Tankers
-
Russia’s Sovcomflot hit by US sanctions
Russia’s Sovcomflot and 14 tankers linked to its operations have found themselves on the US sanctions list as part of…
Read More » -
Euronav orders dual-fuel bitumen tanker pair
Belgian tanker giant Euronav has ordered two dual-fuel 17,000 dwt bitumen tankers from a Chinese shipyard. The vessels will be…
Read More » -
Evalend orders Korean VLCC brace
The fleet rejuvenation programme at Kriton Lendoudis-led diversified owner Evalend Shipping is accelerating. The company has rapidly built up one…
Read More » -
How world shipping has transformed in the two years since Russia’s full-scale invasion of Ukraine
Saturday marks two years since the full-scale invasion of Ukraine, a war that has dramatically changed the global seaborne map,…
Read More » -
Houthis vow to escalate attacks
Despite multiple strikes against Houthi positions in Yemen this week there has been no let-up in ship attacks. A Palau-flagged…
Read More » -
Shipping in the Year of the Dragon: Tankers
More than healthy earnings are on the cards for tanker owners in 2024. The latest installment in Maritime CEO’s annual…
Read More » -
Teekay Tankers makes move on its final eight leased ships
Teekay Tankers has set to wrap up its vessel buyback programme having agreed to take back eight and final remaining…
Read More » -
Tim Huxley pinpoints best shipping investment plays
Tim Huxley, chairman of Mandarin Shipping, one of the best known names in Hong Kong shipowning circles, has given his…
Read More » -
Salvage teams drafted in ongoing Tobago clean-up operation
The government of Trinidad and Tobago has hired overseas help in the ongoing clean-up along its shoreline following a laden…
Read More » -
International Seaways swoops for six MRs
Minnesota-based Wayzata Investment Partners is behind what brokers at Cleaves Securities have coined as the deal of the week. Brokers…
Read More » -
Chemship vessel becomes first chemical tanker in the world to be fitted with sail kit
Chemship is celebrating becoming the first chemical tanker owner in the world to install wind propulsion. The Dutch owner has…
Read More » -
Seacon seals first tanker orders
China’s Seacon Shipping is diversifying its fleet, signing for its first tanker orders. Hong Kong-listed Seacon has contracted Fujian Southeast…
Read More » -
Great Eastern Shipping expands fleet with MR product tanker
Indian owner Great Eastern Shipping has bought a 2010-built MR product tanker of about 49,999 dwt. The vessel is expected…
Read More » -
Oil from capsized vessel off Tobago makes its way back to Venezuela
Illicit oil shipped from Venezuela at the end of last month is making its way back home albeit in the…
Read More » -
Scorpio Tankers signs up for emulsion bunker fuel systems across entire fleet
FOWE Eco Solutions has entered into a memorandum of understanding with New York-listed shipping giant Scorpio Tankers to license FOWE’s…
Read More » -
Ardmore replaces oldest MR with younger model
Ireland-based tanker firm Ardmore Shipping has initiated a fleet renewal with the disposal of its oldest MR, while bringing in…
Read More » -
Magni Partners orders two more VLCCs from New Times
Tor Olav Trøim’s private investment vehicle Magni Partners has doubled its VLCCs order from China-based New Times Shipbuilding with two…
Read More » -
Mystery behind Tobago spill partially resolved
The mystery behind last week’s big oil spill off Tobago has been partially resolved. Analysis by Bellingcat, a Netherlands-based investigative…
Read More » -
Scorpio Tankers buying back four more ships
New York-listed Scorpio Tankers is continuing to release its fleet out of sale-and-leaseback debt with four more ship repurchases. The…
Read More » -
Volatility in shipping hits extreme levels
An industry known for its volatility has entered a new period of extreme swings in earnings. New research carried out…
Read More »