Tankers

Navios is buyer of China VLCC duo

October 20th, 20150 Navios Maritime Acquisition is the buyer of the two vessels reported sold by China VLCC yesterday, brokers tell Splash. The vessels are New Medal (297,600 dwt, built...

Team Tankers gets extra $50m in finance

October 19th, 20150 ABN AMRO has joined Team Tankers' existing loan facility as a lender alongside SEB and NIBC Bank, increasing the facility from $100m to $150m. The loan facility now...

China VLCC sells two

October 19th, 20150 China VLCC has entered into agreements to sell two of its six- to seven-year-old VLCCs to Marshall Island-registered entities for a total price of $133m. China VLCC,...

BP timecharters tanker trio

October 19th, 20150 BP has fixed a VLCC on timecharter and two LR2 tankers owned by Latsis-controlled Latsco Shipping. Latsco's sisterships King Philippos and Lady Henrietta (both...

BW Pacific readies Oslo IPO

October 19th, 20150 BW Pacific will launch an initial public offering and list its common shares on the Oslo Stock Exchange in a move to grow and consolidate its position within the product...

Teekay suezmax aground near Lisbon

October 18th, 20150 Amid very rough conditions on the Atlantic this weekend a suezmax tanker grounded near Lisbon, Portugal, just in front of a marina. The Tokyo Spirit (149,996 dwt; built...

Ridgebury to sell tanker fleet

October 16th, 20150 Ridgebury Tankers is to sell its fleet of suezmax, aframaxes and MR product tankers, keeping only its four VLCCs, brokers tell Splash. The company has formally offered...

Haifa Shipping: Tanker glad tidings

October 16th, 20150 Shenzhen Haifa Shipping, a Chinese domestic tanker operator, is ramping up its efforts in fleet expansion this year despite the overall depression in the shipping...
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