Accidents
Golden Ray Wreck Removal Hits Hiccup Cutting Section Seven
Crews working to cut up and remove the Golden Ray wreck from Georgia’s St. Simons Sound will shift their focus to another section after a chain failure while cutting the...
Yangzijiang-Shipbuilding
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Shipping
TORM Scoops Up 8 MR Product Tankers from TEAM Tankers
TORM Tankers has announced plans to acquire eight medium-range product tankers from TEAM Tankers for approximately $148 in cash and shares. The eight vessels were all built at Croatia’s Brodotrogir...
finance
VLCC Fire Sale – Singapore Tanker Tycoon O.K. Lim Liquidates One-Third His Fleet To Repay Billions Of Debt
By Jessica Jaganathan (Reuters) – About one-third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family have been sold as part...