The company recorded impairment charges of $91.9 million primarily related to its marine segment, it notes.
Company incurred approximately $14.5 million in non-recurring charges through various advisory fees and write-offs during the period.
The vessel was a collaboration between Hyundai Mipo Dockyard, Ilshin Logistics, POSCO, Lloyd’s Register and Korean Register.
North Korean-flagged tanker and Chinese named oil tanker spotted 250 km off-Shanghai by Japanese assets.
Vietnamese nationals Nguyen Duc Quang, Doan Xuan Than and Dang Van Hanh still currently under detention.
European Commission fines car carrier cartel; MOL receives full immunity for revealing the cartel avoiding EUR 203 million in fines.
H.E.C. Europe and other firms are owned and controlled by Aegean’s founder and former Head of Corporate Development.
Mandate will take effect from 1 January 2019, but details of the implementation and frame work are currently unclear.
The new contracts follow the LNG Fuel Supply Agreement between Shell and Sovcomflot in 2017.
European Investment Bank and ING develop risk-bearing facility for projects to improve the environmental performance of vessels.
