Torm announced today the confirmation of its March 7, 2014 agreement in principle to sell 13 product tankers to entities controlled by Oaktree Capital Management.
All necessary approvals have now been obtained, the company said, and the agreement has subsequently become unconditional as per the outlined terms and conditions.
torm.com
On April 19th, 2024, Muddy Water Dredging, LP, held the christening ceremony of its Marlin Class dredge at the Port of New Orleans.
Brunvoll has been contracted to deliver the propulsion, maneuvering and autonomy systems for two hydrogen powered ferries…
Russia remained China's top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments.China's…
Australia's BHP Group is planning to receive its first ammonia-fueled bulk carrier in 2026 as part of the company's plans to cut shipping emissions…
As the maritime industry continues to rapidly advance with increasingly stringent regulations and ever-evolving technology, staying ahead of the curve requires embracing innovative technological
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
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