Vessel sale increases SBM Offshore's earnings

SBM Offshore's earnings grew in the first half of the year, partly due to the sale of an FPSO vessel. At the same time, the company expects the recovery in the offshore market to continue.

Photo: SBM Offshore

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Multipurpose giant AAL: Industry faces three difficult tasks

The world's fifth-largest multipurpose carrier AAL eyes three major challenges for the sector in the next couple of years. The shipping company increased its presence in Europe before the summer and is now ready to grow more in the region, CEO Kyriacos Panayides tells ShippingWatch.

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