Tankers

K Line top management take pay cut

May 22nd, 20190 With a new CEO in charge and a displeased investor base, top management at Kawasaki Kisen Kaisha (K Line) today revealed they will take a six-month 10% pay cut,...

Navios takes Imabari VLCC option

May 22nd, 20190 Angeliki Frangou’s Navios has signed for an optional VLCC at Japan’s top shipyard, Imabari Shipbuilding. Brokers Intermodal report that the tanker will deliver in...

Brightoil VLCC sold at auction

May 21st, 20190 The High Court of Hong Kong has sold the 2013-built VLCC in an auction yesterday. Shipbroking sources told Splash that the vessel was bought by a special purpose...

BULL charges for more aframaxes

May 21st, 20190 A month after announcing it was raising $84m for new ships, 20-ship strong Indonesian tanker owner Buana Lintas Lautan (BULL) shows up as the taker of two more ships,...
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