Fourth Time A Charm For Latvian Shipping?
After five years of failed tenders and political turmoil, Latvia is once again bringing Latvian Shipping to the block in the hope of finally selling the company…
Atlantic Panamax Business Slows
The buoyancy detected in the Atlantic Panamax market over the past fortnight has waned, brokers said on Tuesday. Fresh orders from the U.S. Gulf were described as…
Taiwan's Evergreen Sales Fall
Taiwan's Evergreen Marine, the world's largest shipping company, said sales fell 8.57 percent in 2000 to T$19.955 billion. The figures were contained in a brief statement to the Taiwan stock exchange…
Stelmar Buys Osprey Tanker-Fleet for $212.5M
Airline chief Stelios Haji-Ioannou's tanker company Stelmar has agreed to pay $212.5 million for the bulk of the clean tanker fleet of Singapore-listed Osprey Maritime, Reuters reported on Wednesday.