Tankers
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Shandong Shipping enters tanker market
China’s Shandong Shipping has announced that the company plans to invest in two MR tankers, after establishing two single vessel…
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Capital Maritime increases stake in Capital Product Partners
Capital Maritime & Trading has bought 459,799 common units in Capital Product Partners LP, and has entered into a trading…
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Team Tankers ship runs aground off Uruguay
A Team Tankers vessel carrying around 35,000 tons of vegetable oil has run aground offshore Uruguay. The , which is managed…
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‘Owner’ of ghost ship Tamaya 1 and crew members located
A Nigerian man has claimed ownership of Tamaya 1, the “ghost ship” that ground on Liberian shores on May 3, and…
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Super-Eco Tankers in for product pair
Greece’s Super-Eco Tankers has placed an order for two firm 40,000 dwt IMO-II product tankers at South Korea’s Hyundai Mipo…
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CSSC Shipping continues VLCC buying spree
CS Shipping, a shipowning arm of Chinese shipbuilding giant China State Shipbuilding Corporation, has emerged as the buyer of an elderly…
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Splash TV: Dry cargo a ‘nightmare’, says Tim Huxley
Dry cargo continues to be a “nightmare” warns Tim Huxley, ceo of Hong Kong-based Wah Kwong Maritime Transport Holdings, in…
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Elektrans tanker removed from UN blacklist
Elektrans’ aframax tanker Distya Ameya has been removed from the UN Security Council’s sanction list, thanks to support from its flag…
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NITC says insurance is fixed for its Europe-bound fleet
One final thorny issue ahead of National Iranian Tanker Company’s (NITC) return to European trades appears to have been fixed.…
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Ship Finance International sells VLCC
Ship Finance International (SFI) has sold its VLCC Front Vanguard (300,100 dwt, built 1998) to an unnamed counterparty for a net…
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SKS Tankers sells OBO to Karadeniz
Brokers are reporting that SKS Tankers has sold its oil-bulk-ore (OBO) carrier SKS Tyne (109,900 dwt, built 1996) for $7m…
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Tanker stocks hit by dry bulk woes
Stock market investors do not get tankers as an investment story, a survey carried on this site has found. 73%…
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Concordia Maritime settles Hudson River grounding arbitration
Sweden’s Concordia Maritime has announced that it has reached a settlement regarding a dispute associated with Stena Primorsk’s grounding in…
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Maritime union workers in Brazil ready to strike against Transpetro
Unionized seamen in Brazil are preparing to go on strike from 8am on Saturday against Transpetro, the country’s largest oil…
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Italian shipowners busy selling
Three Italian-related shipping firms are emerging on the market as potential sellers of two bulk carriers and one tanker. Ireland-based…
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Dae Sun wins chemical tanker order
Dae Sun Shipbuilding & Engineering from South Korea has won an order from compatriot owner HNCC for a 3,500 dwt…
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Mysterious beached tanker likely abandoned by owners
Liberian authorities have finally made comment about the Tamaya 1, a mysterious small product tanker that washed up on its…
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Business model questioned
Rarely if ever have Italian shipowners had so much introspection about their future. They describe their plight to Splash. In…
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New Delhi tells Shipping Corp of India to order ships
India’s largest shipowner should order new ships, a parliamentary panel on transport has recommended. State-run Shipping Corporation of India (SCI)…
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Chemical tanker explodes in Nanjing, two missing
A chemical tanker exploded at the anchorage area near a petrochemical terminal operated by Sinopec Yangzi Petrochemical in Nanjing yesterday.…
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