Tankers
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Team Tankers to delist
Team Tankers International is convening a special general meeting of shareholders on July 13 to push ahead with plans to…
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Perenco closes in on asset play for its only VLCC
French oil and gas player Perenco is attempting a giant asset play, a rare move by the vintage tanker specialist.…
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Wah Kwong takes next step in shipmanagement drive with Shenzhen office opening
Wah Kwong, a bluechip name in Hong Kong shipowning circles, today takes another stride in its business strategy to serve…
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Weekly Broker: Activity picks up
The secondhand dry bulk sale and purchase market has seen a pickup of activities in the past week with improved…
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Oman Shipping inks $35m green financing deal with Standard Chartered
Oman Shipping Company, part of Asyard Group, has entered into a $35m sustainable financing deal with Standard Chartered Bank. According…
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Fidelity Investments acquires 10% stake in DHT Holdings
US investment giant Fidelity Investments has acquired a stake of around 10.15% in New York-listed tanker operator DHT Holdings. According…
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Stena Bulk introduces new eco tanker design
Swedish owner Stena Bulk has introduced the prototype of a next generation product and chemical tanker, the IMOFlexMAX, which is…
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Premuda expands fleet with MR1 tanker charter
Pillarstone controlled Premuda has expanded its operating fleet with the addition of a handysize tanker via the charter market. Marco…
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Nan Lian Shipmanagement snaps up Mercator MR tanker at auction
Indian owner Mercator has sold its 2000-built 47,000 dwt MR tanker via an auction as part of a sell off…
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International Andromeda Shipping orders MR tanker pair at Hyundai Mipo
Monaco-based International Andromeda Shipping has inked an order with Hyundai Mipo shipyard for two plus one MR tankers, sources tell…
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Weekly Broker: Keep an eye on asset values
The dry bulk vessel sale and purchase market has seen another week of subdued activities. Investors still lack confidence despite…
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OSM takes on management of Kristian Gerhard Jebsen Skipsrederi fleet
Norway’s OSM Maritime (OSM) has reached an agreement to take over the management responsibility for 37 vessels currently operated by…
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Nanjing Tanker orders chemical tanker at Taizhou Maple Leaf Shipbuilding
Nanjing Tanker, a tanker unit of China Merchants, has placed an order at domestic yard Taishou Maple Leaf Shipbuilding for…
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Ridgebury quits the VLCC trades
Bob Burke-led Ridgebury Tankers has exited the VLCC trades with multiple broking houses reporting the sale of the company’s last…
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US blacklists four Greek tankers for involvement in oil trade with Venezuela
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has blacklisted four single vessel companies for alleged…
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Ebbesen brings back the Sokana brand
Lars Ebbesen has resuscitated the Sokana brand, marking the third incarnation of this famous name in chartering, which the Dane…
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MISC appoints former minister as new chairman
Malaysian national shipping company MISC has announced the appointment of Tan Sri Noh Omar as its new chairman, replacing Datuk Ab…
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New Times Shipbuilding secures orders for four suezmax tankers
Chinese private yard New Times Shipbuilding has secured new orders for four 158,000 dwt suezmax tankers from two European owners.…
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Vintage MRs in vogue
Vintage MR tankers remain in vogue with ships commanding healthy profits on the spot market. Confirmed sales are filtering in…
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RightShip scraps ratings system in favour of new safety score
RightShip will scrap its ratings system in favour of a new safety score in the biggest shake-up at the maritime…
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