Tankers
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Frontline clinches $544m suezmax lease financing with ICBC Leasing
John Fredriksen’s Frontline has signed a sale and leaseback agreement with China’s ICBC Financial Leasing to fund the acquisition of…
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Advantage Tankers snaps up Olympic aframax pair
Geneva-based Advantage Tankers has acquired a pair of Chinese-built aframax tankers from Greek owner Olympic Shipping and Management, according to…
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Minerva Marine tanker attacked by pirates off Benin
The 2006-built 51,000 dwt product tanker , owned by Greek owner Minerva Marine, was attacked by pirates off Cotonou, Benin…
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Premuda swoops for pair of MR2 tanker resales
Having spend 2019 shopping in the secondhand market, Genoa-based Premuda is now back also on the newbuilding market. Gaudenzio Bonaldo…
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Euronav acquires another resale VLCC
Belgian tanker owner Euronav has entered into an agreement for the acquisition of a resale VLCC newbuilding. The tanker, which…
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Weekly Broker: On the rebound
The two dominant nationalities in the world of S&P have clearly decided bargains are there to be had and Splash…
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Eastern Pacific orders suezmax pair at Waigaoqiao
Singapore’s Eastern Pacific Shipping has signed a shipbuilding contract with Shanghai Waigaoqiao Shipbuilding for the construction of two 158,000 dwt…
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AET tipped to be behind Samsung Heavy shuttle tanker trio
Malaysia’s AET is widely tipped to be the Asian owner behind yesterday’s stock market announcement from South Korea’s Samsung Heavy…
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Junzheng Shipping orders chemical tanker pair at Fukuoka
Chinese chemical tanker major Junzheng Shipping has placed an order at Japanese yard Fukuoka Shipbuilding for the construction of two…
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Falcon swoops for Eagle Melbourne MR2
Greece’s Falcon Navigation has acquired 2011-built Japanese MR2 product tanker , according to shipbrokers. According to both Seasure Shipbroking and…
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Waruna continues to accumulate tankers with $8.4m Interorient deal
Indonesia’s Waruna Nusa Sentana continues to add to its fleet, sealing its third deal this year with brokers reporting the…
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Unix Line pleads guilty to ship pollution charges
Singapore-based Unix Line, the primary shi management arm of MOL Chemical Tankers, has pleaded guilty in a federal court in…
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Arbitration backs Ocean Yield in dispute with Okeanis Eco Tankers over VLCC deal
An arbitration tribunal in London has ruled in favour of Ocean Yield, deciding that it was not required to sell…
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Weekly Broker: Failed bulker sales dominate headlines
Tankers trading hands have led the way recently in what has been overall been a muted few weeks for ship…
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Cosco orders chemical tanker pair at Chongqing Chuandong
Chinese state-run shipping conglomerate Cosco has placed an order at Chongqing Chuandong Shipbuilding Industry for the construction of two 13,800…
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Valles orders aframax at Daehan
Having been pruning its fleet of elderly tonnage of late, Hong Kong’s Valles Steamship has decided to make a rare…
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Euronav offloads suezmax tanker
Belgium-based tanker owner Euronav has announced the sale of its 2003-built 150,000 dwt suezmax tanker for a price of $21.8m.…
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Eastern Pacific orders product tanker quartet at Dae Sun
Singapore’s Eastern Pacific Shipping has placed an order at South Korean yard Dae Sun Shipbuilding for the construction of four…
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Top Ships confirms sale of Gunvor joint venture MR tankers
Evangelos Pistiolis-led Top Ships has confirmed the sale of two MR2 tankers owned by the company in a 50-50 joint…
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Weekly Broker: The bottom of the market
The ongoing doldrums in both the dry bulk and tanker market has failed to curb the appetite of buyers in…
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