Tankers
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Poten bullish on growing ton-mile scenario for crude tankers
Analysts at New York tanker brokers Poten & Partners are bullish for crude tanker owners on the back of the…
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Navig8 Chemical Tankers inks sale and leaseback deal for four tankers
Navig8 Chemical Tankers has entered into sale and leaseback agreements with China’s ICBC Financial Leasing for four of the company’s…
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König & Cie pulls back from tankers
Hamburg shipping and investment company König & Cie is trimming its suezmax fleet and exiting the handysize tanker segment. Two…
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Sinopec chemical tanker explodes on Yangtze River, one missing
Chemical tanker Chuan Wei 5 suffered an explosion onboard while on the Yangtze River on Friday night. The incident happened…
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Seven Islands Shipping takes Ancora product tanker
Indian owner Seven Islands Shipping has acquired the 1999-built MR2 tanker from Greek owner Nick Parashins’ Ancora Investment. According to…
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Formosa Plastics puts its oldest VLCC in the shop window
Taiwan’s most active ship seller, Formosa Plastics, will continue to make headlines in the upcoming months, sources tell Splash. Formosa…
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KNOT Offshore appoints new CEO
Shuttle tanker specialist KNOT Offshore Partners has announced that is has appointed a new CEO to replace John Costain, who…
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Weekly Broker: Bulker bargain hunt grows
With the industry increasingly comfortable that the worst is over for dry bulk, especially sub-cape size, there has been a…
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Brightoil VLCC to be sold by court
The High Court of Hong Kong is going to sell the 2013-built VLCC , as the owner, Brightoil Petroleum, has…
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Maran Tankers exercises another suezmax option at Daehan
Maran Tankers, a unit of Greece’s Angelicoussis Shipping Group, has exercised the second of the two options at South Korean…
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Amoretti Armatori orders chemical tanker pair at Xinle Shipbuilding
Italian tanker owner Amoretti Armatori Group, controlled by the Amoretti family, has signed newbuilding contracts with Ningbo Xinle Shipbuilding for…
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König & Cie selling four suezmax tankers
German owner König & Cie continues to downsize its fleet, having listed four of its suezmax tankers for sale. According…
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Wilbur Ross-backed Diamond S reveals fresh details on NYSE listing
When Diamond S shares begin trading later this month, it will mark the largest shipping debut on Wall Street since…
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Soechi Lines takes product tanker from TB Marine
Indonesia tanker owner Soechi Lines has acquired the 2003-built product tanker from German owner TB Marine. According to shipbroking sources,…
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Centrofin and Eastern Pacific take Formosa LR1 tankers
Less than a month after putting them on the market, Taiwan’s Formosa Plastics has sold 2009 South Korean-built LR1 tankers…
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Bahri tanker allides with Taiwanese naval vessel in Keelung
Product tanker has allided with Taiwanese naval vessel Ning Yang at Keelung port on Saturday. The incident happened when the…
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K Line braces for dire results, initiates sweeping reforms
K Line has once again been forced to make changes to financial forecasts, warning today that its net loss for…
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Zodiac linked to K Line VLCC transaction
Sources are dripping new information into last week’s sale of Kawasaki Kisen Kaisha’s (K Line) oldest VLCC, the 2007-built ,…
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Finaval sells MR2 tanker to Falcon Navigation
Rome-based owner Finaval is selling one of the last few tankers in its fleet, according to broking sources which report…
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Stena Bulk hails chemical foray
Stena Bulk has hailed its entrance into the chemical sector as having surpassed all expectations. The Swedish owner’s fleet of…
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