Tankers
-
Splash Extra: Fevered start to the new decade
Splash Extra turns one-year-old today with a bumper issue featuring the thoughts of more than 30 shipowners. The full impact…
Read More » -
Teekay Tankers sells non-US ship-to-ship transfer business
Teekay Tankers has announced the sale of several assets worth a total of $83m as well as the closing of…
Read More » -
CMB becomes the world’s first net zero shipping line
Pioneering Compagnie Maritime Belge (CMB), which turned 125 on Friday, is set to become the first shipping line in the…
Read More » -
Libya’s main oil export terminals closed
Tanker brokers are reporting that oil exports from Libya have come to near complete standstill. Late last week forces loyal…
Read More » -
Monarch abdicates from shipowning with sale of famous VLCC
Sales talk surrounding US investment fund Monarch Alternative Capital only ship, the 10-year-old, 320,000 dwt , is creating plenty of…
Read More » -
Torm orders LR2 tanker pair at GSI
Danish product tanker giant Torm has returned to China’s Guangzhou Shipyard International to order a pair of scrubber-fitted LR2 newbuildings.…
Read More » -
Guyana becomes world’s newest oil exporter
The world has a new source of oil from the Caribbean with Guyana exporting its first batch of crude earlier…
Read More » -
Weekly Broker: Boxship sales return
The sale and purchase market was again dominated by tanker sales this past week, while there was also a noticeable…
Read More » -
Chembulk Tankers appoints new CEO
Southport-headquartered chemical tanker owner Chembulk Tankers has appointed Bart Kellehern as its new CEO, replacing David Ellis who has resigned…
Read More » -
Brightoil secures debt restructuring deal with eight banks
Chinese private energy company Brightoil Petroleum has entered into a major debt restructuring deal with eight Chinese banks. The eight…
Read More » -
Pan Ocean orders chemical tanker quartet at Hyundai Mipo
South Korean shipowner Pan Ocean has placed an order at Hyundai Mipo Dockyard for the construction of four chemical tankers.…
Read More » -
Giuseppe Bottiglieri offloads MR1 quartet
The Naples-based Giuseppe Bottiglieri Shipping Company has finally found buyers for all four tankers its in fleet which were put…
Read More » -
Giuseppe Rizzo and his sister make swift shipowning return
Giuseppe Mauro Rizzo, former chief executive officer of RBD Armatori, will be co-owner of the newly built Rb-Rd Armatori vehicle,…
Read More » -
Shanghai Xiangfa Shipping seeks new investor
Shanghai Xiangfa Dangerous Cargo Shipping & Stoarge Company is looking for new investors to restructure the company after it was…
Read More » -
Dynacom returns to New Times for suezmax series
George Procopiou’s Dynacom Tankers Management has placed an order for four 158,000 dwt suezmaxes at Chinese independent yard New Times…
Read More » -
Dee4 Capital acquires Fuyo Kaiun MR2 to grow fleet to five
Danish private equity firm Dee4 Capital Partners, founded last year by Carsten Mortensen and Freddie Lee, has acquired its fifth…
Read More » -
VLCC rates tumble 40% in a week
Spot rates for the notoriously volatile VLCC sector have tumbled by more than 40% since last Friday, with many analysts…
Read More » -
US and China trade deal unlikely to have immediate impact on shipping
The US and China have signed the first phase of a broader trade pact on Wednesday, however analysts aren’t confident…
Read More » -
Ammonia-fuelled tanker project moves ahead
Malaysia’s flagship carrier MISC along with Samsung Heavy Industries (SHI), Lloyd’s Register (LR) and MAN Energy Solutions have announced that…
Read More » -
Weekly Broker: Bargain hunters in search of January sales
The sale and purchase activities for secondhand dry bulk vessels have picked up in the second week of 2020 with…
Read More »