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GLOBAL3h ago

The small test that can prevent a nickel ore tragedy

The can test cannot replace laboratory analysis, but it can give crews an early warning that a seemingly solid cargo is dangerously wet. Captain Simon Hodgkinson, global head of loss prevention at…

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GLOBALSplash2472h ago

Velos takes $33m profit on vintage tanker sale

Greek owner Velos Tankers has reportedly sold the 2008-built LR2 tanker Velos Emerald for $50m. Numerous brokers report a striking return on a ship acquired five years ago for about $17m from Mitsui…

GLOBALSplash2472h ago

Diana drops Genco tender as takeover talks drag on

Diana Shipping has allowed its hostile tender offer for the US dry bulk rival Genco Shipping & Trading to expire but is keeping its separate $27.34-per-share takeover proposal on the table. The…

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