Tankers
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Nanjing Tankers orders four product tankers at GSI
Nanjing Tanker, a tanker unit of China Merchants Group, has placed an order at Guangzhou Shipyard International (GSI) for the…
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Stolt tanker remains in hot water in Korea
Seventeen months on from a very high profile explosion in the southeast of South Korea and the ship in question…
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Weekly Broker: Dry bulk spending up by 151% in February
A general firming in charter rates across the bulker sector has led to positivity across the markets. Supramax rates skyrocketed…
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Splash Extra: The coming supercycle?
Mentions of supercycles in the media have leapt by 400% over the past month as commodity prices have jumped. Speculation…
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Hunter Group offloads VLCC
Norwegian VLCC pureplay owner Hunter Group has signed an agreement to sell its 2019-built VLCC to an undisclosed Eurasian buyer…
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Euronav inks VLCC sale and leaseback deal
Belgian tanker owner Euronav has entered into a sale and leaseback agreement for its 2009-built VLCC with Taiping & Sinopec…
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Crude tanker sales sealed
Interest in tanker tonnage is picking up with buyer appetite concentrating on crude. Active sales discussions over the part fortnight…
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Champion Technology sells its only tanker
Hong Kong-listed Champion Technology, an investment holding company principally engaged in the trading of gasoil, has sold the only tanker…
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GNMTC bags FSL LR2 resales
Brokers note that Libya-based tanker specialist, General National Maritime Transport Company (GNMTC), is behind the acquisition of First Ship Lease…
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Seven Islands Shipping files for Mumbai IPO
Indian tanker player Seven Islands Shipping is looking to raise INR6bn ($82.3m) from an initial public offering (IPO) in Mumbai.…
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Great Eastern linked to bid for Shipping Corporation of India
Local media is reporting that Indian owner Great Eastern Shipping is like to submit a bid to acquire government-owned Shipping…
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Stena Bulk: New look tankers
Across the various divisions at Stena exciting transformations are underway. Witness plans to become the world’s first decarbonisation exploration driller…
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Merchant fleet hits 100,000-ship milestone
This month the global merchant fleet of vessels above 100 gt has reached the 100,000-ship milestone for the first time,…
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Italian shipowner arrested over hit and run trawler incident off Sicily
The Italian shipowner Raffaele Brullo, head and founder of the Augusta Due shipping company, has been placed under house arrest…
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2006-built aframax sent for scrap following engine fire
The owners of an aframax that suffered an engine room fire in December have decided the comparatively youthful tanker is…
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Castor Maritime enters tanker sector with double aframax buy
Nasdaq-listed Greek owner Castor Maritime has entered the tanker sector with the acquisition of two 2005-built Korean aframax tankers for…
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LR1s and MR1s becoming ‘niche’ tankers
LR1 tankers, which range in size from 60,000 to 84,999 dwt, and MR1s (34,000 to 40,999 dwt) are fading away.…
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The permutations for shipping of a muted Chinese New Year
The world’s largest human mass migration is a muted affair this year, something that has significant ramifications across many strands…
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What’s in store in the Year of the Ox?
The Lunar New Year is upon us. Something to look forward to, or should we just be relieved the old…
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RightShip debuts new Safety Score
Shipping risk management organisation RightShip debuted its new Safety Score and Platform yesterday. RightShip’s old Qi platform has been made…
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