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Report: Fincantieri Sole Bidder for STX France

Italian shipbuilding and ship designing company Fincantieri has emerged as the only bidder for Saint-Nazaire-based shipbuilder STX France, Reuters informed citing a source close to the matter. Earlier this week, a...

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GMS: Vale’s VLOC Demolition Sale Fails

Brazilian mining giant Vale’s recent sale of a very large ore carrier (VLOC) for demolition has reportedly failed, according to a report from GMS, a cash buyer of ships for recycling....

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GulfNav, SeaQuest Tie Up in Ship Management

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has entered into an agreement with Switzerland-based SeaQuest Group to set up a partnership in ship management, advisory services and marine project management....

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MSI: Tanker Market Entering Calmer Waters

After a year of tumultuous political and policy upheaval, both oil and tanker markets are undergoing a process of rebalancing, according to Maritime Strategies International (MSI). The fourth quarter of 2016...

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