Tankers

Oman seeks VLCC for floating storage

April 29th, 20150 Muscat: Oman Tank Terminal Company (OTTCO) will tender for a VLCC to become a floating storage unit later this year, Reuters reports. OTTCO is majority owned by the...

Berlian Laju agrees to offload 27 ships

April 25th, 20150 Jakarta: Indonesia’s struggling Berlian Laju Tanker has agreed to transfer 27 of its 39-strong fleet to a new entity controlled by private equity creditors, KKR and...

MISC dismisses AET sale rumours

April 24th, 20150 London: Malaysia's state-owned shipping company MISC has dismissed rumours that it plans to sell its AET, its petroleum tanker subsidiary. "In response to recent...

TEN raising cash for vessel acquisitions

April 23rd, 20150 Athens: Greek tanker giant Tsakos Energy Navigation (TEN) is looking to make the most of current attractive ship prices on offer by raising cash to buy more ships. TEN,...
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