Tankers
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Proman Stena Bulk orders methanol tanker pair at GSI
Proman Stena Bulk, the joint venture formed last month by Switzerland’s Proman Shipping and Sweden’s Stena Bulk, has signed contracts…
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Petrobras tipped to become world’s largest listed oil producer
Brazil’s Petrobras is on course to become the world’s largest oil producer among publicly listed companies by 2030, based on…
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FSL Trust confirms sale of product tanker pair
Confirming a story on Splash earlier this week, Singapore’s First Ship Lease Trust has confirmed the sale of 2006-built LR2…
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Maritime CEO Forum: First generation of double-hulled tankers set for the scrapheap
A huge swathe of the first generation of double hulled tanker fleet are coming up to their scrapping age in…
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Euronav acquires suezmaxes in joint ventures with Ridgebury and Tufton Oceanic
Belgium’s Euronav has entered joint ventures with affiliates of Ridgebury Tankers and clients of Tufton Oceanic, with each of the…
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Teekay Tankers’ road to redemption is also that of other tanker stocks
Teekay Tankers (TNK) is taking the long road back to investors’ portfolios. After many lonely years out in the wilderness…
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Court orders seizure of more Yuhua Energy assets
Xiamen Intermediate People’s Court has issued an enforcement order to seize the assets of product oil trader and tanker operator…
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Cosco to build first LNG-powered VLCC at DSIC
Cosco Shipping Energy Transportation, the tanker unit of Cosco Group, has upgraded a VLCC newbuilding under construction at Dalian Shipbuilding…
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BULL grabs FSL product tanker pair by the horns
Indonesian tanker owner PT Buana Lintas Lautan (BULL) has splashed out $39.7m to buy 2006-built LR2 product tankers FSL Piraeus…
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Metrostar contracts with New Times for suezmax series
Brokers report Metrostar Management has placed an order for two firm plus two options of China’s New Times’ 158,000 dwt…
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Weekly Broker: Buying appetite disappears
The sale and purchase market for both bulkers and tankers has seen a major scale-back in activities as freight markets…
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Yasa orders suezmax pair at Daehan
Brokers report Turkish owner Yasa has placed placed an order for two firm suezmax tankers at Daehan in South Korea.…
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Winson seals firm price offloading vintage tanker
Low profile Chinese outfit Forever Fortune Shipping has made a rare move in the secondhand market. Sources say the Jiangsu-based…
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Euronav firms up Malaysian bunkering operations
Belgian tanker giant Euronav has signed a service agreement making Malaysia’s Linggi Port its supply base providing low sulphur fuel…
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MPC Capital acquires 50% stake in Albis Shipping & Transport
Hamburg-based MPC Capital has announced the acquisition of a 50% stake in tanker chartering specialist Albis Shipping & Transport. Albis…
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Delta Tankers acquires Phoenix Tankers VLCC
Diamantis Diamantides’ Delta Tankers has added a third VLCC to its fleet this year, after taking over the 2007-built from…
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Are strategic oil reserves back in vogue as oil market risks escalate?
David Flanagan from Infospectrum writes for Splash on the big picture for global oil supplies. The recent drone strike on…
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Great Eastern pounces for suezmax pair
India’s Great Eastern Shipping has emerged as the buyer of two 14-year-old, 159,000 dwt suezmaxes, the and the . The…
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Atlantica Shipping takes Empire Navigation product tanker
Norway’s Atlantica Shipping has acquired 2009-built SPP MR2 product tanker , according to multiple brokers. Seasure Shipbroking and Advanced Shipping…
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China Merchants ordering VLCC quartet
China Merchants Energy Shipping (CMES), the major shipping unit of China Merchant Group, has announced a plan to order four…
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