Tankers

Euronav fixes $750m credit facility

September 1st, 20150 Euronav has signed a new $750m senior secured amortizing revolving credit facility led by DNB Bank and Nordea Bank acting as coordinators, mandated lead arrangers and...

The top 10 crude trade flows into Asia

August 31st, 20150 West Africa is rising fast, writes Poten’s Erik Broekhuizen. Through its extensive spot fixture database, Poten has a feel for changes in spot crude oil movements...

Cosco orders two VLCC newbuildings

August 28th, 20150 China's Cosco (Dalian) has ordered two new 319,000-dwt VLCCs to be built at Dalian COSCO KHI Ship Engineering Co (DACKS). The contract value was reported today at...

Nigeria sends out further oil shockwaves

August 27th, 20150 Sending further shockwaves to tanker owners calling in West Africa Nigeria's state oil company said yesterday it has nixed its contract for the delivery of crude to the...

PNSC looks to double fleet size

August 26th, 20151 Pakistan National Shipping Corporation (PNSC) has outlined significant fleet expansion plans. PNSC currently manages a fleet of nine ships, including four 107,000 dwt...

Concordia Maritime CEO buys stock

August 21st, 20150 Kim Ullman, CEO of Concordia Maritime, has purchased a further 5,000 B shares in the company, increasing his holding in the company to 20,000 shares. In March last...

NAT chairman increases his shareholding

August 21st, 20150 Chairman and CEO of Nordic American Tankers (NAT) Herbjorn Hansson and his son Alexander have bought $1.4m worth of stock (100,000 shares) in NAT through a third-party...
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