Tankers
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Torm buys Okeanis LR2 trio
Denmark’s Torm is buying three 2015-built scrubber-fitted LR2 tankers Nissos Schinoussa, Nissos Heraclea and Nissos Therassia from Okeanis Eco Tankers…
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Demonstration shows ease of methanol bunkering by barge
Waterfront Shipping, a wholly-owned subsidiary of Methanex Corporation, has demonstrated the ease of barge-to-ship bunkering as part of the launch…
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Jones Act waiver may be required to ship petroleum products after Colonial Pipeline cyberattack
The US Department of Transportation (USDOT) said in a release yesterday that the government is considering a “temporary and targeted…
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Product tanker demo on course to crack 11-year record
International shipping association BIMCO has said that if the oil product tanker demolition continues at the current pace it will…
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Prolonged US pipeline closure the wildcard for product tanker owners
After a weekend of outages, the Colonial Pipeline operator said on Monday it expects to “substantially restore operational service” by…
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Castor Maritime seals fresh funds to support growth plans
Nasdaq-listed Greek owner Castor Maritime looks set to continue its rapid fleet expansion after securing an $18m senior term loan…
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Shipping investor Hayfin invests across the main sectors
Last year Hayfin Capital Management expanded with a new Singapore office but had zero ship deals to its name. This…
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MR tankers likely to gain from US pipeline cyber attack
Product tanker owners are set to gain from a cyber attack on one of the US’s largest pipelines. The Colonial…
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Three finalists in the running to take over Shipping Corp of India
Three bidders have been finalised for the sale of the government’s 63.75% stake in Shipping Corporation of India (SCI). The…
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Lightering of rammed suezmax off Qingdao almost completed
Attempts to unload the cargo from an NGM Energy-owned suezmax tanker that leaked oil into the Yellow Sea near the…
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Castor Maritime takes fleet to 23 with en bloc acquisition of five tankers
Nasdaq-listed Greek owner Castor Maritime has made another big move in the secondhand market with a $49.25m deal to acquire…
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Ace contracts Dae Sun for up to eight chemical tankers
South Korean yard Dae Sun Shipbuilding has won contracts from Ace Tankers for four firm 33,000 dwt stainless steel chemical…
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Castor Maritime linked to $98m secondhand splurge
Nasdaq-listed Greek owner Castor Maritime, having already tripled its fleet this year, is being linked by brokers Advanced Shipping &…
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DHT offloads vintage VLCC trio
For weeks sales chatter has surrounded a trio of vintage VLCCs owned by DHT Tankers. About three weeks ago the…
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Carl Büttner: 165 not out
The Carl Büttner shipping company celebrated its 165th anniversary in March with a subtle rebrand, fresh from taking on its…
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BW Group: Andreas Sohmen-Pao on the characteristics tomorrow’s shipowner must possess
With the accelerating pace of change, businesses have a lot of things to consider. Few have been so proactive to…
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Chinese crews start clean-up of reported 500-tonne oil spill off Qingdao
Clean-up operations are underway to contain an oil spill in the Yellow Sea near the Chinese port city of Qingdao,…
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Oil pouring into seas off Qingdao as bulker rams suezmax
An NGM Energy-owned suezmax tanker A Symphony has sustained damage off the Chinese port of Quigdao, causing it to spill…
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d’Amico: The challenge of decarbonisation
Paolo d’Amico, chief executive officer of d’Amico International Shipping and d’Amico Società di Navigazione group, has no doubt what is…
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Socar takes Okeanis LR2 trio
Azerbaijani energy concern Socar has had an active 2021, sealing many ship deals. The latest involves the $120m en bloc…
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