Gaslog Mulls Buybacks, Extra Dividends as Rates Soar
Gaslog, a liquefied natural gas (LNG) carrier, said on Thursday it was considering extra dividends or a share buyback after reporting record profit due to soaring shipping rates, which are expected to remain elevated for the next year or two.The U.S.-listed company is the world's largest independent owner of LNG shipping vessels with long-term charters with Royal Dutch Shell, a major LNG trader, and Cheniere Energy , a new U.S.
BP Completes $10.5-billion BHP Billiton Acquisition
London-based BP Plc BP has completed the $10.5-billion acquisition of BHPâs U.S. unconventional assets in a landmark deal that will significantly upgrade BPâs U.S.
MHI Vestas Signs Tower Contract, Expands in Taiwan
MHI Vestas Offshore Wind, a joint venture of Mitsubishi Heavy Industries and Vestas Wind Systems, signed a conditional contract with CS Wind/Chin Fong the local manufacture of towersâŠ
Tidal Developer Collaboration to Tackle Foundation Mooring
CorPower and Sustainable Marine Energy join forces for a wave and tidal developer collaboration to develop and demonstrate generic foundation mooring solution toâŠ
NZ Harbour Welcomes its Largest Container Ship
The largest Port in the South Island of New Zealand, Lyttelton Port, has welcomed its largest ever container ship.The Singaporeâflagged Rio de Janeiro, which canâŠ
Port of Helsinki Launches Separate Company for Ship Services
Finland's main port Port of Helsinki Ltd is preparing for the implementation of the requirements of the EUâs Port Services Regulation by transferring ship servicesâŠ
Babcock Delivers World's Largest LNG Bunker Supply Vessel
Babcock International is celebrating the completion of its âfirst of its kindâ and the worldâs largest liquefied natural gas (LNG) bunker supply vessel, M.V. KairosâŠ
DP World, NIIF Win Bid at Mumbai's JNPT
Global port operator DP World said its joint venture (JV) with National Investment and Infrastructure Fund (NIIF) has won the bid to build a Free Trade WarehousingâŠ
ONE Drags Down NYK Line Earnings
Container line joint venture Ocean Network Express (ONE) dragged down NYK Line in the first half of 2018 ended September 30 with with Japanese shipping group inâŠ
Worldâs Biggest Container Ship on Maiden Call at Westports
The worldâs biggest container ship, OOCL United Kingdom, made her maiden call at Malaysia's Westports in Port Klang on her way to China.The OOCL United Kingdom, with a carrying capacity of 21âŠ
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