Tankers
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Eurotankers bags secondhand suezmax for $18.8m
CEPSA from Spain have sold the 2004-built , a suezmax that notched up significant interest from buyers. Clarkson Research reports…
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Ridgebury Tankers snaps up Euronav VLCC
Belgium-based tanker owner Euronav has sold its 2001-built VLCC to Bob Burke’s Ridgebury Tankers for $22m. Euronav logged a gain…
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DHT Holdings announces sale of three VLCCs
DHT Holdings announced on Wednesday that it has entered into an agreement to sell three of its VLCCs. The three…
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Tanker owners need to be cautious on the supply side: Maritime CEO Forum
Caution was the most palpable theme emanating from the tanker session at this week’s Maritime CEO Forum in Hong Kong.…
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Weekly Broker: Sales slow, but interest and prices stay firm
The last week has seen a slowdown in the secondhand bulk carrier sales in line with recent slowdown in the…
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Stopford predicts supply/demand equilibrium by 2021
It’ll take through to 2021 before the supply/demand equilibrium becomes favourable for shipping, the world’s most famous shipping analyst, Clarkson’s…
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Pacific Carriers in for another MR tanker
Robert Kuok-controlled Pacific Carriers (PCL) has added its second ship of the year in a business diversification drive. Sources tell Splash that…
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Cosco Shipping Energy orders seven tankers at DSIC
Cosco Shipping Energy Transportation, the tanker unit of China Cosco Shipping, has signed a major shipbuilding deal with CSIC-affiliated Dalian…
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Shipping Corporation of India readies scrap candidates
State-backed Shipping Corporation of India (SCI) is having a clear out of its older tonnage. India’s flagship carrier reported an…
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Ardmore Shipping: Disciplined approach
There is a prudence surrounding the business decisions Anthony Gurnee tends to make that were his peers to follow would…
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Owners seeing greater value in older crude tankers
The Japanese controlled aframax , a 14-year-old Namura-built tanker, saw up to eight possible buyers come to inspect the ship…
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USCG probes death on MOL chemical tanker
The US Coast Guard (USCG) is investigating the death of a person on board a chemical tanker moored in Richmond,…
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Dingheng Shipping to sell chemical tanker at auction
Chinese tanker owner Shanghai Dingheng Shipping has commissioned Ningbo Ship Exchange Market to sell 2006-built chemical tanker via an online…
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Weekly Broker: Vintage bulkers earn their keep
The secondhand bulker market has seen another strong week with prices firming up for ultramax and supramax vessels, while the…
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Torm to list on Nasdaq
Danish shipowner Torm has announced plans to file for registration with the US Securities and Exchange Commission today for a…
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Stena Bulk announces major reorganisation
Stena Bulk is reorganising its business activities into three business areas: crude and fuel, products and chemicals and LNG and…
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Odfjell and Sinochem form new tanker pool
Odfjell has signed a framework agreement with Sinochem Shipping Singapore whereby Odfjell will take four of a total newbuilding order…
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Full house for Maritime CEO Forum Hong Kong debut
With more than 50 events scheduled, Hong Kong Maritime Week, which launches this Sunday, promises to be one of the…
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Americans top charts in distressed asset acquisitions this year
This year has seen American owners top the list of buyers of distressed tonnage, snapping up vessels sold at bank…
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Disagreements between Pillarstone and shareholders leave RBD Armatori on the brink
Naples-based RBD Armatori is seeing its rescue hopes slip away as shareholders of the firm, the Rizzo Bottiglieri De Carlini…
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