Tankers
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Euronav sells oldest VLCC
Belgian owner Euronav has sold 2005-built 305,261 dwt VLCC , the oldest VLCC in its fleet. VK Eddie was the…
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Control of chemical tanker owner Finbeta goes to newcomer Chemtank
Savona-based Finbeta, a shipping firm founded by the Bertani family and active in the chemical tanker business with a fleet…
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Newbuild prices cool off
Newbuild prices have cooled off in the last fortnight as the volume of orders remains very low in the first…
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Weekly Broker: July tops the charts for bulker sales
The sale and purchase market for secondhand bulkers saw a slight slowdown in the past week, while the chartering market…
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Dingheng Shipping partners with WUT on smart shipping
Chinese chemical tanker operator Shanghai Dingheng Shipping has entered into a framework agreement with Wuhan University of Technology (WUT) to…
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MSI: ‘Shipping has rarely faced such a combination of contradictory forces’
Shipping investment decisions are extraordinarily difficult today, according to the head of UK consultants, Maritime Strategies International (MSI). Unveiling a…
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BP’s tankers avoid Hormuz as Stena Bulk voices concern for crew detained in Iran
BP, the seventh largest oil company in the world, has not taken any of its own tankers through the Strait…
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Stena Bulk seeks access to impounded tanker
Stena Bulk is asking Iranian authorities to get access to its impounded product tanker, , and the 23 crew onboard.…
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Mohammad Saeedi steps down at IRISL
Iran’s largest shipping line has a new boss after Mohammad Saeedi resigned yesterday from his role as managing director of…
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Union Maritime MR2 buy sees Chiba Shipping exit tankers
UK-based shipowner Union Maritime has acquired 2010-built Japanese MR2 tanker , according to brokers. According to Seasure Shipbroking and Advanced…
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Sovcomflot orders LNG-fuelled product tankers
Sovcomflot’s board of directors has heeded the will of the government and placed orders for three high tech product tankers…
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Splash Podcast: markets and millennials
Today sees the launch of the Deep Dive, a brand new podcast series from the team at Splash. Featured in…
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Iran starts to release detained crew
Iran has released nine out of 12 Indians who were onboard the tanker that was detained in early July, accused…
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Ukraine seizes Russian tanker
In a similar tit-for-tat maritime spat to the ongoing tanker showdown between the UK and Iran, Ukrainian authorities revealed yesterday…
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Iranian president hints at tanker trade to deescalate Hormuz crisis
Iran’s president yesterday hinted he’d be up for a tanker trade with the UK in order to deescalate the tense…
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Weekly Broker: Bulker rush ahead of price rises
The strong momentum in the dry bulk shipping market continues to see plenty of tonnage change hands as investors rush…
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Europe welcomes UK’s Hormuz patrol proposal
A host of European nations are coming out in support of the UK’s call for a naval coalition to assist…
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Ningshen Group orders chemical tanker at AVIC Dingheng
Yonghua Shipping, a shipping unit of Shanghai-based Ningshen Group, has placed an order at AVIC Dingheng Shipbuilding for the construction…
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UK seeks European naval coalition to patrol Hormuz
With the US telling London it must handle the impasse by itself, the British government yesterday mooted the idea of…
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UAE charterer of seized tanker denies Iranian claims of fuel smuggling
The charterer of a small product tanker seized by Iran earlier this month has rubbished claims the ship was engaged…
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