Tankers
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Indonesia seizes two tankers conducting Iranian oil transfer
Indonesia’s coast guard arrested the Iranian-flagged Horse and the Panamanian-flagged Freya tankers on Sunday over suspected illegal fuel transfers. The…
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DHT swoops for Awilco VLCC pair
New York-listed VLCC tanker owner DHT Holdings has announced the acquisition of two 2016-built (DSME) VLCCs for a total price…
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Weekly Broker: Bulk volatility is back
The secondhand dry bulk S&P market has seen a plethora of deals completed in the past week with interest across…
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Greece’s Avin International orders landmark ammonia-ready suezmax series
Greece’s Avin International has ordered the first ammonia fuel ready vessel in the world. The suezmax tanker has been ordered…
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CNOOC orders product tanker at Dajin Heavy
Shanghai Bestway Marine Engineering Design subsidiary yard Dajin Heavy Industry has secured an order from a unit of CNOOC for…
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Teekay sends FPSO to scrap
Teekay has awarded a contract to Modern American Recycling Services (M.A.R.S.) Europe for the dismantling and recycling of its 1997-built …
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Nordic Shipholding sells handysize tanker
Danish owner Nordic Shipholding has entered into a sale and purchase memorandum of agreement to sell its 2007-built 38,400 dwt…
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Dire start to the year for crude tankers
Crude tankers have started 2021 in terrible fashion with no traditional winter warm-up in rates. New York-based tanker broker Poten…
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Dingheng Shipping orders six chemical tankers at Wuhu Shipyard
Chinese tanker operator Dingheng Shipping has placed an order at Wuhu Shipyard for the construction of six chemical tankers. The…
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Ship demo rates close in on the $500 mark for the first time since 2014
Ship demo rates are roaring ahead with the $500 per ldt mark on course to be broached for the first…
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Weekly Broker: Cape rally leads the markets
The dry bulk S&P market has had a positive start of the year with plenty of transactions taking place across…
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Shipowner consolidation 2021: Pools in the limelight
Splash’s market outlook series today looks at how shipowners will coalesce in 2021. Will shipowning consolidation continue at the brisk…
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Eastern Mediterranean takes three resale tankers from Top Ships
Greek owner Martinos Thanasis-led Eastern Mediterranean Maritime has acquired three resale MR tankers, currently under construction at Hyundai Mipo, from…
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Scorpio Tankers banks $32m from sale and leaseback of four ships
Monaco-headquartered Scorpio Tankers has sealed a sale and leaseback deal for four vessels with China’s AVIC International. Scorpio will be…
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Tufton Oceanic grows fleet to 20 with chemical tanker buy
Tufton Oceanic Assets has grown its fleet to 20 ships with the acquisition of a stainless steel chemical tanker for…
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Hubei Sanlian Logistics orders six chemical tankers
Hubei Sanlian Logistics has announced a plan to order a total of six 5,000 dwt chemical tankers. The total investment…
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Unipec tops dirty spot chartering league, Trafigura leaps seven places
Poten & Partners has tallied the numbers for dirty spot charters last year with a familiar name at the top…
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Energyfund Sweden cuts its tanker exposure
Energyfund Sweden and Ridgebury Tankers have sold their jointly held suezmax tanker to India’s Seven Islands Shipping. No price was…
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Investment firm controlled by Peter Georgiopoulos and Leonidas Vrondissi to acquire UACC
United Overseas Group (UOG), an investment firm controlled by Peter Georgiopoulos and Leonidas Vrondissi, is acquiring Dubai-based United Arab Chemical…
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Continental Bitumen orders asphalt carrier pair at Wuhu Shipyard
China’s Wuhu Shipyard has secured an order from European company Continental Bitumen for the construction of two 21,500 dwt asphalt…
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