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Tankers

Gulf Energy Maritime puts its handysize tankers up for sale

October 17th, 20180 Dubai’s Gulf Energy Maritime (GEM) has put three chemical tankers up for sale. The sister ships Gulf Moon, Gulf Mist and Gulf Mews are all zinc coated, 37,000 dwt...

Tankers

Formosa Plastics pushes ahead with fleet clearout

October 17th, 20180 Taiwanese conglomerate Formosa Plastics is having a fleet clearout with a host of different ship types put in the shop window in recent weeks. The company, the...

Tankers

Stena Bulk to equip scrubbers on up to 21 ships

October 16th, 20180 Swedish owner Stena Bulk has signed an agreement with Chinese company Shanghai Bluesoul Environment Technology to install scrubbers on its suezmax and IMOIIMAX fleets...

Tankers

Two Cosco VLCCs join Navig8 VL8 pool

October 15th, 20180 Two VLCCs from Cosco Shipping Energy Transportation (CEST) are set to join the Navig8 VL8 pool. The 2014-built 322,860dwt will be delivered to the pool later this...

Tankers

Golden-Agri Stena forms chemical tanker joint venture with Bay Crest

October 12th, 20180 Golden-Agri Stena, the joint venture between Stena Bulk and Golden Agri-Resources, has started a new joint venture with Bay Crest Management, targeting expansion in...

Tankers

Weekly Broker: Q4 off with a bang

October 11th, 20180 Investors’ wait-and-see approach has finally transformed into action with a strong start in S&P action in the fourth quarter. Activity has been most pronounced in...

Tankers

Bob Burke warns on risks of investors piling into shipping

October 10th, 20180 Delegates attending last week’s by invitation only Maritime CEO Forum were warned by one of the world’s most famous names in tankers to be aware of the risks coming...

Tankers

Seoul extends state aid to more local lines

October 10th, 20181 Fresh from lavishing national flagship HMM with $5.4bn in state funds, newly incorporated Korea Ocean Business Corp has set aside a further $122m for four more local...

Tankers

Morten Arntzen talks up the chemical trades

October 9th, 20180 Chemical tankers were deemed one of the best segments for profit growth by multiple panellists at last week’s Maritime CEO Forum in Hong Kong. Happy with this...

Tankers

Hahn & Co completes SK Shipping takeover

October 9th, 20180 South Korean private equity firm Hahn & Co has completed the buyout of one of the nation’s largest owners, SK Shipping, formerly part of energy conglomerate SK...

Tankers

Frangou to merge two tanker units

October 9th, 20180 Two Angeliki Frangou tanker vehicles are merging. Navios Maritime Acquisition Corporation and Navios Maritime Midstream Partners will join forces in a deal which sees...

Tankers

VLCCs set for negative fleet growth for first time since 2002

October 8th, 20180 VLCCs are set for their first year of negative fleet growth since 2002, offering some hope that the sector might be about to stage a comeback, according to Dr Adam Kent...

Tankers

Jaldhi behind acquisition of MR pair

October 8th, 20180 Jaldhi has been revealed as the buyer of a pair of Japanese MR tankers, sold by JX Ocean last month for a total of $30m. Brokers reported the sale of the two...

Tankers

Maritime CEO Forum: Fragile tanker recovery must be protected

October 5th, 20182 Panellists at this week’s tanker session of the Maritime CEO Forum in Hong Kong stressed the need to protect any imminent recovery in the sector. Featuring a banker...

Tankers

Weekly Broker: Prices jump on renewed chartering optimism

October 4th, 20180 The strong rebound of sale and purchase activity in the previous week did not continue this week, despite the chartering market showing a notable pick up across most...

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Splash Dash

Rosco fleet up for sale again
Chinese owner Rewood Ocean Shipping (Rosco) has listed its entire fleet for sale again, having... Oct 17th, 2018 inDry Cargo
Oltmann makes KG return
A decade since it last dabbled in the KG markets, Germany’s Oltmann Group has launched a new... Oct 17th, 2018 inEurope
V.Group acquires Norddeutsche Reederei H. Schuldt
Shipmanagement giant V.Group continues its growth by acquisition strategy, signing a deal with... Oct 17th, 2018 inOperations
Formosa Plastics pushes ahead with fleet clearout
Taiwanese conglomerate Formosa Plastics is having a fleet clearout with a host of different ship... Oct 17th, 2018 inGreater China
ONE set for singularly awful first year with $600m loss
Carrier consolidation can prove tricky as evidenced today with news of a massive revision of... Oct 16th, 2018 inContainers

Pressure grows on next week’s MEPC in London

More than 80,000 hit by German box leasing Ponzi scheme

Diana Shipping kamsarmax charter extended by Glencore

DeepOcean awarded Australian contract

Seafarer dies after falling from CSL bulker

Seaboard and BBC Chartering seek joint Americas coverage

Ulstein gets in on the Jones Act with Aeolus Energy SOV deal

Intel chips in on Rolls-Royce’s autonomous shipping drive

Pilot in hot water over last year’s most watched shipping accident

Gulf Energy Maritime puts its handysize tankers up for sale

Gulf Marine Services secures liftboat contract

Höegh LNG vessel to leave Egypt

Protests ring out at deadly Gadani

Japanese owners pile in for LPG carriers

Adani and Total partner up to develop LNG terminals

ONE set for singularly awful first year with $600m loss

Rizhao Port sets up logistics jv with Cosco

Rosco fleet up for sale again

Formosa Plastics pushes ahead with fleet clearout

Minsheng Financial Leasing snaps up five PIL boxships

Weekly Broker: Modern bulkers in high demand