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Golar LNG’s Loss Widens in 2Q

Liquefied natural gas (LNG) shipping company Golar LNG reported a net loss of USD 99.5 million in the second quarter of 2016, widening further from a net loss of USD 2.5...

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MOL to Start Study on Big Data in Ocean Shipping

Japanese shipping company Mitsui O.S.K. Lines (MOL) has, together with its subsidiary MOL Information Systems, entered into an agreement with Yokohama National University to conduct a joint study on the analysis and...

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Report: SOMO Blacklists Three Crude Oil Tankers

Iraqi national company State Organization for Marketing of Oil (SOMO) has blacklisted three tankers which had been shipping crude oil from Kurdistan, according to Reuters. Namely, the company earlier noted that...

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