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Yang Ming gets fresh capital from the state

Yang Ming is now, for the first time, drawing on the state-backed credit package launched in Taiwan last year. The container carrier plans to raise USD 54 million by selling new shares to the state and other buyers.

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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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