RCL Announces Share Buyback Plan
Royal Caribbean Cruises has announced board authorization for a $500 million share repurchase program. The company said that it received board approval to implement…
Diana Shipping Gets Time Charter Contracts for Three Vessels
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for…
Japan's Big 3 Shipping Lines Eyes Profits
Japan's top three shippers -Nippon Yusen KK (NYK), Mitsui OSK Lines and Kawasaki Kisen Kaisha - appear on course for net profit in fiscal 2017, buoyed by better…
Eimskip Gets Finance Deal for New Container Vessels
Eimskip has secured 80% financing of the contract price of the vessels with a 15 year tenor in Euros taken upon delivery. The lender is the German bank KfW IPEX-Bank GmbH.
DMCA Visits Seacor Marine
Dubai Maritime City Authority visits Seacor Marine, a major operator of offshore marine support vessels, to further reinforce local maritime sector in partnership with private sector.
Disney Wonder First Passenger Vessel To Transit New Panama Canal
The Disney Wonder transited the Panama Canal on Saturday as the first passenger vessel to go through the canal's new set of locks, marking a milestone for the cruise industry.
Positive Trends in Tanker Market
Euronav NV CEO Paddy Rodgers said that the company's financial results for Q1 was a confirmation of our thesis: short term challenges but a positive medium structure building for the tanker sector.
