Some 150 mt of bonded light marine diesel oil was delivered to the Panama-flagged vessel in less than two hours, says Cheng Jing, Executive Deputy General...
Several individuals were ordered to continue acting as the Joint Provisional Liquidators of the company, with the full powers of a liquidator in a winding-up exercise,...
Meeting will be held electronically on 12 August at 10.00 am for creditors to get an update on liquidation status, according to the Government Gazette.
Creditors to send in their names and addresses, with particulars of their debts and claims, to the Liquidators on or before 29 August, according to the...
Copies of the notice of the meeting on 15 August 2022 have been circulated to the contributories of the Company by post and/ or email, according...
“M/V George III” will be the first of two LNG-powered vessels to serve the West Coast of the United States and is the first IGF compliant...
While the firm’s ships’ costs increased, bunker consumption dropped by 15% due to a reduction in the number of operating vessels and port congestion.
Firm received 38 orders for LNG-fuelled ships in the first half of 2022 from various Chinese and Korean shipyards on behalf of major global ship-owners.
Firm’s marine segment generated gross profit of USD 78.2 million in Q2 2022 compared to USD 22.7 million in Q2 2021.
Company is pursuing a vessel upgrade programme during dry-dockings, investing about USD 2.2 million for 2022, which involves environmental upgrades including using low friction paints.