Oil tanker firm Frontline reported first quarter earnings below expectations on Tuesday and said that unless markets improve, it may need to restructure to repay debt.
Frontline, the tanker arm of shipping tycoon John Fredriksen, said it made a net loss of $12.1 million in the first quarter, trailing expectations for a $4 million loss in a Reuters poll of analysts.
(By Balazs Koranyi)
An incident at the Vineyard Wind offshore wind energy project this week that scattered shards of fiberglass across Massachusetts…
Turkey will send an exploration vessel off the coast of Somalia later this year to search for oil and gas as part of a hydrocarbon…
The Kremlin said on Thursday that Russia would consider any plans to establish a permanent presence of NATO warships in the Black Sea as a threat…
Liberia-flagged oil tanker Chios Lion was assessing damage and investigating a potential oil spill after it was attacked by Yemen's Houthis in the Red
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
Read the Magazine
Subscribe for
Maritime Reporter E-News
Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week
