Tankers
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Weekly Broker: Contrasting fortunes
The dry bulk S&P market maintained a healthy volume of transactions for yet another week with increasing interests across all…
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Knutsen NYK Offshore Tankers orders suezmax for PetroChina charter
Norway’s Knutsen NYK Offshore Tankers (KNOT) has placed an order at China’s Cosco Shipping Heavy Industry for the construction of…
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Product tanker valuations nosedive
While product tanker earnings soared in the first half of 2020, sale and purchase activity in the sector has slowed…
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Sansho Kaiun orders product tanker pair at Usuki Shipyard
Japanese tanker owner Sansho Kaiun has placed an order at compatriot shipyard Usuki for the construction of two 19,700 dwt…
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BULL: Indonesia’s fastest growing owner
As of this week the fleet of fast growing Indonesian tanker owner PT Buana Lintas Lautan (BULL) will number 33…
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Indonesian shipping boss detained over bribery charges
Taufik Agustono, the president director of shipping company, PT Humpuss Transportasi Kimia, has been detained by anti-corruption authorities in Indonesia…
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BULL readies dry bulk entry
One of the fastest growing shipowners in Indonesia is readying an entry into the dry bulk trades. PT Buana Lintas…
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DHT seals new VLCC charter, while another is cancelled due to delays
New York-listed VLCC tanker owner DHT Holdings has revealed a charter for one of its VLCCs has been cancelled, while…
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What keeps me up at night
Concluding our series looking at issues shipping faces thanks to Covid-19, Graham Porter, the chairman of Tiger Group Investments, writes…
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Chemical tanker owners build pricing power
Researchers at Singapore-based Eastport Maritime are predicting chemical tanker owners are set to have greater pricing power thanks to all…
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Weekly Broker: Dry bulk on the run
The decent transaction flow in the second hand bulker sale and purchase market continued for another week with the rates…
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MOL goes on the defensive as it prepares for the post-Covid era, slashing fleet by 5%
Mitsui OSK Lines (MOL), Japan’s largest shipowner by fleet size, has issued a new business plan to cope with slashed…
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Stena Bulk to offer low carbon shipping options
Swedish owner Stena Bulk is set to offer low carbon shipping options to its customers following its recent biofuel trial…
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Performance Shipping fixes aframax to Aramco
Symeon Palios-led Performance Shipping has entered into a time charter contract with Aramco Trading Company for 2011-built aframax . The…
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Hunter Group exercises purchase options on VLCC pair with SFL
John Fredriksen’s SFL Corporation has announced that Arne Fredly’s Hunter Group is exercising purchase options on VLCCs Hunter Atla and…
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Norwegian students make machine learning algorithm breakthrough, beating the cape markets by 10%
Just how much machine learning algorithms can deliver to capesize earnings has been quantified in a landmark new piece of…
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Hafnia responds to Diamond S and Norden’s nuptials
Hafnia has passed comment on one of this week’s biggest news items – the creation of a mega MR pool…
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The future of chartering
New chartering platforms with bold transformative claims have been making plenty of headlines over the last couple of years. To…
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MISC chairman resigns less than three weeks after appointment
Malaysian national shipping company MISC has announced that the group’s chairman Tan Sri Noh Omar has resigned, less than three…
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Weekly Broker: Bulkers lead the pack
The dry bulk sale and purchase market has seen a pick-up in activities in line with the soaring Baltic Dry…
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