Tankers
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Zenith Capital seals two new maritime investments
New York-based Zenith Capital Partners has revealed it has recently completed two new investments in the maritime and energy sectors.…
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Thai Oil identified as buyer of International Seaways VLCC pair
Thai Oil, a subsidiary of Thailand’s energy major PTT Group, has been identified by brokers as the buyer of two…
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ADS Crude Carriers down to last vessel after VLCC sale
Oslo-listed ADS Crude Carriers has entered into a memorandum of agreement to sell its 2002-built VLCC . The Japanese-built vessel…
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Great Eastern Shipping buys LR2 product tanker from NYK Line
India’s Great Eastern Shipping Company has announced that it has signed contracts to buy a 2012-built LR2 product tanker. Great…
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Asahi Tanker confirms orders for electric-powered bunker tankers
Japanese owner Asahi Tanker has confirmed orders at two local yards to build the world’s first two zero-emissions electric bunker…
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Aframax mine blast off Yemen puts shipping on alert
Shipping has been put on alert to be highly vigilant when transiting the Gulf of Aden with news of an…
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Murmansk Shipping Company declared bankrupt
Murmansk Shipping Company has been officially declared bankrupt by a local arbitration court in Russia this week, bringing to a…
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New management steps in at Giuseppe Bottiglieri Shipping Company
Giuseppe Bottiglieri Shipping Company has announced that Alessandro Ranzoli, Adamo Ceriani and Adriano Bianchi have been appointed new managers of…
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Tepid launch for Sovcomflot’s long-awaited IPO
Sovcomflot, Russia’s top shipping line, had a tepid launch yesterday on the Moscow Stock Exchange. The company’s shares fell after…
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Weekly Broker: Capes top interest
With capes trading in excess of $30,000 a day all week, there’s been a corresponding uptick in interest to acquire…
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Top charterers agree to publish shipping emissions data
Some of the biggest names in chartering have vowed to make the details of their shipping carbon footprint public in…
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Robert Macleod steps down as CEO at Frontline
Robert Hvide Macleod, one of the best known names in the tanker business, is stepping down as CEO at John…
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Ibaizabal Tankers joins Navig8 Suez8 pool
Spanish shipowner Ibaizabal Tankers has become the latest company to join Navig8’s Suez8 pool, entering one of its suezmax tankers.…
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Tufton Oceanic Assets grows fleet to 18 with addition of product tanker pair
Tufton Oceanic Assets has acquired two product tankers for a total of $23m, taking its fleet to eighteen vessels. VesselsValue…
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VLCC sales dominate
Tanker prices are dropping and bargains are proving tempting for many. Vintage VLCCs are still hot sales candidates and semi-modern…
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Euronav profits from suezmax sale to Seven Islands Shipping
Belgian tanker owning giant Euronav has announced the sale of 2005-built suezmax tanker . The tanker was sold for $20.5m,…
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Dee4 taps Japan for next tranche of financing
Carsten Mortensen-led Dee4 has fixed loans with Japan’s Mizuho Marubeni Leasing (MML) Corporation to finance up to three further vessels.…
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Burnt New Diamond leaves Sri Lanka and heads to the UAE
Sri Lanka has allowed the burnt VLCC to leave the country and head to the Khorfakkan in the United Arab…
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Weekly Broker: Busy days running up to Chinese holidays
It has been a busy time for secondhand purchases ahead of China taking the next few days off for its…
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Greeks back in Korea for tanker orders
Greek owners are back in South Korea with tanker orders. Hyundai Heavy Industries has won orders for four 300,000 dwt…
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