Tankers

CMES inks four VLCC newbuilds

December 14th, 20150 China Merchants Energy Shipping has fixed four of its planned 10 VLCC newbuilds. CMES has placed two ships a piece at Nantong Cosco KHI Ship Engineering (NACKS) and...

Ultrapetrol appoints new chairman

December 14th, 20150 Nasdaq-listed Ultrapetrol has appointed Eduardo Ojea Quintana to the position of chairman of the board, replacing Horacio Reyser who has resigned in order to take a...

Sinokor makes fast buck on VLCC pair

December 10th, 20150 Sinokor looks to have made the most of the spike in tanker rates with a swift sale of a pair of VLCCs. Sources tell Splash that the Korean company has obtained $35m each...

Hantong wins more German product orders

December 10th, 20150 Jiangsu Hantong Ship Heavy Industry has won an important order that stretches its orderbook potentially into the second half of 2018. German owner Ernst Jacob has...
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