Tankers
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Poten bought out by BGC Partners
One of the world’s best known tanker brokers, Poten & Partners, has been bought out. BGC Partners has taken over…
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Ship Finance International offloads VLCC
John Fredriksen’s Ship Finance International (SFI) says it has agreed to sell 2002-built VLCC tanker to an unrelated third party.…
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GNG Ocean Shipping secures financing for chemical tanker pair
China’s state-owned GNG Ocean Shipping has entered into an agreement with BNP Paribas for the financing of two of the…
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Crude tanker rates predicted to consolidate as US softens Iranian sanctions
Crude tanker rates are predicted to consolidate by brokers Simpson Spence Young (SSY) on the back of the surprise decision…
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2019 predictions and beyond
As is customary at this time of the year the editor tells me to stick my neck on the line…
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Raffles Shipping books up to six chemical tankers at Wuchang Shipbuilding
Singapore’s Raffles Shipping is expanding its chemical tank fleet. The company has entered into a shipbuilding contract with CSIC-affiliated Wuchang…
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Yasa sells aframax to Soechi
Shortly after Yasa started recirculating five bulkers for sale, the Turkish owner’s fleet renewal is picking up pace. The first…
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Weekly Broker: Owners unfazed by dry bulk freight rate collapse
The final quarter is proving to be the busiest three-month period of the year for secondhand transactions, and the buying…
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Gestioni Armatoriali sells tanker pair to Chandris Hellas
Piraeus-based shipping company Chandrios Hellas is reported as the new operator of a pair of MR2 tankers bought by Italy’s…
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Algoma adds product tanker
Canada’s Algoma Central Corporation has grown its tanker fleet to seven with the acquisition of a 2008-built product tanker. Algoma…
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Torm joins China-based scrubber joint venture
Denmark’s Torm becomes the latest owner to invest in a scrubber manufacturer ahead of 2020’s global sulphur cap. The tanker…
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Paolo d’Amico to take the reigns at d’Amico International
D’Amico International Shipping has announced that chairman Paolo d’Amico will take over from Marco Fiori, who resigned last month, as…
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All crew evacuated from Norwegian frigate after collision with Tsakos tanker
A Tsakos aframax and a naval frigate collided last night off Norway with the Norwegian ship driven aground to prevent…
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Union Maritime adds another aframax
Union Maritime has been linked by brokers to the acquisition of 2004-built aframax from Germany’s Hansa Treuhand. The deal, around…
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Brightoil dismisses sale and leaseback rumours
China’s Brightoil Petroleum has denied reports carried by Splash of a major sale and leaseback deal with compatriot Shandong Shipping.…
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Top Ships seals new charter with BP
Greek tanker owner Top Ships has agreed a new time charter with BP Shipping for 2016-built product/chemical tanker . The…
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Aframax tanker pool launched
Reederei Nord and Singapore’s Synergy Group, on behalf of Japan’s Nissen Kaiun, have officially launched N2Tankers, a new aframax tanker…
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Sunken Iranian tanker features on US sanctions list
The badly burnt, rusting wreckage of the lies on the seabed of the East China Sea. The burning Iranian tanker…
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Iranian sanctions seen boosting tanker rates
The reimposition of sanctions on Iran – effective from today – is viewed by multiple analysts as a boon for…
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Arne Fredly adds three more VLCCs at DSME
Daewoo Shipbuilding & Marine Engineering (DSME) announced today that it has won a $273m deal to build three VLCCs for…
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