Tankers
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JP Morgan snaps up MR tanker pair from Top Ships
JP Morgan Global Maritime, the shipowning unit of US investment bank JP Morgan, has acquired two 2018-built MR tankers from…
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MOL details restructuring measures
Japan’s largest shipping company by fleet size and revenues, Mitsui OSK Lines (MOL), has announced a restructuring today. Effective April…
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Euronav stuns with 57,534% Q4 improvement
For the tanker bulls, the eagerly anticipated Q4 results from Antwerp’s Euronav did not disappoint this morning. The Belgian tanker…
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January’s top research picks
Launched yesterday for subscribers of Splash Extra, our team of journalists has combed through the the hundreds of shipping analyst…
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Blaze breaks out on disused VLCC off Dubai
An out-of-use VLCC caught fire yesterday 21 nautical miles northwest of Dubai. Splash understands the , which has not traded…
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International Seaways seals refinancing with pricing linked to carbon efficiency
American tanker operator International Seaways has closed credit facilities worth a total of $390m, used to refinance $385m of existing…
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Splash Extra: Fevered start to the new decade
Splash Extra turns one-year-old today with a bumper issue featuring the thoughts of more than 30 shipowners. The full impact…
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Teekay Tankers sells non-US ship-to-ship transfer business
Teekay Tankers has announced the sale of several assets worth a total of $83m as well as the closing of…
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CMB becomes the world’s first net zero shipping line
Pioneering Compagnie Maritime Belge (CMB), which turned 125 on Friday, is set to become the first shipping line in the…
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Libya’s main oil export terminals closed
Tanker brokers are reporting that oil exports from Libya have come to near complete standstill. Late last week forces loyal…
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Monarch abdicates from shipowning with sale of famous VLCC
Sales talk surrounding US investment fund Monarch Alternative Capital only ship, the 10-year-old, 320,000 dwt , is creating plenty of…
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Torm orders LR2 tanker pair at GSI
Danish product tanker giant Torm has returned to China’s Guangzhou Shipyard International to order a pair of scrubber-fitted LR2 newbuildings.…
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Guyana becomes world’s newest oil exporter
The world has a new source of oil from the Caribbean with Guyana exporting its first batch of crude earlier…
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Weekly Broker: Boxship sales return
The sale and purchase market was again dominated by tanker sales this past week, while there was also a noticeable…
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Chembulk Tankers appoints new CEO
Southport-headquartered chemical tanker owner Chembulk Tankers has appointed Bart Kellehern as its new CEO, replacing David Ellis who has resigned…
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Brightoil secures debt restructuring deal with eight banks
Chinese private energy company Brightoil Petroleum has entered into a major debt restructuring deal with eight Chinese banks. The eight…
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Pan Ocean orders chemical tanker quartet at Hyundai Mipo
South Korean shipowner Pan Ocean has placed an order at Hyundai Mipo Dockyard for the construction of four chemical tankers.…
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Giuseppe Bottiglieri offloads MR1 quartet
The Naples-based Giuseppe Bottiglieri Shipping Company has finally found buyers for all four tankers its in fleet which were put…
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Giuseppe Rizzo and his sister make swift shipowning return
Giuseppe Mauro Rizzo, former chief executive officer of RBD Armatori, will be co-owner of the newly built Rb-Rd Armatori vehicle,…
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Shanghai Xiangfa Shipping seeks new investor
Shanghai Xiangfa Dangerous Cargo Shipping & Stoarge Company is looking for new investors to restructure the company after it was…
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