Tankers
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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…
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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…
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Dee4 Capital hires new technical head as fleet hits four
Danish private equity firm Dee4 Capital Partners, founded last year by Carsten Mortensen and Freddie Lee, has announced a new…
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Central Mare orders suezmax pair at Hyundai
Evangelos Pistiolis, via Central Mare, has placed an order with Hyundai Heavy Industries for the construction of two 158,000 dwt…
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Odfjell tanker collides with fishing vessel, two missing
The 37,400 dwt chemical tanker collided with fishing vessel Pappy’s Pride off Galveston, Texas on Tuesday. According to the US…
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Torm refinances debt with new facilities worth $496m
Danish product tanker giant Torm has obtained commitments from banks for two separate term facilities and a revolving credit facility…
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VLCC prices leap 12% since August
The VLCC market remains boiling hot, with four ships sold this year, while more sales are expected to be closed…
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Evangelos Marinakis snaps up 14-year-old Japanese VLCC
Evangelos Marinakis’s Capital Maritime and Trading has moved to further take advantage of solid VLCC rates up around the $100k…
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Spetalen teams with Ofer and Economou for VLCC newbuild
Norwegian financial wizard and billionaire Øystein Stray Spetalen is entering the hot VLCC business, teaming up with two of the…
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Carl Buttner books chemical tanker pair at Hantong
German tanker owner Carl Buttner has signed shipbuilding contracts with Chinese yard Hantong Ship Heavy Industry for the construction of…
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DeA Capital takes control of four Italian tankers
IDeA Corporate Credit Recovery II Shipping Fund, a turnaround vehicle managed by DeA Capital Alternative Funds, finished its 2019 with…
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Weekly Broker: Dry bulk and tanker fortunes on divergent paths at start of the decade
Could tanker and dry bulk fortunes be more divergent in the first few days of the new decade? Tankers, led…
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Ridgebury Tankers profits once again from selling vintage VLCC
Broker reports are filled up with VLCC sales in the first days of the year as buyers continue to find…
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Sanchi families detail cover-up claims
The families of the disaster have told Splash about the massive cover-up they believe has taken place in one of…
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Maersk Tankers launches standalone green tech business
Maersk Tankers has launched a new standalone digital business, to be led by Soren Meyer, to develop and sell the…
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Navig8 buys back MR tanker from Ocean Yield
Navig8 Chemical Tankers, a unit of Navig8 Group, has declared the purchase option to acquire 2015-built 37,600 dwt MR tanker…
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Welcome to the roaring twenties. Bold moves required from this point on
Around a century ago, on November 2 1920, 25m US citizens cast their vote in the first presidential election of…
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Norden acquires MR2 pair and offloads handy tanker
Denmark’s Norden has announced the sale of a handysize tanker as well as the acquisition of two MR tankers. Norden…
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Shanghai Platinum takes over Fenghai Shipping
Shanghai Platinum Asset Management has won approval from the creditors of bankrupt tanker operator Dongguan Fenghai Shipping to be the…
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Heidmar and Signal join forces on aframaxes
George Economou’s Heidmar and Ioannis Martinos’s Signal Maritime Services have agreed a partnership which will see Signal take on the…
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