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Milaha Ups Its Stake in Nakilat

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 7, 2019 Qatar-based maritime transport and logistics company Milaha has, through its subsidiary Qatar Shipping Company WLL, increased the company’s stake in compatriot LNG shipping firm Nakilat. Namely, Milaha entered into an agreement for acquiring the entire stake of Qatar Investment Authority in Nakilat, representing 5.9% of Nakilat’s share capital. The sale and purchase agreement was […]

DHT Holdings Back to Black in 4Q 2018

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 7, 2019 Crude oil tanker company DHT Holdings managed to return to the black in the fourth quarter of 2018, as revenues continued rising. The company’s net income for the three-month period ended December 31, 2018, reached USD 12 million, against a net loss of USD 7.5 million reported in the same quarter a year […]

2020 Bulkers Raises USD 3 Mn for Yard Instalments

Posted By Tony Sanchez / Cargo News / 0 Comments

February 7, 2019 Norwegian shipowner 2020 Bulkers has raised net proceeds of USD 3 million through a private placement. On February 5, the company said that it conducted a private placement of 300,000 new shares, each at a subscription price of USD 10.0 per share. Subsequent to the closing of the private placement, 2020 Bulkers Ltd […]