Tankers
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TCC orders first newbuilds since 2018
Hong Kong’s Tai Chong Cheang (TCC Group) has signed for two LR2 tankers at Shanghai Waigaoqiao Shipbuilding, marking its first…
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Change at the top of Tankers International
VLCC pool Tankers International has announced the appointment of Charlie Grey as CEO, replacing Jonathan Lee, who will become chairman.…
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Hadjiyiannis more than doubles his money on a rusty VLCC
For tanker owners doubling their money has never been easier as VLCC values has been on the rise for months.…
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Maritime CEO Forum: Hurdles for tanker newbuilds
The buoyant tanker sector has decoupled from the gyrations of the world economy and looks set fair for this year…
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Maersk Tankers starts offering voyage management services
Commercial manager Maersk Tankers is expanding its services to shipowners with a new voyage management service. The first customer is…
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HMM to enter the ammonia trades
South Korean flagship HMM is looking to enter the ammonia trades. The company has signed a memorandum of understanding(MoU) with…
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Union Maritime seals another MR acquisition
UK-based Union Maritime has sealed its third MR purchase this year. Brokers say Union Maritime is the buyer of a…
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Modern bulkers fetch high prices
Over the weekend, brokers report two rare modern bulker deals, ships sold shortly after being circulated for sale. The price…
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SFL ships out oldest suezmax
New York-listed diversified owner SFL Corporation has shipped out its oldest suezmax tanker at a profit. The John Fredriksen-controlled company…
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UN taps Boskalis to remove oil from decaying FSO off Yemen
Boskalis’ SMIT Salvage has been tasked to remove oil from the decaying floating storage and offloading unit (FSO) moored off…
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Secondhand crude tanker values hit highest levels recorded in 15 years
Prices of secondhand crude tankers have reached their highest level in 15 years, backed by a reconfigured global oil trade…
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Sea Transport adds MR tanker
Aminu Umar-led Sea Transport, one of Nigeria’s leading tanker players, with nine tankers in its fleet, is tied by brokers…
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Panagiotidis to buy $19.5m worth of shares in Castor tanker spinoff Toro
Castor Maritime’s Nasdaq-listed tanker spinoff Toro is selling 8.5m shares for $19.46m to Pani Corp, a company controlled by its…
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Greeks dominate Russian oil exports
The tanker fleet engaged in the Russian trade post-sanctions is predominantly Greek-operated and composed mostly of older aframax and MR…
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Significant fleet expansion at Uni-Tankers
Denmark’s Uni-Tankers is pressing ahead with significant expansion of its stainless steel fleet, announcing four new time charter ships and…
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Evalend in for suezmax pair
In the tanker sector, Clarksons Research is reporting South Korea’s Hyundai Samho Heavy Industries has won an order for two…
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Missing tanker found off Ivory Coast, all crew safe
The , a Singapore-flagged bunker tanker boarded by pirates off Ivory Coast on April 10, was found over the weekend…
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Chevron and Angelicoussis Group explore ammonia shipping
Chevron is teaming up with Greece’s Angelicoussis Group to explore how tankers can be used to transport ammonia. Ammonia in…
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Cash buyers making fortunes flipping vintage tankers
The extraordinary sums paid for vintage tanker tonnage in the wake of Russia’s war with Ukraine is seeing cash buyers…
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Odfjell places its tankers under the microscope
Norwegian chemical tankers owner Odfjell has tapped Danish environmental engineering firm ReFlow to carry out a lifecycle assessment (LCA) of…
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