Tankers
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Seacon offloads modern MR1 product tanker in $36m deal with Union Maritime
Hong Kong-listed Seacon Shipping is selling a bareboat chartered modern chemical and oil products carrier to UK bulker and tanker…
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‘Compelling’ tanker orderbook augurs well for rates through to 2026
The “compelling” tanker orderbook augurs well for freight rates for the coming couple of years, according to multiple researchers. The…
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Russia forced to import fuel with up to 20% of its refining capacity knocked out
A new report from Oslo-based Arctic Securities estimates today that around 20% of Russia’s refining capacity has been knocked offline…
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American investor takes aim at Euronav again with new legal action
An American investor in Euronav has returned to Belgium with another lawsuit in a bid to overturn deals struck between…
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EuroGreen Maritime seals deal with Equinor for methanol dual-fuel product tanker newbuilds
French shipping company EuroGreen Maritime has landed a seven-year charter deal for four MR product tankers newbuilds with Norwegian energy…
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Pan Ocean behind pricey tanker order at Hyundai Mipo
Pan Ocean has been named as the owner of high-priced product tanker newbuilds at a competitor yard in South Korea.…
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Sanctions and drones take their toll on Russian oil exporting machine
Further signs are emerging of how sanctions combined with Ukrainian drones are causing serious problems for the Russian oil exporting…
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Panama Canal restrictions set to ease as rains roll in
Weather forecasts have plenty of rain heading Panama’s way with many in international shipping predicting that the worst has now…
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Industrial Jenga: the battle to reopen Baltimore port
The port of Baltimore could be up and running at full capacity by the end of next month under a…
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US targets Emirati shipmanager and 13 vessels in latest round of Iran-related sanctions
The US has imposed sanctions on a United Arab Emirates-based shipmanager and 13 vessels linked to its role in shipping…
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Washington seeks new ways to deescalate Red Sea shipping crisis
The US is trying a new carrot-and-stick approach in its dealings with the Houthis in Yemen. On the one hand,…
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Salvors wait for improved weather in Baltimore
Appalling weather conditions are set to ease in the coming days making salvage operations at Baltimore port easier. One of…
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Safeen Feeders vessel joins Stena Sonangol suezmax pool
AD Ports Group’s shipping arm Safeen Feeders has joined the Stena Sonangol suezmax pool, a joint venture between Swedish shipowner…
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‘Pancaked’ bridge wedged in mud hampers Baltimore salvage ops
Sonar images released yesterday show the magnitude of the job that divers and salvage workers face as they begin to…
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Hafnia to start trading on NYSE next week
After Hafnia, the world’s largest product tanker owner, announced late last year that it was pursuing a secondary listing in…
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Baltimore salvage ops prove more challenging than expected
Ahead of what will be years of legal wrangling, the owner and manager of the world’s most discussed ship, the…
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Gunshots ring out in the Red Sea for the first time in more than a week
The Houthis remain a menace to merchant shipping in the Middle East. After eight consecutive days of no reported incidents,…
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Italian broker accused of involvement in Venezuelan oil trafficking scheme
Greek police have apprehended Erik Roveta, a 47-year-old Italian tanker broker, for his involvement in an international criminal network trafficking…
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Great Eastern Shipping continues tanker fleet rejuvenation
Indian owner Great Eastern Shipping has struck a deal to sell its 2004-built MR product tanker Jag Pahel, making room…
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Greece’s Cape Shipping signs for tanker newbuilds
The Andrianopoulos family and its Cape Shipping have embarked on their first tanker newbuilding project at two Chinese shipyards. The…
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