Tankers
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Euronav sells its oldest ship
Belgian tanker giant Euronav has sold its oldest ship, the 2002-built suezmax for $16.3m, the company revealed today. A capital…
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Sovcomflot seals Sakhalin-2 charters for LNG-fuelled aframax pair
Russia’s Sovcomflot and Sakhalin Energy, the operator of the Sakhalin-2 project, have signed long-term charters for LNG-fuelled tankers Korolev Prospect…
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Host of new Chinese names in rush for vintage VLCCs
A string of speculative small Chinese owners is emerging as takers of vintage VLCCs sold in the last couple of…
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Energifonden Maritime swoops for LR2 tanker
Sweden’s Energifonden Maritime has recently taken delivery of an LR2 aframax vessel. The vessel has been renamed . The takeover…
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D’Amico gets into biofuels
D’Amico is stepping up its decarbonisation game to test biofuel blends on board its LR1 product tankers. For the purpose…
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Stena Bulk charters in pair of newbuild MR tankers
Swedish shipowner Stena Bulk is taking two scrubber-fitted newbuild MR tankers on a long-term time charter from Japanese partners. The…
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Sanctions-busting tankers set for the scrapheap
Vintage ships moving sanctioned oil cargoes could head to be broken up as the Biden administration in the US looks…
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Søren Skou and Jan Dieleman stress urgent need for a carbon tax
The World Economic Forum held a high-level debate on shipping’s decarbonisation yesterday featuring Soren Skou, CEO of AP Moller Maersk,…
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Three missing after Japanese roro sinks off Ehime coast
Japanese roro vessel sank early Friday after colliding with Korean chemical tanker Ulsan Pioneer off Ehime Prefecture, western Japan. Three…
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Splash Extra: The next decade of African maritime development
Asia has driven port development growth for most of this century. Is it now Africa’s turn? The May issue of…
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Splash Extra: Yards behind the steel price curve
Shipyards have failed to keep up with rapidly rising steel prices, which is likely to see newbuild prices jump in…
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Signal Maritime launches MR pool
Commercial shipmanager Signal Maritime is expanding its services and launching a new pool for MR product tankers. The move follows…
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Lims fight to save cash transferred from Ocean Tankers
Lim Oon Kuin, the founder of bust Singapore oil trader Hin Leong Trading, is appealing a court order to return…
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Hengyi Petrochemical in for up to eight MRs at GSI Nansha
China’s chemical fibre products manufacturer Hengyi Petrochemical has ordered up to eight MR tankers at GSI Nansha in southern China.…
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Volume of ship orders at highest levels seen since 2014
Ship orders in the year to date are at the highest volumes seen since 2014 despite many owners having severe…
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Swiss tanker to be released after being held in Nigeria for more than three years
The Nigerian government has agreed to release the Swiss-flagged tanker that was seized in January 2018. The San Padre Pio…
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McAsphalt orders bitumen carrier at Wuhu Shipyard
China’s Wuhu Shipyard has secured an order from Canada’s McAsphalt Marine Transportation for the construcion of one 11,700 cu m…
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Essberger signs for four chemical tankers
The John T. Essberger Group has signed final agreements with China Merchants Jinling Shipyard Dingheng to build four 6,600 dwt…
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Frontline pays $566m for six HHI resale VLCCs
John Fredriksen’s Frontline has acquired six Central Mare VLCC tankers, currently under construction at Hyundai Heavy Industries (HHI). The company…
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ITF forecasts worldwide transport activity to more than double by 2050
The OECD’s International Transport Forum (ITF) has published its Transport Outlook 2021. The think tank’s report on transport policy was…
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