Tankers
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Ammonia-ready option ups VLCC newbuild price tag by $22m
Additional costs to enables very large crude carrier (VLCC) to run on LNG rather than conventional fuel are about $20m,…
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Euronav gains $18m upon redelivery of four sale and leaseback VLCCs
Belgian tanker giant Euronav has revealed that upon the redelivery of four VLCCs, which occurs at the maturity of a…
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Changes at the top at Stolt-Nielsen
Niels Stolt-Nielsen (pictured) has informed the board of Stolt-Nielsen of his wish to step down from his role as CEO.…
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Munthe to retire as co-CEO of DHT
Trygve P. Munthe has decided to step down from his position as co-chief executive officer of DHT Holdings and retire…
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Top Ships’ newbuildings fully funded with series of new deals
Top Ships has secured several new deals to fund its recently delivered very large crude carrier (VLCC) and the remaining…
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Hafnia swoops for Scorpio’s LR1 fleet
BW Group-controlled Hafnia has confirmed today in a release to the Oslo Bors that it is in advanced negotiations with…
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VLCCs skirt with all-time lows
The miserable start of the year for many big ship types such as capes and VLCCs could set records today.…
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Fredriksen brings back Jensen
Jens Martin Jensen is set to rejoin shipping magnate John Fredriksen six years after he left the group, where he…
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Tonga eruption sparks tanker spill in far-off Peru
A suezmax oil tanker discharging crude on Saturday in Ventanilla, north of Lima, spilled oil into the ocean when high…
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Maersk Tankers to establish decarbonisation hub
Denmark’s Maersk Tankers is set to launch a knowledge hub that aims to bring experts, shipowners, cargo customers, and other…
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Norden renews product tanker fleet as it cashes in on high bulker values
Norden said it made a number of asset trades during the fourth quarter of last year, capitalising on the strong…
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2023 set for lowest tanker deliveries this century
Hard pressed tanker owners, going through one of the worst earnings periods this century, can take some solace when looking…
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Concordia Maritime offloads P-MAX tanker
Sweden’s Concordia Maritime has sold 2007-built post-panamax (P-MAX) product tanker , as part of a plan previously agreed with its…
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Rystad forecasts steady growth for shuttle tankers
Shuttle tanker market is set to rise steadily in the coming years in countries with robust offshore oil production and…
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Tankers International rolls out carbon offset offering for VLCCs
VLCC pool operator Tankers International has partnered with Hartree Partners’ subsidiary Vertree to launch what it calls a climate compensation…
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Maritime tech in 2022
Kicking off our maritime tech forecast Manish Singh, CEO of Ocean Technologies Group, neatly sums up likely developments in 2022.…
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Wilhelmsen Ship Management takes 80% stake in Ahrenkiel Tankers
Singapore-headquartered Wilhelmsen Ship Management (WSM) has taken over the management of five tankers after sealing a deal to take an…
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Lenders to take control of Vroon
Ownership of Vroon will change hands after the ailing Dutch shipowner reached a refinancing agreement with its lenders. The substantial…
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George Economou bolsters his VLCC fleet
Economou Group tanker outfit TMS Tanker has snapped up a troubled VLCC from Lebanese shipowner Ghassan Ghandou’s Hermes Marine Management.…
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Unipec retains tanker chartering stranglehold
China’s Unipec retains a firm grip in terms of global dirty spot chartering, according to annual figures compiled by New…
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