Oldendorff Boosts Babycape Fleet

German shipping company Oldendorff Carriers has decided to further expand its Babycape fleet by buying four and taking two bulkers on a period charter.

Bumper Delivery Year for Lion City Owners

Singapore-based owners are set to take delivery of 251 ships by the end of the year, the highest number of vessels on record yet.

DHT Holdings Clinches USD 485 Mn Refinancing Deal

Crude oil tanker owner and operator DHT Holdings has entered into a USD 485 million secured credit facility agreement for the refinancing of 13 of the company’s VLCCs.

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Development of the Northern Sea Route and Russian Far East

On February 26, 2018,
Mitsui O.S.K. Lines, Ltd.
(“MOL”) signed a
Memorandum of
Understanding (“MOU”) with the Far East Investment and Export Agency (“FEIA”) under the Ministry of the
Russian Federation

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