Tankers News - Oil, Chemical and Products Tanker Shipping Industry Updates

Tankers

Senior personnel at Vroon make for the door

February 20th, 20190 The exodus of senior personnel at restructuring Dutch shipping giant Vroon is accelerating. Company secretary Jo Goossens resigned two weeks ago, and now Splash...

Tankers

Three ships sold by d’Amico this week

February 20th, 20190 Rome-based d’Amico Società di Navigazione group has sold three ships this week. Shipping arm d’Amico International Shipping announced the sale of 2009-built...

Tankers

BULL charges ahead with tanker buys

February 20th, 20190 Fleet expansion at Buana Lintas Lautan (BULL), previously known as Buana Listya Tama, has kicked off this year, with the Indonesian outfit quietly adding two ships under...

Tankers

Interorient Marine Services fined for illegally dumping waste

February 20th, 20190 Cyprus-based ship manager Interorient Marine Services has been fined $2m by a US district Court in Like Charles after the company pleaded guilty to a felony charge of...

Tankers

Two dead after tanker hit by fire at Bangladesh shipbreaking yard

February 19th, 20190 A fire broke out onboard an oil tanker beached at the Shagorika Ship Breaking Yard in Bangladesh, resulting in the death of two workers. The fire started from the...

Tankers

Ruben Brothers offer for RBD Armatori sees fleet auction cancelled

February 18th, 20190 With an offer on the table from Ruben Brothers investment fund, the planned auction of RBD Armatori’s shipping assets has been cancelled by the local Court of Torre...

Tankers

Tanker owners risk being elbowed out of Korea’s top yards as huge LNG order hoves into view

February 18th, 20194 Tanker owners have been advised to get their orders in fast at South Korea’s blue chip yards before available slots dry up. In its latest weekly report brokers...

Tankers

MOL Chemical Tankers takes a 20% stake in Den Hartogh

February 18th, 20190 MOL Chemical Tankers, part of Japanese shipping major Mitsui OSK Lines, has acquired a 20% stake in Rotterdam-based Den Hartogh Holding in the latest expansionist move...

Tankers

Valles back in Japan for an aframax

February 18th, 20190 Hong Kong’s Valles Steamship run by the Koo family has gone to Japan for its latest order. Brokers report that the 102-year-old company has ordered a single 112,000...

Tankers

TEN confirms suezmax order for long-term charters

February 18th, 20190 Nikolas Tsakos led TEN has entered into contract for the construction of two suezmax tankers, which upon delivery will enter into long-term charter contracts with a...

Tankers

VLCCs predicted to be out of favour transporting fuel oil post-sulphur cap

February 15th, 20190 Fuel oil in the sulphur cap era will increasingly move away from VLCCs, according to the latest weekly report from Alphatanker, part of AXS Marine, while in the run up...

Tankers

Are VLCCs set to be 2019’s star performer?

February 14th, 20192 The start of 2019 kicked off with a flurry of very optimistic analyst reports on the prospects for VLCCs. After a dire couple of years many tipped this sector to see the...

Tankers

Weekly Broker: Dry bulk market spooked into inaction

February 14th, 20190 The Chinese New Year holidays together with the already negative sentiment prevailing across the market resulted in further pressure for the dry bulk market last week,...

Tankers

Nordic Hamburg bags another tanker

February 13th, 20190 Nordic Hamburg continues to add tankers. The German owner has put down $11.5m for Reederei NSB’s 11-year-old, 38,000 dwt tanker, in a bank driven sale. This is the...

Tankers

Nordic American Tankers secures $306m refinancing

February 13th, 20190 Nordic American Tankers (NAT) has entered into a five-year $306m senior secured credit agreement arranged by CSG Investments, and funded by Beal Bank of Dallas. The...

Tankers

Japanese head to NACKS for VLCCs

February 12th, 20190 Japanese trading house Mitsui and compatriot shipping line Iino Kaiun Kaisha have managed to negotiate early delivery slots at a Sino-Japanese yard for three...

Tankers

Hellenic Tankers pockets $5.6m from swift VLCC asset play

February 12th, 20190 Andreas Hadjiyiannis-led Hellenic Tankers has concluded a deal with Thailand’s Nathalin Group in what will be one of the most profitable and quickest asset plays done...

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Splash Dash

Pressure grows on Brussels to repeal liner block exemption regulation
A host of transport-related associations have joined forces to urge the European Commission to... Feb 20th, 2019 inContainers
PIL’s 15-year presence on the Asia-Europe trades comes to an end
Singapore’s Pacific International Lines (PIL) will exit the Asia – North Europe tradelane in... Feb 20th, 2019 inContainers
Vale selling last three ships in owned fleet
Brazilian miner Vale is clearing out its owned fleet by selling off its last three... Feb 20th, 2019 inDry Cargo
Liners more digitally mature than their aviation peers
Maritime is often lambasted for being behind the digital curve but a new benchmarking study shows... Feb 20th, 2019 inTech
Qatar confirms intention to order up to 60 LNG carriers
The head of Qatar Petroleum (QP) yesterday confirmed speculation that the Middle Eastern nation... Feb 19th, 2019 inGas

EMGS secures survey project in Southeast Asia

Pressure grows on Brussels to repeal liner block exemption regulation

Euronav quits products, sells last non-core asset from Gener8 takeover

Senior personnel at Vroon make for the door

Canada and US shipping associations join efforts to protect the Salish Sea

Vale selling last three ships in owned fleet

Keppel finds sale and leaseback solution to deliver Mexican jackup

McDermott awarded major contracts in Malaysia

Qatar confirms intention to order up to 60 LNG carriers

Bahri clarifies position on Venezuela-bound tanker

Shelf Drilling secures jackup extension from Chevron

Data is the new container: DP World

Manila seeks to fix empty container congestion issue

PIL’s 15-year presence on the Asia-Europe trades comes to an end

Sembcorp Marine to shut local yard by the end of this year

Keppel finds sale and leaseback solution to deliver Mexican jackup

Zhejiang Seaport Group buys into Shanghai container terminal operator

Wan Hai gives up options on four boxships

China extends import restrictions on Australian coal

Valles back in Japan for an aframax

Euronav quits products, sells last non-core asset from Gener8 takeover