Tankers
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Nestoil takes Frontline VLCC for floating storage
Nigeria’s Nestoil has been revealed as the buyer of the VLCC and sources tell Splash the tanker will now be…
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Euronav orders two ice-class suezmaxes
Euronav has ordered two high specification ice class suezmax tankers from Hyundai Heavy Industries in South Korea. The Belgian tanker…
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Frontline joins the rush for VLCC orders
John Fredriksen’s Frontline is being linked with an order at Hyundai Heavy Industries (HHI) for two firm VLCCs. The deal…
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Gener8 Maritime sells two VLCCs to AET for $81m each
New York-based Gener8 Maritime has done a deal to sell two of its very large crude carriers (VLCCs) – both built…
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Olympic Shipping acquires newbuild suezmaxes from Arcadia
Greek owner Olympic Shipping and Management has acquired two newbuild suezmax tankers from compatriot Arcadia Shipmanagement. According to broker sources,…
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Scorpio offloads MR tanker pair
NYSE-listed Scorpio Tankers has agreed to sell a pair of MR product tankers for a total of $56.4m. The two…
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Parakou Shipping boss CC Liu dies
CC Liu, the founder and chairman of Parakou Shipping and honorary consul for Norway in Hong Kong, passed away over…
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DHT Holdings asks Frontline to move on after rejecting latest takeover bid
DHT Holdings has once again rejected a proposal from John Fredriksen’s Frontline to acquire the company, branding the unrevised proposal…
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VLCC newbuild orders this year already more than double 2016’s total
Temptingly low prices have already seen more than twice as many VLCC orders placed this year than in the whole…
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D’Amico International Shipping: Three reasons why product tankers are at a turning point
A reduced orderbook for new tankers, an increasing tonne/mile ratio and sea transport demand from refined products constantly soaring: these…
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Eastern Pacific takes aframax brace at Hanjin Subic
Idan Ofer’s Eastern Pacific is being linked by brokers to a pair of aframax orders at Hanjin Heavy Industries &…
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Woods steps up to CEO at FSL Trust
Struggling FSL Trust has confirmed Roger Woods steps up from COO to take the vacant CEO role at the Singapore…
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Maritime CEO Forum: Trump viewed as good for tanker trades
President Donald Trump is proving to be good for tankers, delegates attending last week’s Maritime CEO Forum in Singapore were…
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BW behind Samsung VLCC quartet
Proving that BW Group is far from fully exiting the VLCC scene having sold its supertanker fleet to DHT Holdings…
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Scorpio sells three MRs to Chinese leasing house
Brokers report Scorpio has sold three sister product tankers to a Chinese leasing house. The MRs – STI Le Rocher,…
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Nanjing Shenghang Shipping acquires chemical tanker
Chinese domestic tanker owner Nanjing Shenghang Shipping has announced the acquisition of 5,700dwt chemical tanker from Zhoushan Yongcheng Shipping for…
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PDVSA has resumed shipping crude oil to Cuba
Venezuela’s state oil firm PDVSA resumed shipping exports of light crude oil to Cuba in March, according to Reuters citing…
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Toisa whacked by the taxman for $304.55m
Just as he thought he might be through the worst of his Chapter 11 purgatory the taxman in the US…
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Goldwin in for chemical tankers
Hong Kong tonnage supplier Goldwin Shipping has made a rare new order heading to a Chinese yard that was once…
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Vroon subsidiary sells MR pair to Union Maritime
Iver Ships, the tanker subsidiary of Belgium’s Vroon, has sold two 2007-built MR tankers – Iver Express and Iver Example…
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