Tankers
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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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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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