Tankers
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Weekly Broker: Easter fails to egg on S&P
With charter rates cooling for dry bulk and tankers remaining in the doldrums this past week has seen owners step…
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Team Tankers completes Laurin acquisition
Team Tankers International has completed its acquisition of Laurin Shipping and Anglo-Atlantic Steamship Company. The deal, which involves a series…
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26 vessels up for grabs in Toisa sell-off
Clarksons has been appointed by the US Bankruptcy Court to sell off the entire commercial shipping fleet of Gregory Callimanopulos’s…
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Jakarta to ditch controversial coal and palm oil shipping ruling until 2020
The Indonesian government has taken the decision to postpone until 2020 controversial plans to make all exports of coal and…
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DSME secures orders for VLCC pair
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering has secured a deal for the construction of two VLCC tankers from…
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Turkey’s GSD makes first tanker foray
Turkish owner GSD Holdings has made its first foray into the tanker sector. Broking sources tell Splash the Istanbul- headquartered…
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Torm exercises options on three MRs at GSI
Danish owner Torm has added to its fleet, exercising options for three MR newbuildings at Chinese yard Guangzhou Shipyard International.…
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Korea Line confirms VLCC order at DSME
Korea Line has officially placed an order at compatriot shipyard Daewoo Shipbuilding & Marine Engineering (DSME) for the contruction of…
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Weekly Broker: Q1 ends on a whimper
As the first quarter of 2018 comes to a close action on the dry cargo secondhand market has reflected the…
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Korea Line ordering another pair of VLCCs
Korea Line is ordering a pair of VLCCs just days after it ordered two VLCC newbuildings at domestic yard Hyundai…
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Second fully-laden VLCC has departed LOOP with export cargo
The Louisiana Offshore Oil Port (LOOP) announced on Wednesday that this month it has successfully loaded its second VLCC for…
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Nobu Su’s last ship arrested and set for auction
One of the last vestiges of the shipping empire built by Taiwanese tycoon Nobu Su has been put up for…
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USCG calls off search for seafarer missing from Island Navigation tanker off Alaska
US Coast Guard (USCG) said it has called off its search for a crewman missing presumed overboard from an oil…
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The risk of further tanker market downside
Despite the positive consensus on medium-term fundamentals, a scenario-based analysis reveals the fragility of such assumptions, writes Tim Smith from…
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Grindrod plans shipping spin-off
Grindrod has announced plans to spin off its shipping division on the Nasdaq among a host of other changes on…
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Canadian tanker firm makes rare buying foray
Canada’s Coastal Shipping, a small Canadian tanker owner, has bought its first ships for many years. Broker sources tell Splash…
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Eastern Pacific tipped as buyer of Mitsubishi aframax quartet
Japan’s Diamond Tanker, part of Mitsubishi Corporation, has found a buyer for four of its aframaxes. Brokers are tipping the…
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Maritime CEO Forum: Don’t be tempted by low tanker newbuild prices
Do not be tempted by very low tanker prices on offer from yards in Asia. That was the message from…
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Weekly Broker: Bulker appetite cools
Owners’ passion for secondhand bulk carriers cooled down a bit with lower transaction volumes this week, while interest for feeder…
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Amurskaya Neftebaza orders tanker at Dajin Heavy Industry
Russian oil product supplier Amurskaya Neftebaza has placed an order at China’s Dajin Heavy Industry, a subsidiary yard of Shanghai…
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