rss icon Subscribe
desktop mobile

Saga Completes Merger

Image: Saga Tankers

Laxman Pai

Norway-based Saga Tankers ASA has completed its reorganization.

It's 100% owned subsidiaries Strata Marine & Offshore AS, Saga Julie AS, Saga Unity AS and Saga Chelsea AS have completed the merger with Saga Tankers ASA, the company announced. As a result, all assets has been transferred to Saga Tankers ASA. This include, but are not limited to, shares in Vistin Pharma ASA.

After the completion of the merger Saga Tankers ASA will only have Vallhall Fotballhall KS, Vallhall Fotball AS and Vallhall Fotballhall Drift AS as subsidiaries.

Mar 15, 2019

 

Legal

NOSAC to USCG: Allow Domestic OSVs in Disaster Recovery

Aaron Smith, OMSA President

Last week, the National Offshore Safety Advisory Committee (NOSAC) overwhelmingly approved

USCG: Limited Opening of San Jac River Announced

The port of Houston Refining complex (CREDIT: AdobeStock / © Irina K

The USCG Captain of the Port has updated vessel traffic coordination directives. Facility cargo

Croatia Arrests 12 in Shipyard Probe

© Jakub Wojtowicz / Adobe Stock

Twelve people were arrested in Croatia on Tuesday on suspicion of causing over one billion kuna

Tankers

PDVSA Oil Port Paralyzed by Another Blackout

Venezuela's main oil export port of Jose and the country's four crude upgraders have been unable to resume operations following a massive power blackout on Monday

Kinder Morgan quits Crude Export Venture

Kinder Morgan Inc has dropped out of a recently proposed U.S. Gulf Coast deepwater crude export venture, the project's leader Enbridge Inc said on Monday.

BDO: Shipping Confidence Rises

“It is encouraging to begin the year with a small uptick in confidence. Despite continuing doubts and fears about trade wars, China’s GDP, uncertainty over exchange rates, President Trump’s decision-making, Brexit and general political instability in many parts of the world, shipping can still find reasons to be cheerful,” said Richard Greiner, Partner, Shipping & Transport at BDO. Image: BDO

Even in the face of a raft of geopolitical and trade disputes that have conspired to instill

Maritime Apps