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TOP SHIPS has terminated its four remaining bareboat charters and will pay a termination fee of $11.75M. After market close yesterday, the NASDAQ-listed tanker and bulker operator confirmed charter terminations for the four Handymaxes: Faithful, Doubtless, Spotless and Vanguard. In April, Top had agreed with owners of the Relentless to terminate tha...
TOP SHIPS has terminated its four remaining bareboat charters and will pay a termination fee of $ 11.75M . After market close yesterday, the NASDAQ-listed tanker and bulker operator confirmed charter terminations for the four Handymaxes: Faithful, Doubtless, Spotless and Vanguard. In April, Top had agreed with owners of the Relentless to terminate ...
SINGAPORE ’S government has taken over development and ownership of the country’s first LNG import terminal. A new company called Singapore LNG will be set up by the Energy Market Authority. S Iswaran , senior minister of state for trade and industry, blamed the recession for the government’s move to take control of the scheme. ...
GERMANY ’S BLG Logistics will reportedly make further cuts to staff hours at ro-ro terminals due to a drop in shipments. The working time for 250 white-collar workers in Bremerhaven will be cut by 20%, a company spokesman told German news agency DPA. Following the collapse of vehicle shipments by about 50% in 1Q09, about 600 workers ...
SINGAPORE ’S government has taken over development and ownership of the country’s first LNG import terminal. A new company called Singapore LNG will be set up by the Energy Market Authority. S Iswaran , senior minister of state for trade and industry, blamed the recession for the government’s move to take control of the scheme. ...
Matson Navigation Co. and three unions that represent crewmembers and pilots for the carrier reached tentative agreement on a new four-year work contract Sunday, avoiding the specter of a prolonged work stoppage, the Honolulu Advertiser reported. Terms of the new deal were not disclosed, but talks were apparently intensified when the A...
ROYAL Caribbean said today that fuel and currency moves will cut earnings, but reported hopeful signs on pricing. Royal Caribbean provided a business update as part of a new offering of $ 250M in senior notes. “Since the company last provided guidance on 23 April, the H1N1 virus outbreak and rising fuel prices have negatively impacted what o...
SHELL has struck a deal with Russia to develop several gasfield projects in the country, following a meeting with prime minister Vladimir Putin. The deal involves developing projects around Sakhalin Island , the Pacific, the Yamal peninsula and the Kara Sea in the northwestern Arctic . Putin told them they had his backing to invest in t...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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