October 17th, 20190The rarefied, volatile VLCC peak has dropped from record $300,000 a day territory and is close to ducking back under $100,000 in the next 24 hours as charterers...
October 17th, 20190Tanker prices have leapt across the board this week due to the hot chartering market and a shortage of available tonnage on the market. Data from Braemar ACM shows...
October 17th, 20190Bob Burke led Ridgebury Tankers has taken advantage of the current hot market for VLCCs, sealing a deal for 2001-built VLCC trio , and . Brokers are reporting the...
October 15th, 20190Nanjing Tanker, a tanker unit of China Merchants Group, has issued a tender offer for the construction of a 24,000 dwt crude tanker. The participants of the tender...
October 15th, 20190Nicholas G Moundreas’s NGM Energy has acquired 2000-built VLCC from German owner DS Tankers. According to Seasure Shipbroking, the Hitachi-built crude tanker was...
October 14th, 20190One in five VLCCs in operation today face restrictions from US sanctions, according to data from Braemar ACM. Research carried out by the shipbroking house also shows...
October 14th, 20190The , an Iranian suezmax attacked on Friday morning in the Red Sea off Jeddah, has left a trail of oil as it sailed more than 500 miles over the weekend towards Eritrea...
October 14th, 20190Xiamen-based product oil trader and tanker operator Yuhua Energy has received an enforcement order from Xiamen Intermediate People's Court due to a loan dispute with...
October 11th, 20190A fully laden Iranian suezmax belonging to NITC has been hit by two explosions in the Red Sea, while en route to Syria, with vast quantities of crude gushing from its...
October 11th, 20190Shipping just about any type of fuel this week has proven hugely expensive with rates for all tanker types soaring to levels not seen since before Lehman Brothers...
October 11th, 20190Wuhan Maritime Court has listed 4,400 dwt chemical tanker for sale through an online auction scheduled on November 5. The vessel is owned by financially troubled...
October 10th, 20190Nduna Maritime, the shipping unit of South Africa's Mnambithi Group, has entered into a ZAR400m ($26.45m) enterprise and supplier development (ESD) funding agreement...
October 10th, 20190While all eyes were on the booming tanker spot markets this week, which hit decade highs, spare a thought for those in dry bulk who are having to contend with the real...
October 10th, 20190George Economou’s offer to buy out the remaining shares of Nasdaq-listed DryShips has been voted through by shareholders, with the deal now set to complete...
October 10th, 20190Teekay Shuttle Tankers has completed the placement of $125m senior unsecured green bonds due October 2024. The proceeds from the bond issue will be used in accordance...
October 9th, 20190Cargill, Maersk Tankers and Mitsui & Co have established a strategic collaboration to try and identify cost-effective ways for shipping to reduce the amount of...
October 9th, 20190Up to one third of the fleet of Cosco Shipping Tanker (Dalian) have switched off their automatic identification system (AIS) transponders in the wake of Washington...
Tankers
