Tankers
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Stricken tankers and crew reported safe in UAE waters
The two tankers and their crew involved in dangerous strikes while transiting the Strait of Hormuz last Thursday arrived safely…
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Conflicting reports add to tension in wake of Hormuz attacks
Amid heightened tension in the Middle East today there are conflicting reports on what happened to the Front Altair and…
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Seafarers on edge following latest Middle Eastern tanker attacks
Seafarers face an anxious few months ahead transiting the Strait of Hormuz, a kew Middle Eastern waterway where vast volumes…
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OSM to manage Fredly’s new VLCCs
Arne Fredly has decided to go with a local company to manage his fleet of newbuild VLCCs. Norway’s OSM Maritime…
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Tankers torpedoed in the Middle East
Two tankers have been targeted this morning while transiting waters near to Fujairah. Frontline’s fully laden LR 2 was hit…
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Weekly Broker: Bullish sentiment buoys tanker prices
Tanker S&P deals continue to accrue at a very solid pace and prices are heading north. Allied Shipbroking’s indicative tanker…
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Another three Brightoil vessels sold by courts amid wind-up petitions
Financially troubled Brightoil Petroleum has announced that the company was served with a petition filed by a creditor with the…
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Avin heads to Korea for suezmax pair
Greek owner Avin International has placed an order for two firm 158,000 dwt suezmax tankers at Hyundai Heavy Industries in…
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Palios makes tanker move as Performance Shipping confirms $60m acquisition of aframax pair
Symeon Palios has confirmed a move into the tanker sector with a deal to acquire a pair of aframax tankers,…
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Jens Grønning to lead Navig8 Chemical Tankers as management team replaced
Navig8 Chemical Tankers has announced the appointment of Jens Grønning as CEO and Torben Bager as CFO, replacing CEO Nicolas…
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Russian tanker explosion kills two
An explosion occurred onboard a tanker at Port of Makhachkala in Russia today, killing two people. According to report by…
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Economou takes full control of Heidmar, installs Khanna as CEO
George Economou has struck a deal with Morgan Stanley to acquire the investment company’s stake in pool operator and services…
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K Line top management forced to defend themselves from irate shareholders again
As has now become tradition in the Japanese summer maritime calendar, for the third straight year top management at Kawasaki…
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Topouzoglou closes in on FSL Trust buyout
Prime Marine’s Stathis Topouzoglou together with a group of investors is closing in on buying out Singapore’s First Ship Lease…
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Hansa Tankers adds another chemical tanker
Norway’s Hansa Tankers has made its second vessel acquisition of the year with the addition of 2009-built 33,600 dwt chemical…
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Official report confirms limpet mines were used in Fujairah tanker attacks
The official report sent to the United Nations into last month’s Fujairah tanker attacks confirms what Splash reported first –…
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Samsung Heavy debuts revolutionary VLCC design
South Korea’s top shipyards are busy developing the next generation of VLCC designs. At yesterday’s Nor-Shipping exhibition on the outskirts…
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ADS Crude Carriers eyes fleet expansion after securing new financing
Norway’s ADS Crude Carriers has agreed terms for a credit facility, which provides financing of the forthcoming intermediate surveys for…
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Weekly Broker: Improving sentiment drives deals
The general sentiment across the dry bulk market seems to be moving in a positive direction finally with a steady…
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Hyundai Heavy pushes ahead with LNG-fuelled VLCC with rotor sails
On Wednesday at Nor-Shipping Lloyd’s Register presented South Korea’s Hyundai Heavy Industries (HHI) with approval in principle (AiP) for a…
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