net loss a year earlier
Russia’s biggest shipping company PAO Sovcomflot (SCF Group) surpassed its own expectations and went forward on both revenue and net profit in the first six months.