Tanker, LNG carrier and FPSO group back in the black as it sails through crisis almost unscathed
Finance
Euronav to pursue $216m buyback after shareholders fall in line
Tanker giant finally wins investor approval to hoover up stock
State-backed white knight tipped to bail out Pacific International Lines
State-backed financial benefactor speculated to be waiting in the wings to help the troubled liner company
Talk of state-backer comes as Singapore needs a national carrier
PIL managing director Teo Siong Seng’s stature in the Singapore business scene may help win funding for the company
Eagle Bulk details carbon output in first ESG report
Governance leader says its emissions have fallen 11% over four years
Eimskip axes 10% of staff to lower costs during pandemic
Icelandic shipowner posts loss for first quarter, but salary expenses are falling
Eidesvik launches talks with banks as state tax plan offers hope for OSVs
Norwegian offshore operator aims to preserve liquidity as government mulls help for oil and gas sector
Brightoil settles $30m debt with Petrolimex for founder Sit
Hong Kong-listed oil player has continued restructuring with financing provided by state-linked Huarong
SFL pounces for Landbridge VLCC resale in volatile market
John Fredriksen company beefs up core operations in $65m leaseback deal for Dalian Shipbuilding tanker
New York judge gives Kalani plaintiffs ‘third bite at the apple’ against Greek owners
For DryShips and Diana Containerships, it’s not over till it’s over as court allows new complaint