Tankers
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Guggenheim Capital doubles down at DSME with VLCC brace
In the tanker sector, Guggenheim Capital has doubled its orderbook at Daewoo Shipbuilding & Marine Engineering (DSME) by declaring options…
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Spring jumps for MR
Spring Marine Management of Greece has stepped into the market, adding its first ship of the year. Spring Marine is…
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Angelicoussis crowned the highest valued Greek shipping billionaire
Greek shipping stats keep coming in thick and fast to the Splash newsroom ahead of next week’s Posidonia exhibition in…
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Weekly Broker: Greeks turn attention to tanker bargains
Despite the first champagne corks popping in Athens as Posidonia parties get underway the secondhand bulker sale and purchase market…
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Nordic American Tankers confirms sale of two vessels
Nordic American Tankers (NAT) has confirmed the sale of two suezmax tankers from its fleet, having telegraphed the move in…
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Vitol, StanChart JV orders VLCC quartet
Elandra Tankers, the Singapore-based joint venture between Vitol and Standard Chartered, has inked a contract with South Korea’s Hyundai Heavy…
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Scorpio Tankers inks another sale and leaseback deal
Emanuele Lauro’s Scorpio Tankers has sealed a deal to sell and leaseback six MR product tankers to China Huarong Shipping…
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DryShips acquires newcastlemax and suezmax from Economou
Greek owner DryShips has entered into agreement to acquire one 2013-built newcastlemax bulker and one 2017-built suezmax tanker. The vessels…
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Canadian authorities to buy Kinder Morgan pipeline, increased tanker shipments likely
Canada’s federal government has announced it will buy the Trans Mountain oil pipeline from Houston-based energy infrastructure firm Kinder Morgan…
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Can money still be made in shipping by flipping ships?
Unlike other capital assets whose value depreciates over the economic life of the asset, ships are known to appreciate in…
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AET orders shuttle tanker quartet for Petrobras deal
AET, part of Malaysia’s MISC, has headed to Korea to order four suezmax shuttle tankers after winning a long-term charter…
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Concordia Maritime and Stena Bulk charter in three suezmaxes
Concordia Maritime stays it has joined in with Stena Bulk to charter in three South Korean-built suezmax tankers to go…
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Are VLCCs anywhere near bottoming out?
Chief correspondent Jason Jiang warns there’s more pain in store for tanker owners. The crude tanker market is suffering some…
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Fenghai Ocean Shipping tanker to be auctioned by court
Qingdao Maritime Court will hold an auction for Dongguan Fenghai Ocean Shipping’s product tanker Feng Sheng You 16 via online…
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Weekly Broker: Dry bulk activity falls in line with diminished freight rates
This past week has seen a surge in the volume of ships changing hands, contributed in no small part by…
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Sweeping changes for Aegean Marine Petroleum Network
New York-listed bunker supplier Aegean Marine Petroleum Network has made a raft of changes that will see a new chairman…
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Gunvor teams up with Oceangold and Maas Capital to form product tanker JV
Switzerland’s Gunvor Group, John Dragnis-led Oceangold Tankers and ABN Amro’s Maas Capital have teamed up to form ClearOcean Tankers. Incorporated…
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Yasa Shipping orders tanker quartet at Hyundai Mipo
Turkish shipowner Yasa Holding is said to have placed an order at South Korean yard Hyundai Mipo for the construction…
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VLCCs have been losing $2,100 a day so far this year
Following yesterday’s lead story on the “disastrous” state of aframaxes trading in the North Sea, Splash has data on the…
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Claus-Peter Offen resumes fleet sell-off
Brokers sources tell Splash that the great Claus-Peter Offen ship sell-off continues, after a six-month break. Last year the German…
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