Tankers
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Economou set to take full control of DryShips
George Economou’s offer to buy out the remaining shares of Nasdaq-listed DryShips has been voted through by shareholders, with the…
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Teekay Shuttle Tankers issues green bonds
Teekay Shuttle Tankers has completed the placement of $125m senior unsecured green bonds due October 2024. The proceeds from the…
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Cargill, Maersk Tankers and Mitsui join forces to identify cost-effective ways for shipping to slash carbon footprint
Cargill, Maersk Tankers and Mitsui & Co have established a strategic collaboration to try and identify cost-effective ways for shipping…
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Cosco operates tankers in the dark as sanctions see rates climb to new highs
Up to one third of the fleet of Cosco Shipping Tanker (Dalian) have switched off their automatic identification system (AIS)…
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What has been the most important story in shipping this decade?
We’re into the final quarter of the decade, one of the most tumultuous periods in the history of commercial shipping.…
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Hafnia sounds out Oslo IPO
Product tanker giant Hafnia is eyeing a listing on the Oslo Stock Exchange, the company revealed in a release today.…
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Okeanis Eco Tankers exercises suezmax options with Alafouzos
Alafouzos family-controlled Okeanis Eco Tankers (OET) has exercised an option granted by chairman and CEO Ioannis Alafouzos to acquire two…
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Tanker surge spreads across the board
The dramatic VLCC charge is spreading across the board with long term charters, S&P figures and share prices all rising…
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EA Technique orders product tanker trio at Zhenhe Shipbuilding
Malaysian owner EA Technique has entered into an agreement with China’s Ningbo Zhenhe Shipbuilding for the construction of three product…
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Maritime CEO Forum on pole with Monaco debut
The Davos of shipping is an overused cliché these days – with every maritime conference organiser claiming to have an…
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Secondhand VLCC prices rally
With rates for VLCCs enjoying their greatest spike this decade last week – on the back of sanctions hitting Chinese…
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Eastern Pacific targets technology and environment with new hires
Idan Ofer’s Eastern Pacific Shipping has expanded its management team in Singapore with the hire of a chief innovation officer,…
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Intertanko boss warns on ‘untouchable’ Chinese VLCC fleet
The US sanctions on tankers belonging to state-backed Cosco and Kunlun have created a fleet of “untouchable” VLCCs, the president…
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Dee4 Capital: Short-term market dislocations coupled with long-term value
Carsten Mortensen is back, hunting product tanker opportunities with a new fund. The former CEO of both BW and Norden…
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Stena Bulk and Proman form methanol-fuelled tanker joint venture
Switzerland’s Proman Shipping and Sweden’s Stena Bulk have formed a new joint venture, called Proman Stena Bulk, which will own…
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Cosco sanctions bring VLCC spot rates towards $100,000 a day
Geopolitics are pushing VLCC spot rates towards $100,000 a day, as charterers work around the clock to snap up tonnage…
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Stolt Tankers appoints Lucas Vos as president
Olso-listed Stolt-Nielsen has appointed Lucas Vos as president of Stolt Tankers, succeeding Mark Martecchini with effect from October 11. Stolt-Nielsen…
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New Delhi looks to privatise Shipping Corporation of India
New Delhi is looking to privatise flagship carrier Shipping Corporation of India’s (SCI) as part of a wider privatisation program…
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Waterfront Shipping: Methanol champion stars on the cover of Maritime CEO magazine
The latest issue of Maritime CEO magazine launches today just in time for the upcoming Cyprus maritime week. As ever…
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Creditors seize Uljanik Plovidba tanker
With one of its tankers seized by creditors over the weekend, troubled Croatian shipping line Uljanik Plovidba has submitted an…
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