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Monthly Archives: February 2018

Evidence of universe’s earliest-known stars detected

WASHINGTON (Reuters) - A ground-based radio antenna in western Australia that resembles a dining room table has detected evidence of the earliest-known stars that illuminated an infant universe shrouded in darkness following its formation in the Big Ba...
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Solstad Farstad Bags New Contracts

Solstad Farstad ASA has entered into a contract with Fugro Netherlands Marine BV for the CSV, Normand Flower, for operations in North European waters. The contract period is 6 months firm. Commencement of the contract is end March 2018. “We…
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DP World Moves Ahead with Suez Canal Industrial Zone

Dubai-based ports operator DP World has inked an agreement with the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) to launch the first phase of an integrated industrial and residential zone in Sokhna. The framework agreement…
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Ship Finance International Bullish on 2018

Ship Finance International  announced net income of $20 million and $152 million of total charter revenues for the fourth quarter ended December 31, 2017. The company continued renewal of the fleet with the divestment of an older crude oil tanker vesse...
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Flex LNG Reports 4Q Profit

Norway-listed shipowner Flex LNG reported a net profit of $1.3 million for the fourth quarter of 2017  compared to a net loss of $0.02 million in the corresponding quarter last year. The company’s net loss for the twelve months of 2017 widened…
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Ocean Yield to Acquire Five Handysize Dry Bulkers

Ocean Yield ASA announced that the Company has agreed to acquire five modern handysize dry bulk vessels with 10 -year bareboat charters to companies owned and guaranteed by Interlink Maritime Corp. The purchase price is approximately USD 75 million net...
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