Industry News

Reference is made to the Half-Year Report 2023 and the stock exchange release of 14 March 2023 from Awilco Drilling PLC (“Awilco Drilling”) regarding the termination of the newbuilding contract between Awilco Rig 2 Pte. Ltd. (“AR2”) and Keppel FELS Limited (“KFELS”)...

SummaryThe fright revenues in the third quarter were NOK 176 million, which is a decrease from a strong second quarter and lower than the corresponding quarter last year after one ship was sold out of the fleet in January this year. Three vessels are sold in the...

Frontline plc (“Frontline”) (NYSE and OSE: FRO), today announced that the sale by Frontline of 13.7 million shares in Euronav NV (“Euronav”) to CMB NV (“CMB”) has been completed. On 9 October 2023 Frontline announced that it had agreed on an integrated solution to the...

Successful placement of senior unsecured bond issue 22 November 2023 – Reference is made to the stock exchange notice from BW Offshore Limited (the “Company”) dated 16 November 2023 regarding a contemplated new senior unsecured bond issue. The Company has successfully...

ATHENS, Greece, Nov. 22, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NASDAQ: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has agreed to extend the time charter employment contracts of...

ATHENS, Greece, Nov. 22, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NASDAQ: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has agreed to extend the time charter employment contracts of...

Artist Manal AlDowayan in Venice, 2023. Courtesy of the artist and the Visual Arts Commission, the Commissioner for the National Pavilion of Saudi Arabia Artist Manal AlDowayan in Venice, 2023. Courtesy of the artist and the Visual Arts Commission, the Commissioner...

November 21, 2023 SBM Offshore reports that it has completed the repurchase of 350,000 shares. Between November 9, 2023 and November 21, 2023 a total of 350,000 common shares were repurchased, at an average price of EUR 12.25 per share, representing a total of EUR...

ATHENS, Greece, Nov. 21, 2023 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the third...