Tankers
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Tanker demand boost from the sulphur cap
BIMCO’s chief shipping analyst Peter Sand remains cautious despite the recent sensational highs. Stakeholders have long been talking about a…
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Bahri Chemicals joins Cargill Maersk Tankers pool
Bahri Chemicals has joined with Cargill and Maersk Tankers, and from January 2020 will enter its four vessels into the…
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19 crew kidnapped from HK-flagged VLCC off Nigeria
The piracy situation in West Africa has descended to new lows with a VLCC raided by armed men yesterday and…
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Odfjell grows chemical tanker pool to 19 with addition of Navig8 quartet
Norway’s Odfjell and Navig8 Chemical Tankers (N8CTI) have reached an agreement that will see Navig8 add four stainless steel chemical…
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Handy tankers enjoy record ‘supercharged’ rates
The past week saw freight rates for both clean and dirty handy tankers in the Black Sea and Mediterranean surge…
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Angelicoussis opts to sell rather than scrap vintage VLCC
Weak demo rates have seen a vintage VLCC that had been primed for scrapping find an alternative way to see…
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MRs for MT Maritime Management
US chemical and product tanker player MT Maritime Management has emerged as the taker of a couple of ageing 2004-built…
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Fire rips through Texas petrochemical plant
Many chemical tankers calling the US Gulf will need to make alternative plans after a huge fire ripped through a…
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Splash Extra: Perfect storm sees VLCC rates leap
The November issue of Splash Extra launches today with a look at the volatile VLCC rates and where they might…
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US set to be energy independent within months
The US is only months away from full energy independence, a new study from Oslo-based Rystad Energy states. By 2030,…
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Frontline seals $544m sale and leaseback with ICBC for Trafigura suezmaxes
John Fredriksen’s Frontline says it has struck a deal with China’s ICBC Financial Leasing for the sale-and-leaseback of ten suezmaxes…
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Maritime CEO Forum: Why tankers are so well placed today
It’s vital to build in sensitivities to baseline tanker forecasts, William Fairclough, the managing director of Wah Kwong Maritime Transport…
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Tanker orderbook at lowest level this century
The tanker orderbook versus the extant fleet stands at its lowest point this century, according to new research from UK…
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MR1s and LR1s tipped for extinction
Could the old workhorses of the clean tanker trades be on the cusp of extinction? That’s the view held by…
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Last Brightoil tanker sold
Details about the sale of Brightoil’s last VLCCs are carried in the latest weekly report from Clarkson Research Services. Alpha…
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Team Tankers appoints strategic advisors to find new value opportunities
Oslo-listed chemical tanker specialist Team Tankers International has appointed strategic advisors to “support corporate activity, M&A and divestment opportunities” as…
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Maersk Tankers takes over management of 11 ICBC tankers for BP
Maersk Tankers is adding 11 tankers to the fleet under its management, in a deal which will see the Danish…
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Velos Tankers’s rapid fleet start shows no sign of slowing
Another ship has joined the fleet of Velos Tankers, a venture set up by Paschalis Diamantides, son of Diamantis Diamantides.…
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Wilbur Ross and First Reserve selling down Diamond S Shipping stakes
New York-listed Diamond S Shipping has announced the launch of an underwritten secondary offering of 4,021,604 shares belonging to private…
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Performance Shipping adds third aframax for $26m
Performance Shipping, formerly known as Diana Containerships, has agreed to acquire a 2007-built aframax tanker for $26m. Performance Shipping moved…
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