Dorian pulled into the red by weak LPG market in 2016

Dorian LPG hit the red in the fiscal year 2016/2017, where weak rates nearly halved revenue. The CEO, however, notes record-high LPG volumes from the US in 2017 and onwards and is optimistic concerning long-term market prospects.

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Norwegian shipping investor debuts in dry bulk

Founder of rig company Borr Drilling, Tor Olav Trøim, is now targeting dry bulk with the company 2020 Bulkers. The plan is to list the company on the minor OTC stock exchange, reports local media Finansavisen.

Wärtsilä's Chinese venture pays off

Finland's Wärtsilä is betting on the Chinese market and has now won a contract to supply 16 engines to four new LNG vessels, states the company, adding that this order confirms growth in the country.

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