Tankers
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Ibaizabal Tankers joins Navig8 Suez8 pool
Spanish shipowner Ibaizabal Tankers has become the latest company to join Navig8’s Suez8 pool, entering one of its suezmax tankers.…
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Tufton Oceanic Assets grows fleet to 18 with addition of product tanker pair
Tufton Oceanic Assets has acquired two product tankers for a total of $23m, taking its fleet to eighteen vessels. VesselsValue…
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VLCC sales dominate
Tanker prices are dropping and bargains are proving tempting for many. Vintage VLCCs are still hot sales candidates and semi-modern…
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Euronav profits from suezmax sale to Seven Islands Shipping
Belgian tanker owning giant Euronav has announced the sale of 2005-built suezmax tanker . The tanker was sold for $20.5m,…
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Dee4 taps Japan for next tranche of financing
Carsten Mortensen-led Dee4 has fixed loans with Japan’s Mizuho Marubeni Leasing (MML) Corporation to finance up to three further vessels.…
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Burnt New Diamond leaves Sri Lanka and heads to the UAE
Sri Lanka has allowed the burnt VLCC to leave the country and head to the Khorfakkan in the United Arab…
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Weekly Broker: Busy days running up to Chinese holidays
It has been a busy time for secondhand purchases ahead of China taking the next few days off for its…
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Greeks back in Korea for tanker orders
Greek owners are back in South Korea with tanker orders. Hyundai Heavy Industries has won orders for four 300,000 dwt…
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Okeanis Eco Tankers secures VLCC charter
Oslo-listed Greek owner Okeanis Eco Tankers (OET) has entered into a time charter contract with an unnamed national energy company…
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Fire ravaged New Diamond VLCC set to discharge cargo at Kandla port
The burnt VLCC will discharge its cargo at an offshore oil terminal at Kandla Port Trust rather than its intended…
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O K Lim charged for forgery again
The founder of Singapore oil trading company Hin Leong was charged in court on Friday for the second time with…
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Consort Bunkers linked to Xihe tankers
Singapore’s Consort Bunkers has acquired two small clean product tanker from financially troubled Xihe Group, according to brokers. Both Advanced…
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Suezmaxes calling at Libya again
Three Libyan oil terminals at Hariga, Brega, and Zueitina have resumed operations after some eight months of blockades by allies…
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Industry pushback delays new RightShip platform
RightShip’s much trailed new Safety Score has been put on hold following extensive dialogue with the shipping industry. Splash reported…
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Ammonia-fuelled aframax project passes key milestone
A keenly watched ammonia-fuelled aframax project in South Korea has passed another hurdle today with the possibility that this new…
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Weekly Broker: Bargains to be had
Capes are seemingly poised for liftoff judging by the FFA markets this week while tanker prices have dropped to bargain…
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Nordic American Tankers orders suezmax pair at Samsung
Herbjorn Hansson-led Nordic American Tankers (NAT) has signed newbuilding contracts with South Korea’s Samsung Heavy Industries for two suezmax tankers.…
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OSM takes over management of 51 Fredriksen vessels
John Fredriksen has struck a deal to farm out management of many of his bulk carriers and tankers to one…
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Orderbook to fleet ratio now at its lowest point since the fall of the Berlin Wall
The global orderbook for all sectors as a percentage of the fleet ratio is now at its lowest point since…
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Raffles Shipping orders MR tanker pair at Penglai Zhongbai Jinglu
Singapore-based Raffles Shipping has entered into shipbuilding contracts with Chinese yard Penglai Zhongbai Jinglu Shipbuilding for the construction of two…
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