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Greece: EU and IMF in ‘common position’

German finance minister Wolfgang Schaeuble has said the institutions in charge of Greece’s bailout have reached a “common position” on how to proceed. His comments appear to indicate that deadlock...

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Shell: Bright Outlook for LNG Trade

By 2020, the size of global LNG trade is projected to grow by 50% compared to volumes in 2014, driven particularly by LNG exports from Australia and the USA, oil and...

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Boluda Buys German Towage Operators

Spain’s Boluda Corporación Marítima has acquired the German towing company URAG and its subsidiaries URAG International and Lütgens & Reimers (L&R). The sale of the Germany’s oldest tug operators comes following...

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Clarksons: 2016 Busy Year for Scrapping

2016 was a busy year for global ship recycling, especially when it comes to boxships and bulkers. What is more, shipbreaking is expected to remain at elevated levels this year as...

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