Tankers
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Weekly Broker: Cape volatility has many on edge
Following months of price fluctuations in the bulker sale and purchase market as the sector has been constantly correcting itself,…
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Chemical tanker explosion at Indonesian yard injures two
An explosion occurred onboard a chemical tanker under repair works at PT Multi Ocean Shipyard (MOS) on Indonesia’s Karimunbesar Island,…
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Pantheon inks deal for first Chinese newbuilds
In a busy month for Anna Angelicoussis-controlled Pantheon Tankers Management, the Athens-based company has signed a letter of intent for…
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Cosco Shipping Energy appoints new chairman
Cosco Shipping Energy Transportation (CSET), the tanker unit of state-run China Cosco Shipping Corporation, has announced that Huang Xiaowen has…
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Trump’s decision to nix Iranian oil waivers weighs heavily on tankers
The Trump administration yesterday announced that it will not renew exemptions granted last year to buyers of Iranian oil, including…
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Dubai Navigation Corp: Eight ships in first two years
Two-year-old Dubai Navigation Corp (DNC) has just taken on a trio of ships from Viken Shipping, marking a strategic move…
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Kunlun takes third VLCC this year
China’s Kunlun Shipping has added its third vintage VLCC this year, winning a bid for a ship put up for…
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MOL deploys augmented reality technology on tanker bridges
The bridges of many of Japan’s Mitsui OSK Lines’ (MOL) tankers are set to get the fighter jet treatment with…
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Tag Offshore abandons its only tanker with 17 crew onboard
Indian offshore service provider Tag Offshore is believed to have abandoned its 1991-built MR tanker along with its 17 crew.…
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Saudi Aramco tipped to lead clean tanker charge
As Saudi Aramco’s clientele increasingly faces east, its fleet needs are expected to change dramatically from dirty to clean tankers,…
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Danish broker kickstarts commercial management business
A famous name in Danish broking circles has entered the commercial management business, snagging his first ship. Cornerstone Maritime has…
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D’Amico hit with $4m pollution fine in the US
D’Amico Shipping Italia, company part of d’Amico Società di Navigazione group, admitted to dumping oily waste and other pollutants in…
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Kenny Rogers walks away from Aurora Tankers
A well-known name in Singapore shipping circles has had a career change. Kenny Rogers, head of Aurora Tankers, part of…
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Proof of alien life forms deemed more likely than a correct five-year shipping forecast
In a damning rebuke to today’s crop of shipping analysts, a vast majority of Splash voters reckon the chances of…
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Weekly Broker: Cape sales dominate the news
The dry bulk sale and purchase market has seen another periodic slowdown this past week as sentiment remains soft in…
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Navios Acquisition seals sale and leaseback for five product tankers
Navios Maritime Acquisition Corporation has completed a $103.2m sale and leaseback transaction for three MR2 product tankers and two LR1…
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Brightoil chairman ousted
In the latest twist to the bumpy corporate history of Brightoil Petroleum, its chairman, Dr Sit Kwong Lam, has been…
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Tristar confirms orders for six product tankers at Hyundai Mipo
UAE-based petroleum and chemical shipping and logistics firm Tristar Group has confirmed orders for six newbuild 25,000 dwt product tankers…
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Wilmar takes another MR
Singapore-listed conglomerate Wilmar has bought an MR tanker, taking the 45,780 dwt from Norway’s DSD Shipping for $8.65m. Wilmar is…
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Maritime CEO Forum: Scrubbers give tanker owners a commercial advantage
Scrubbers present a commercial advantage for tanker owners, maintained a majority of panellists speaking at last week’s tanker session during…
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