Tankers
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BMZ Group buys more secondhand products tankers
Istanbul: Turkey’s BMZ Group is planning to spend around $180m on up to 10 products tankers. BMZ has just paid…
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Saga Tankers risks delisting
Oslo: Øystein Stray Spetalen, one of Norway’s most successful investors, has ignored a deadline to change the shareholding of a…
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Vik slips away from KNOT
Oslo: Arild Vik is leaving his position as chief executive and chief financial officer of Aberdeen-based KNOT Offshore Partners. “On…
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KOTC signs large repair deal with ASRY
Dubai: Kuwait Oil Tankers Company has signed a comprehensive drydocking agreement with Bahrain-based Arab Shipbuilding & Repair Yard Company (ASRY).…
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Libyan tanker freed after no weapons found onboard
Cairo: A tanker diverted by the recognised Libyan government has been released from the port of Tobruk after no weapons…
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Celsius Shipping: New sector mulled
Copenhagen: Celsius Shipping is looking to diversify and is keen to invest in new tonnage this year. Celsius acts as…
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Libyan government diverts tanker carrying fuel oil to rebels
Cairo: A product tanker carrying fuel to Libyan rebel forces has been diverted by the country’s recognised government, which threatened…
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New Jinhang Shipping: Chemical bet
Chongqing: Heeding Beijing’s call to develop shipping on the Yangtze River, hundreds have entered the world’s third longest river with…
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Mediterranea di Navigazione: Seeking solace from niches
Ravenna: “What we are experiencing is a degeneration of the market caused by several factors, not only by investment funds”.…
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Sinotrans Shipping finances Nanjing Tanker vessels
Hong Kong: Hong Kong-listed Sinotrans Shipping has announced that it has inked a $37.7m loan deal with Bank of America…
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Vega Ships Management: New sectors eyed
Dubai: Vega Ships Management (VSM) is looking to go beyond its traditional tanker roots into other domains. Founded by Capt…
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Shinyo International: Golden times for VLCCs on the horizon?
Hong Kong: Genial Fred Cheng is in a slightly frustrated mood when meeting with Maritime CEO. For a long time,…
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Maritime CEO 400: Mixed outlook for tankers
Singapore: Concluding our week-long archive ruminations to celebrate passing the 400-interview mark, Maritime CEO today turns its attention to what…
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Kaptanoglu Holding: Is the current supply/demand imbalance the new normal?
Istanbul: Is the current supply/demand imbalance across many shipping sectors the new normal? That’s the question posed by Sadan Kaptanoglu,…
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Concordia Maritime: Products sector “fragile”
Gothenburg: The product tanker market is becoming ever more “fragile”, says one of the sector’s leading players. Kim Ullman, ceo…
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Alterna Capital: “Volatility will create attractive exit opportunities”
Wilton: In the news this week once again is Alterna Capital Partners. The US private equity firm was revealed as…
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Borealis Maritime: Buy low, sell high
London: Contrary to much positive sentiment earmarked for rates in the second half of this year, the founder and managing…
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Zesheng Shipping: Ready for takeoff
Chongqing: Among thousands of old ships on China’s Yangtze River, Zesheng Shipping’s modern tankers in eye-catching yellow and red colors…
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Lyras Shipping: Back with product tankers
Athens: With parties at this year’s Posidonia already in full swing, Maritime CEO catches up with part of the Lyras…
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Almi Tankers: Riding out the storm
Athens: In the CEO’s hotseat for nearly nine months now, Captain Stylianos Dimouleas, who heads up Greece’s Almi Tankers, is…
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