Euronav NV
announced that the company sold two double-hull Aframaxes, the Fantasy (2002–106,560 dwt) and the Fidelity (2002–106,548 dwt), for an aggregate selling price of $137 million. The capital gain of this sale transaction of about $44.5 million will be recorded in the second half of 2008 upon delivery of the ships to their new owner. The company had purchase options on the two ships which were on bareboat charter to Euronav since 2002.
Taiwan's defense ministry on Thursday closed an emergency response center opened earlier this week in response to what it…
The river Mosel in western Germany, an important route for grains and rapeseed shipments, has been closed to inland waterways…
DP World is trialing an innovative carbon reduction program at its UK logistics hubs, London Gateway and Southampton, aimed…
Austal Philippines has delivered a 32-meter catamaran to Rottnest Fast Ferries, less than twelve months after commencing construction in Balamban…
Hapag-Lloyd reduces emissions & costs through Shipshave’s ITCH solution, confirmed by DNV
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For the first time ever, Military Sealift Command is hosting a virtual job fair to reach US Citizens in the Philippines who are interested in a maritime career.
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