Dorian LPG profit drops to three-year-low amid ‘fading effect’ of Panama Canal drought
Stamford-based owner sees revenue drop to lowest in eight quarters
Eurozone GDP surprised to the upside in the third quarter
PMIs have been indicating doom and gloom about the eurozone economy since May, but third-quarter GDP data has come in…
Europe will pay a ‘big price,’ Trump warns on tariffs
Republican U.S. presidential candidate Donald Trump said the European Union would have to “pay a big price” for not buying…
Some companies change tack in China with no recovery in sight
Companies around the world are starting to cut prices and costs and scale back activity in China, as the world’s…
Turkey increases Russian Urals oil imports by 40% in Oct, LSEG data shows
Turkey increased imports of Russia’s flagship Urals crude in October to 7.41 million barrels (about 1 million metric tons) from…
Norden trims annual estimate again as weak product tanker rates hit its bottom line
Owner-operator has earmarked another five vessels for sale in deals worth around $25m
Great Eastern continues to axe veteran vessels as MR tanker sold
Indian owner offloads former Navios ship built in 2005
Ocean Network Express hikes profit forecast to over $3bn
Japanese liner again upgrades after Q2 profits surge to nearly $2bn
SSY breaks into LPG shipbroking with new hire
Broking group is targeting LPG gas and ammonia shipping markets
Russia’s new Arc7 LNG carriers delayed again as Western sanctions bite
Sanctions hinder operations at Russia’s Zvezda shipbuilding complex