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Ship Finance International Reports First Quarter Net Loss of $87 Million

SFL Corporation Ltd. announced its preliminary financial results for the quarter ended March 31, 2020.Highlights · 65 th consecutive quarterly dividend declared, $0.25 per share · Operating revenue of $122 million, and net loss of $87 million in the first quarter,

The Iranian Dilemma: Will Venezuela’s Petroleum Lifeline Provoke Washington?

In a modern parallel of the 1963 Cuban Missile Crisis, 5 Iranian vessels, laden not with nuclear weapons, but with embargoed Iranian petroleum are believed to be heading for Venezuela. While this comparison may seem like hyperbole, a brief consideration of

Venezuela’s military to escort Iranian fuel tankers -defense minister

Venezuela’s military will escort Iranian tankers bringing fuel to the gasoline-starved country as soon as they enter its exclusive economic zone, Defense Minister Vladimir Padrino said on Wednesday. His comments came after Venezuelan opposition leader Juan Guaido said the shipment should