Tankers
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Castor Maritime adds another aframax
Nasdaq-listed Greek owner Castor Maritime has acquired a 2005 Korean-built aframax tanker for $14.8m. The acquisition takes Castor’s fleet of…
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TEN seals long-term charters for LR1 tanker quartet
Greek owner Tsakos Energy Navigation (TEN) has sealed 24-month charters to an unnamed oil concern for four LR1 product tankers.…
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Total and CNOOC ready for Ugandan crude exports via pipeline to Tanzania
Aframaxes are set to haul crude from landlocked Uganda following news of a major pipeline construction across East Africa. France’s…
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Maersk Tankers offloads LR2 sextet to ADNOC
Denmark’s Maersk Tankers has sold six new LR2 product tankers to ADNOC Logistics & Services (ADNOC L&S), the shipping and…
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Navios Acquisition gets up to $100m loan from Angeliki Frangou-linked firm
New York-listed tanker owner and operator Navios Maritime Acquisition has secured an up to $100m loan from a subsidiary of…
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ADNOC boosts fleet with VLCC pair
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), has…
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Houthis claim attacks on Saudi Aramco facilities
Houthis from Yemen claimed to have launched drone strikes against Saudi Arabian energy major Aramco’s facilities in the coastal cities…
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Government report suggests Russian crude output peaked in 2019
A draft document from the Russian Energy Ministry has been the subject of considerable comment in recent days with strong…
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Euronav seals $95m green financing deal
Belgian tanker giant Euronav has inked a deal for a €80m ($95m) unsecured sustainability linked revolving credit facility, taking its…
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Shipping celebrates best Q1 since 2008
Shipping has enjoyed its best Q1 since before the global financial crisis, with the second quarter on track to post…
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Greek shipping magnate John Angelicoussis passes away
John Angelicoussis, Greece’s largest shipowner in dwt terms, died on Saturday at a hospital in Athens, 20 days after suffering…
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Sri Lanka files $17.38m claim against Greek owner of New Diamond VLCC
Sri Lanka on Friday filed a claim for $17.38m with the Greek owner of a VLCC that caught fire and…
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European shortsea fleet in urgent need of replacement
Hamburg shipbrokers Toepfer Transport have started issuing regular European shortsea reports. Among key takeaways from the first 14-page report, published…
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Stena Bulk sets 2050 net zero target
Swedish shipowner Stena Bulk has rolled out a set of five dated decarbonisation targets aiming to become a net zero…
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Eastern Pacific behind OSG product tanker deal
Idan Ofer’s Eastern Pacific Shipping has added another vessel to its fleet with the acquisition of Overseas Shipholding Group’s 2019-built…
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Iran frees Korean chemical tanker
Iran has finally released the , a South Korean tanker and its captain today. The ship had been detained since…
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Oil tanker and bulk carrier collide off Cavite City
An oil tanker and dry bulk ship collided in waters off Cavite City, the Philippine Coast Guard (PCG) said Thursday.…
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Stolt Tankers trials biofuel on Atlantic crossing
Stolt-Nielsen subsidiary Stolt Tankers is teaming up with alternative fuels pioneer GoodFuels to test the use of marine biofuel. The…
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Tankers: Calling the rebound
After a year of extremes, how, where and when a recovery materialises are the questions that preoccupy owners, writes Tim…
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MOL’s new boss outlines priorities
Mitsui OSK Lines’s (MOL) new boss, Takeshi Hashimoto, has outlined his priorities for the coming decade on assuming the presidency…
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