December 13th, 20190Lobby group SEA\LNG has released the results of its latest investment study, which makes the case for LNG as a “compelling investment solution” for VLCCs on the...
December 13th, 20190Tanker commercial management firm Concord Maritime, launched in April 2018 by Ben Ognibene, has moved into shipowning with the acquisition of 2007-built (Samsung)...
December 12th, 20190October marked the first month in which the US exported more crude oil by sea than it imported, with exports reaching a new record of 12.95m tonnes, according to data...
December 12th, 20190UK-based shipmanagement and services giant V.Group has taken full control of Dania Ship Management, after acquiring a 60% stake from its joint venture partner, MOL...
December 12th, 20190The 50th week of 2019 has proven a surprising buying banquet for shipowners with a huge volume of ships changing hands. The fact is rates are holding up better than many...
December 11th, 20190Taiwanese tanker owner Winson Shipping is said to have acquired the 2000-built 47,000 dwt MR2 tanker from Hong Kong's Vision Shipping. According to shipbroking house...
December 10th, 20190Greek owner John Angelicoussis has returned to South Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) to order three more vessels. Maran Gas Maritime,...
December 10th, 20190Turkish outfit Advantage Tankers has emerged as the taker of two 10-year -old VLCCs from China VLCC, adding the New Medal and New Globe in a $76m deal, brokers tell...
December 9th, 20190Malaysian-owned AET has been awarded long-term contracts by Shell’s Brazil Shipping I Limited for three suezmax shuttle tankers. AET will own and operate the...
December 6th, 20190BIMCO’s chief shipping analyst Peter Sand remains cautious despite the recent sensational highs. Stakeholders have long been talking about a demand boost from the...
December 5th, 20190Bahri Chemicals has joined with Cargill and Maersk Tankers, and from January 2020 will enter its four vessels into the Cargill Maersk Tankers joint MR pool. The Bahri...
December 4th, 20196The piracy situation in West Africa has descended to new lows with a VLCC raided by armed men yesterday and 19 crew kidnapped. The attack on the Anglo-Eastern-managed ...
December 3rd, 20190Norway’s Odfjell and Navig8 Chemical Tankers (N8CTI) have reached an agreement that will see Navig8 add four stainless steel chemical tankers into Odfjell's...
December 2nd, 20190The past week saw freight rates for both clean and dirty handy tankers in the Black Sea and Mediterranean surge to record levels, according to brokers...
December 2nd, 20190Weak demo rates have seen a vintage VLCC that had been primed for scrapping find an alternative way to see out its last years. The 20-year-old DSME-built , belonging...
November 28th, 20190US chemical and product tanker player MT Maritime Management has emerged as the taker of a couple of ageing 2004-built MR sales concluded at the end of the month. The...
November 28th, 20190Many chemical tankers calling the US Gulf will need to make alternative plans after a huge fire ripped through a Texas petrochemical plant early Wednesday...