Tankers

Torm orders LR2 tanker pair at GSI

January 24th, 20200 Danish product tanker giant Torm has returned to China’s Guangzhou Shipyard International to order a pair of scrubber-fitted LR2 newbuildings. The vessels will be...

Weekly Broker: Boxship sales return

January 23rd, 20200 The sale and purchase market was again dominated by tanker sales this past week, while there was also a noticeable pick up in boxship deals on the back of the current...

Chembulk Tankers appoints new CEO

January 23rd, 20200 Southport-headquartered chemical tanker owner Chembulk Tankers has appointed Bart Kellehern as its new CEO, replacing David Ellis who has resigned for personal...

VLCC rates tumble 40% in a week

January 16th, 20200 Spot rates for the notoriously volatile VLCC sector have tumbled by more than 40% since last Friday, with many analysts warning that the six-digit highs experienced over...
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