Tankers
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Euronav takeover of Gener8 set for completion
Shareholders of Gener8 Maritime have approved plans to merge with Euronav, with 98% of those voting supporting the deal. Gener8…
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PDVSA looks to ship-to-ship transfer to ease logjam at its terminals
Venezuela’s state-run oil company PDVSA has completed its first ship-to-ship (STS) fuel transfer and it may provide a chance for…
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Claus-Peter Offen MR sales proliferate
Claus-Peter Offen Reederei continues to sell. Brokers note that the German outfit has committed its MR tanker, the 37,229 dwt …
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Premuda and Star Bulk tipped to bid for RBD Armatori’s fleet
At least two companies are very likely to make an offer for Italian owner RBD Armatori’s fleet to be sold…
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Pillarstone: Premuda’s back in the market in buying mood
One year after KKR Capital’s turnaround fund Pillarstone Italy took control of Italian owner Premuda, the Genoa-based shipping firm is…
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Class action suits launched against Aegean Marine Petroleum Network
Having announced a $200m hole in its finances last week, New York-listed Aegean Marine Petroleum Network now faces at multiple…
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Vroon offloads another MR
Troubled owner Vroon Group has just sold the Iver Exact, an eleven-year-old Hyundai Mipo-built MR tanker. The ship is the third…
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Euronav sells elderly suezmax
Euronav’s fleet rejuvenation program continues at pace. The Belgian company has sold the 20-year-old suezmax, Cap Jean, for $10.6m, the…
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Nordic American Tankers to sell three more suezmaxes
Nordic American Tankers (NAT) has announced that it plans to sell three of it older suezmax vessels. This follows the…
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Weekly Broker: Quiet bullishness at Posidonia shows through
Brokers and owners were out far too late enjoying themselves in the Greek capital this past week, something that has…
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M Sea Capital confirms BP tanker deal
M Sea Capital has confirmed reports published on Splash late last month that it is behind the acquisition of three…
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Japanese firms dive in for more product tankers
Big name Japanese companies have dived in for new product tankers. Brokers report Marubeni has signed for two 79,900 dwt…
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MPA and NUS Enterprise launches maritime accelerator programme
Singapore’s Maritime and Port Authority (MPA) and NUE Enterprise, the entrepreneurial arm of the National University of Singapore, has officially…
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K Line top brass face repeated calls for their removal
Once again top brass at Japan’s third largest shipping line, Kawasaki Kisen Kaisha (K Line) are fearing for their jobs…
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Scrubbers take more flak at Posidonia
Politics, scrubbers, scrapping and consolidation were themes that dominated yesterday’s shortened TradeWinds Shipowners Forum, held just in front of the…
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Even though I walk through the valley of the shadow of death
I will fear no evil. The market will eventually recover, writes BIMCO’s chief shipping analyst, Peter Sand. Shipping cycles are…
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Scorpio Tankers seals another sale and leaseback deal
Emanuele Lauro’s Scorpio Tankers has sealed a sale and leaseback deal with China’s CMB Financial Leasing for six product tankers…
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Enesel lets go of two elderly aframaxes
Greek tanker and container outfit Enesel has decided to let go of two elderly aframax tankers, brokers tell Splash, cutting…
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Nanjing Tanker to relaunch on Shanghai Stock Exchange
Nanjing Tanker, the oil shipping arm of Sinotrans & CSC, has applied with Shanghai Stock Exchange to relanuch its shares…
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Greek owners hungry for Toisa fleet
Brokers tell Splash that the Toisa fleet sale is nearing completion, ending one of the most reported court sales in…
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