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.
One person has died and another is missing after a commercial tanker struck a recreation vessel near Port Aransas, Texas.The U.S.
A global operational alliance between two of the world’s largest container shipping companies will not go into effect next…
Salvage operations were in high-gear on Thursday to prevent a potential oil spill and pollution along South Africa's west…
French shipping and logistics company CMA CGM said on Thursday that its ship "Benjamin Franklin" had lost 44 containers in…
Military Sealift Command is hiring experienced mariners.
The right software solution can help operators manage the dual demands of regulatory compliance and commercial opportunity
Reducing pollutant emissions in the shipping industry with LEWA's diaphragm pumps
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