Tankers
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New benchmark set with sale of Norwegian VLCC
The sale of a Norwegian-flagged VLCC has set a new benchmark as tanker values continue to climb. The Korean-built, eight-year-old…
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Secondhand ship prices and sales volumes scale heights
Secondhand tanker and bulker prices are at highs not seen for more than a decade, with owners scrambling for all…
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Joint investigation points to identity of tug owner involved in Tobago oil spill
In the hunt to find the owners of a tug and a barge responsible for one of the Caribbean’s worst…
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Trafigura inks debut VLCC orders
One of the world’s largest charterers, Trafigura, is addressing the market shortage of modern supertanker tonnage by signing up to…
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DHT orders four VLCC newbuilds from South Korea
New York-listed tanker giant DHT Holdings has entered into agreements to build four very large crude carriers (VLCCs) in South Korea with…
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Eastern Pacific uses up options for LNG dual-fuel tankers and ammonia-powered bulkers
Singapore-based Eastern Pacific Shipping (EPS) has placed an order for two LNG dual-fuel oil tankers and four ammonia dual-fuel bulkers…
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Indian-classed fleet more than doubles since Putin’s full-scale invasion of Ukraine
In the two years since Russia’s full-scale invasion of Ukraine, the number of ships classified as shadow or dark has…
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Tobago oil slick spreads more than 800 km west
Heavy fuel bunker oil leaking from a mysterious 48-year-old capsized barge off the coast of Tobago has spread hundreds of…
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China, Japan and Greece in a league of their own in latest shipowning charts
Which nation has the world’s most valuable commercial fleet? Two of shipping’s best-known data providers cannot agree. VesselsValue yesterday unveiled…
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Grey fleet set to become darker: BRS
Luxembourg-headquartered broker BRS has warned the grey fleet is likely to become darker as more focused sanctions squeeze Russia’s export…
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Records tumble for vintage suezmax prices
Tankers that in previous cycles would have become extinct are being pressed into action for ever longer periods with valuations…
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Great Eastern takes Ardmore MR
Last week, Great Eastern Shipping revealed that it had expanded its fleet with an MR product tanker acquisition. Now broker…
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Images emerge from Houthi escalation of attacks on shipping
The missile attack by Houthi militants on the Rubymar, a ship carrying a cargo of fertilizer, has led to an…
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Russia’s Sovcomflot hit by US sanctions
Russia’s Sovcomflot and 14 tankers linked to its operations have found themselves on the US sanctions list as part of…
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Euronav orders dual-fuel bitumen tanker pair
Belgian tanker giant Euronav has ordered two dual-fuel 17,000 dwt bitumen tankers from a Chinese shipyard. The vessels will be…
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Evalend orders Korean VLCC brace
The fleet rejuvenation programme at Kriton Lendoudis-led diversified owner Evalend Shipping is accelerating. The company has rapidly built up one…
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How world shipping has transformed in the two years since Russia’s full-scale invasion of Ukraine
Saturday marks two years since the full-scale invasion of Ukraine, a war that has dramatically changed the global seaborne map,…
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Houthis vow to escalate attacks
Despite multiple strikes against Houthi positions in Yemen this week there has been no let-up in ship attacks. A Palau-flagged…
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Shipping in the Year of the Dragon: Tankers
More than healthy earnings are on the cards for tanker owners in 2024. The latest installment in Maritime CEO’s annual…
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Teekay Tankers makes move on its final eight leased ships
Teekay Tankers has set to wrap up its vessel buyback programme having agreed to take back eight and final remaining…
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