Tankers
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Pyxis Tankers expands tanker fleet
Pyxis Tankers, the Greek product tanker company, has taken delivery of the , a medium range product tanker of 46,652…
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MOL buys into the world’s largest methanol tanker fleet
Japan’s largest shipowner by fleet size, Mitsui OSK Lines (MOL), is buying into the world’s most advanced methanol shipper. MOL…
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Foresight Group: Ravi Mehrotra stars on the cover of Maritime CEO
The latest issue of Maritime CEO features a well known name in Indian and London shipping circles on the cover.…
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Stena comes to the rescue of subsidiary Concordia Maritime
Stena, the parent of Stockholm-listed Concordia Maritime, has come up with a rescue package for its hard-hit product tanker subsidiary.…
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Fat cows, foolish virgins, and the snows of yesteryear
The carriage of goods by sea is one of the things that Sir Richard Branson hasn’t tried (yet) so the…
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First carbon-neutral freight offering from a pool operator completed
US tanker operator Penfield Marine, with help from Macquarie, claims to have completed its first carbon-neutral voyage via offsets to…
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Nobu Su handed another two-year jail sentence
Nobu Su, the disgraced Taiwanese shipping tycoon, was served with another two years in jail yesterday for contempt of court.…
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Tanker rebound on hold as OPEC+ fails to strike new output deal
Tanker players have been left hanging again after OPEC+ abandoned its meeting without a deal to increase oil output from…
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Euronav doubles down on ammonia fitted tankers
Euronav is proceeding with its fleet rejuvenation programme while pressing ahead with ammonia propulsion developments. The Belgian tanker giant revealed…
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Record 8% of all ships predicted to change hands this year
As much as 8% of the global fleet will change hands this year in what is turning out to be…
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Owners of TOTE Maritime lodge bid to take over OSG
American shipping could see dramatic consolidation with news that the owners of TOTE Maritime have lodged a bid to take…
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Latest court ruling puts Nobu Su back in the spotlight
A court ruling in the UK has left Nobu Su open to be pursued by creditors again as well as…
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Less than one in two ships comply with the annual efficiency ratio created by the Poseidon Principles
UK consultants Maritime Strategies International (MSI) has added annual efficiency ratio (AER) calculations used in the Poseidon Principles to its…
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Navig8 lands $100m in tankers sale and leaseback deal
Navig8 Chemical Tankers recently entered into sale and leaseback deals with Jiangsu Financial Leasing (JFL) for two 25,000 dwt stainless…
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K Line apologises for second hacking incident this year
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has suffered its second serious hacking incident of the year, a further…
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Aurora and GSB Tankers establish Asian chemical tanker venture
Aurora Tankers, a wholly owned subsidiary of the diverse IMC Industrial Group (IMC), has formed a strategic partnership with Golden…
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Proman signs for two more methanol-powered newbuildings
Methanol champion Proman has finalised an agreement to build two additional 49,900 dwt methanol dual-fuel MR tankers, bringing its total…
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Can tanker owners hope for a better second half performance?
While the spot market languishes, the timecharter market hints at increased optimism, writes Tim Smith, MSIThe tanker market continues to…
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Navig8 declares purchase option on another Ocean Yield chemical tanker
Navig8 has exercised an option to buy the 2016-built 49,000 dwt chemical tanker , currently on a long-term charter from…
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Pertamina sets aside $4bn for fleet rejuvenation
Indonesia’s state-run energy giant Pertamina has created a new shipping division and allocated $4bn to buy new ships and upgrade…
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