Tankers
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RBD Armatori fleet sale falls through
No one has been willing to shell out the $200m demanded for the 13 ships belonging to bust RBD Armatori.…
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Nissen Kaiun opts for Onomichi product tankers
The rapid fleet rejuvenation programme at Japanese shipping line Nissen Kaiun continues at pace with brokers reporting a product carrier…
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Cosco Shipping secures tanker contract from China Marine Bunker
Cosco Shipping Energy Transportation has announced that its subsidiary Dalian Tanker has entered into a vessel charter contract with China…
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Chinese refiner makes 60-ship tanker debut
China’s independent refiner Baota Petrochemical Group is making its debut into the tanker market, announcing plans to form a tanker…
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Weekly Broker: Looming price shift between different age groups holds owners back
Solid freight rates seen in the dry bulk sector kept secondhand sales ticking over at a decent click this week.…
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Stena Bulk takes six suezmaxes on time charter
Stena Bulk has taken advantage of this year’s dire charter rates for suezmaxes by chartering in six tankers to boost…
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Soechi Lines acquires product tanker from ICBC Leasing
Indonesian owner Soechi Lines has acquired a 16,900 dwt small chemical product tanker from China’s ICBC Leasing. The 2010-built tanker …
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Scorpio Tankers seals sale and leaseback for seven product tankers
Emanuele Lauro’s Scorpio Tankers has sealed a sale and leaseback deal with an unnamed international financial institution for seven of…
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Enterprise Products Partners to develop offshore oil export terminal in Texas
Enterprise Products Partners, a Houston-based midstream energy services provider, has announced a plan to develop an offshore crude oil export…
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New Iraqi tanker owner nabs BW VLCC resales
Brokers are linking fast emerging Iraqi tanker player Al-Iraqia Shipping Services & Oil Trading (AISSOT) with a resale pair of…
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Ship Finance International offloads three VLCCs and a jackup
John Fredriksen’s Ship Finance International (SFI) has agreed to sell 2007-built jackup rig Soehanah and three 2002-built VLCCs. The buyer…
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Hyundai Mipo secures tanker order from OSG
South Korean yard Hyundai Mipo Dockyard has secured a newbuilding order from US owner Overseas Shipholding Group (OSG) for the…
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Pakistan restarts tanker scrapping
Pakistan is finally accepting tankers for recycling again. After a series of deadly accidents the Asian country had banned all…
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Okeanis suezmax damaged in Suez Canal scrap
A two-month old suezmax, owned by Alafouzos family company Okeanis Eco Tankers, has damaged its hull while transiting the Suez…
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D’Amico signs product tanker sale and leaseback
Italy’s d’Amico International Shipping has sold 2016-built product tanker to a “reputable Japanese counterparty” for $29.5m, but will continue to…
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Weekly Broker: Chinese lead the way as market enters summer slowdown
We have seen another strong week recorded for the capesize market, which has boosted the BDI to a new 2018…
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D’Amico International Shipping sells product tanker
Luxembourg-based d’Amico International Shipping has announced that its Irish operating subsidiary d’Amico Tankers has reached an agreement to sell 2003-built…
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Sincere Navigation order at STX falls through
Taiwanese owner Sincere Navigation’s product tanker order at South Korean yard STX Offshore & Shipbuilding has fallen through after the…
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I.M. Skaugen in ‘massive legal process’ with ex-partner Teekay
Struggling Norwegian gas carrier operator I.M. Skaugen has revealed it has entered a “massive legal process” with an old business…
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Gestioni Armatoriali fleet goes to Deutsche Bank and Attestor Capital
The entire fleet of Ravenna-based Gestioni Armatoriali, made up of nine bulkers and three tankers, will be transferred to Deutsche…
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