Tankers
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Controversial Iranian VLCC enters Turkish waters
The Iranian VLCC , formerly known as Grace 1, entered Turkish territorial waters this morning and appears to be on…
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MOL rings the changes at Nordic Tankers
Japan’s Mitsui OSK Lines (MOL) has started the integration process of MOL Nordic Tankers (MOLNT) into MOL Chemical Tankers (MOLCT),…
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Weekly Broker: Dry bulk sales fail to keep pace with the BDI
Dry bulk rates are basking in highs not seen for nearly six years with some analysts now suggesting that they…
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Thun Tankers orders new product tanker for Geos charter
Sweden’s Thun Tankers has placed an order for a 4,250 dwt product tanker at Dutch yard Scheepswerf Ferus Smit, with…
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Splash Extra identifies the key levers in shipping’s perpetual supply/demand tussle
The August edition of Splash Extra launches today with a central theme looking at what metrics shipowners find the most…
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KNOT clinches 15-year shuttle tanker charter with Total
Knutsen NYK Offshore Tankers (KNOT), a joint venture betwenn NYK and Knutsen, has sealed a time-charter contract with Total for…
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Front Altair to return to service in Q4
Frontline has revealed its burnt LR2 tanker, , will resume operations in the final quarter of the year after extensive…
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John Bolton reiterates US stance towards controversial Iranian VLCC
An Iranian suezmax is charging through the Red Sea, widely tipped to come alongside the VLCC, the world’s most tracked…
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Nobu Su to appeal jail sentence
The fallen Taiwanese shipping magnate Nobu Su is appealing his 21-month prison sentence. Su, the head of TMT, was jailed…
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Estoril Navigation snaps up MOL LR1 tanker
Greek tanker owner Estoril Navigation has acquired 2007-built Japanese LR1 tanker , according to brokers. Seasure Shipbroking and Advanced Shipping…
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Amoretti Armatori sells small tanker to NT Marine
Following a recent orders for a pair of small tankers in China and the purchase of two MR1s from Rederi…
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Iranian VLCC in the spotlight switches destination to Turkey
The , the world’s most tracked ship over the past week, has changed its destination. The Iranian VLCC, formerly known…
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Frontline takes up to 14 suezmaxes from Trafigura in cash plus shares deal
John Fredriksen’s Frontline has closed a deal with Trafigura subsidiary Trafigura Maritime Logistics (TML) to acquire 10 new Korean-built suezmax…
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Stena Impero tipped to be released soon
State television in Sweden is reporting that the , impounded at the Iranian port of Bandar Abbas for the past…
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MOL offloads elderly VLCC
Japanese shipping heavyweight Mitsui OSK Lines (MOL), who has 31 VLCCs in its stable, has just let go of one…
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Fate of Iranian VLCC in the Med remains unclear
Currently midway between Spain and Sardinia, tanker spotters from across the world are keeping a close eye on the progress…
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VLCC rates leap more than 200% month-on-month, closing in on $50,000 a day
A very tight August tonnage list has seen VLCC rates soar this month, and the good cheer has filtered down…
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Weekly Broker: Asians lead the way
Following a temporary slowdown earlier this month, the sale and purchase market has been gradually warming up again with optimism…
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Navios Acquisition refinances 10 product tankers via sale and leaseback arrangements
Angeliki Frangou’s Navios Acquisition has revealed a series of sale and leaseback transactions in its latest set of quarterly results.…
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Value Investor’s Edge: ‘Shipping analysts have been blown out of the water year after year’
J Mintzmyer is an increasingly rare species – a shipping stock analyst, moreover he’s a guy who actually picks out…
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