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Diana sells two panamaxes to affiliated parties

Disposals should be seen in context of strategy to phase out older tonnage and repurchase stock ‘at a discount’

North America Europe

Epic Gas upbeat about market prospects

Epic Gas notes there are only five newbuilding vessels scheduled to be delivered in 2019 and five more in 2020, representing a 1.4% increase in existing fleet capacity

Singapore Tankers and Gas

Hanjin Heavy’s shares suspended over Philippines unit costs

The shipyard said its losses have increased due to the impact of its Philippines unit, which received approval for a rehabilitation scheme in January

Asia Pacific South Korea

Hutchison Port Holdings hurt by impairment losses

Slower international trade and further structural changes to container shipping lines is making forecasting cargo volumes ‘challenging’, says Hutchison Port Holdings Trust

Asia Pacific Hong Kong

US ports could benefit from project funding

The pilot programme is intended to improve the delivery of water resource infrastructure

North America United States

Nordic American Tankers secures new five-year loan

NAT board is focused on further reducing its debt levels

North America United States
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