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Mario Cordero to be new executive director of Long Beach

Commissioner of the US Federal Maritime Commission (FMC), Maria Cordero, has been appointed to be the new director of the major US port in Long Beach.

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

Nordic Shipholding lowers guidance again

Nordic Shipholding has decided to downgrade its expectations for 2017 once again. The company now expects a slightly bigger deficit than before, says the carrier in its interim report.

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