LEXX ......An essential information tool for the global logistics, energy & construction sectors

TORM swoops to buy 3 product tankers 6 Jun 23, 03:02 PM

Under the agreement, the refinanced debt will be structured as a syndicated facilities agreement with six to nine banks for $322 million, which will refinance 21 vessels built... Read more>>
Cido goes for dual-fuel 1 Jun 23, 10:46 AM

Cido Shipping adds dual-fuel VLGC new vessels to its growing orderbook. Latest order lifts company’s total spend at Hyundai Heavy Industries to nearly $840m. Eastern... Read more>>
Valemaxes to start calling at Abu Dhabi 25 May 23, 11:03 AM

Abu Dhabi’s AD Ports Group has signed a memorandum of understanding with the world’s largest producer of iron ore and nickel, Vale, to develop a mega hub on home soil at Khalifa port... Read more>>
Scorpio Tankers activates buy option on another five ships 16 May 23, 12:19 PM

Monaco-headquartered Scorpio Tankers is taking over ownership of more product tankers in a move that will see the Emanuele Lauro-led owner further reduce its financial costs.... Read more>>
DHT announces share buyback 9 May 23, 12:19 PM

New York-listed tanker owner DHT Holdings has purchased 5,075,300 of its own shares — equivalent to 3% of its outstanding shares — at an average price of $8.025 in the period from... Read more>>
Braemar and Womar join forces 26 Apr 23, 11:31 AM

Braemar ACM Shipbroking and Womar Tanker Pools sign agreement to launch chemical tanker index. Move is aimed at shedding light on the opaque market for stainless-steel chemical... Read more>>
Tufton and Womar seek Oslo listing 17 Apr 23, 10:41 AM

Tufton and Womar-backed start-up Stainless Tankers is targeting a main board listing in Oslo after its $67m over-the-counter IPO. The owner of seven stainless steel chemical... Read more>>
Solstad to Sell 37 Vessels to Tidewater 13 Apr 23, 12:05 PM

Norwegian offshore support vessel owner Solstad Offshore has agreed to sell 37 platform supply vessels to the U.S. firm Tidewater for $577 million. The sale will mark Solstad... Read more>>


Opinion & Comment

China to capitalise on Shanghai

China’s Bank of Communications sets up first ship leasing vehicle in Shanghai’s free trade... Read more>>

19 Feb 21, 06:23 PM
CMA CGM in Partnership with CSAV

CMA CGM announces the upgrading of its Victory Bridge service linking North Europe to US South... Read more>>

19 Feb 21, 06:23 PM
New Research Partnership

VeriTainer Corporation is a venture-backed leader in crane-based radiation detection... Read more>>

19 Feb 21, 06:22 PM
Oil Spill in Gulf

LEGISLATIVE fallout from the Gulf of Mexico spill will have profound implications for tankers... Read more>>

19 Feb 21, 06:22 PM
OSG expands fleet portfolio

There is some transhipment along the east coast of South America, but it is peanuts compared... Read more>>

19 Feb 21, 06:22 PM
Tideworks integrates crane telemetry

While shipping lines are prompting governments to push ahead with plans for new capacity in... Read more>>

19 Feb 21, 06:21 PM

Air Cargo - At The Heart of The Oil and Gas Industry
It is a scenario well known to oil and gas corporations across the globe: a big and vital piece of... Read more>>

19 Feb 21, 06:21 PM
Offshore Wind Power - New Dimensions in Electricity Generation
While European onshore wind farms are enjoying considerable success since becoming a proven... Read more>>

19 Feb 21, 06:20 PM