Malta Drydocks: Johnson Out, Seeking New CEO
Malta Drydocks has issued an international call for applicants for a new chief executive after dismissing the British incumbent a year before his contract expires.
P&O Raises Cash For Cruise Ships
P&O has raised $650 million in financing for two new cruise ships to be built by French shipyard Chantiers de l'Atlantique, lead banker SG said. The two new vesselsā¦
Cargill To Ship Low Sulfur Cargo From SE Asia
Cargill Inc is reportedly in the process of shipping the first low-sulfur gas oil or diesel cargo from Southeast Asia to Europe. Reports say the company had chartered a tanker called the Young Ladyā¦
ING Barings Raises Rating On 4 Shipping Companies
ING Barings raised its ratings on four shipping companies to strong buy from buy. Analyst Stephen Gengaro raised his ratings on shares of Frontline Ltd. to a strongā¦
P&O Nedlloyd To Buy Farrell Lines
It is reported that P&O Nedlloyd reached an agreement to buy U.S. Farrell Lines Inc for an undisclosed sum. No timing was set for the purchase, which is subject to approval by the U.S.
