Tankers
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Sovcomflot set to list next month
Sovcomflot, the Russian tanker giant, will push ahead with a listing as early as next month, Reuters is reporting. The…
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Xingtong Shipping: Solid petrochemical base
Chen Xingming, president of Fujian Xingtong Shipping, grew up in a small village near Quanzhou in the southeast of China.…
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D’Amico seals Japanese sale and lease back deal
D’Amico International Shipping S.A. has just announced that its operating subsidiary d’Amico Tankers signed a memorandum of agreement and bareboat…
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Euronav JV secures five-year FSO contract extensions
Euronav has announced that its 50% owned joint venture with International Seaways has signed a five-year contract with North Oil…
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Aristides Alafouzos, the founder of Kyklades Maritime, dies aged 93
Greece lost one of its most famous shipowners this morning. Aristides Alafouzos died today in Athens aged 93. As well…
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Frontline accuses DHT board of ‘misleading’ its shareholders
In the ongoing, very public tit-for-tat between the tanker titans Frontline and DHT Robert Macleod has fired off another angry…
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Secondhand ship prices fall to lowest level since 2000
Five-year-old ship prices are back to the same level of spring 2000, according to the latest market overview recently presented…
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Zodiac makes VLCC play with Wah Kwong acquisition
Zodiac Maritime has made a foray into the VLCC sector. The diverse fleet controlled by Eyal Ofer had until now…
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Neda Maritime sells 15-year-old VLCC to Minerva Marine
Greek owner Neda Maritime has sold 309,300dwt VLCC to compatriot owner Minerva Marine, having put the vessel up for sale…
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BC’s Chamber of Shipping slams planned ban on oil tankers
The Chamber of Shipping of British Columbia said it is against the Canadian federal government’s planned ban on oil tankers…
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Union Maritime’s MR charge continues with fourth acquisition this month
London-based Union Maritime is on an acquisitive charge. Brokers report it has taken another MR tanker, the Korean-built from Parakou.…
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Advantage Tankers makes products foray
Geneva-based Advantage Tankers has entered the products sector, taking a fleet of handies that were under bank control. Clarkson Research…
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Fire hits product tanker at Al Hamriyah port, Indian seafarer killed
An Indian seafarer has died after a fire broke out on a product tanker, identified as (AIS name Rojean), on…
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Canada to ban oil tankers from northern BC ports
Canada’s federal government is introducing a bill that will make law what has been an informal partial ban on crude…
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Olympic Shipping secures charters for VLCC duo
Greek owner Olympic Shipping and Management has fixed charter contracts for two VLCCs, including a newbuild currently under construction at…
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Nantong Xiangyu Shipbuilding launches operations with chemical tanker orders
Nantong Xiangyu Shipbuilding & Offshore Engineering, previously known as Nantong Mingde Heavy Industry, held an opening ceremony yesterday and officially…
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Greeks dominate ship orders this year
The Greeks have led the charge to order new ships this year, according to analysis out today from online pricing…
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AP Moller-Maersk’s first quarterly revenue growth since 2014 fails to mask ‘troublesome’ boxline problems
Maersk’s first quarterly revenue growth since 2014 today failed to mask what analysts are describing as “troublesome aspects” relating to…
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Ureda family behind Scorpio product acquisitions
Splash understands the two product tankers sold earlier this week by Scorpio Tankers are heading to Compania Maritime Chilena (CMC),…
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DryShips buys newbuild suezmax from Economou
DryShips says it has acquired a 158,000dwt suezmax tanker, currently under construction in China, for $64m from an entity affiliated…
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