Tankers
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Indonesian shipping boss detained over bribery charges
Taufik Agustono, the president director of shipping company, PT Humpuss Transportasi Kimia, has been detained by anti-corruption authorities in Indonesia…
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BULL readies dry bulk entry
One of the fastest growing shipowners in Indonesia is readying an entry into the dry bulk trades. PT Buana Lintas…
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DHT seals new VLCC charter, while another is cancelled due to delays
New York-listed VLCC tanker owner DHT Holdings has revealed a charter for one of its VLCCs has been cancelled, while…
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What keeps me up at night
Concluding our series looking at issues shipping faces thanks to Covid-19, Graham Porter, the chairman of Tiger Group Investments, writes…
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Chemical tanker owners build pricing power
Researchers at Singapore-based Eastport Maritime are predicting chemical tanker owners are set to have greater pricing power thanks to all…
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Weekly Broker: Dry bulk on the run
The decent transaction flow in the second hand bulker sale and purchase market continued for another week with the rates…
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MOL goes on the defensive as it prepares for the post-Covid era, slashing fleet by 5%
Mitsui OSK Lines (MOL), Japan’s largest shipowner by fleet size, has issued a new business plan to cope with slashed…
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Stena Bulk to offer low carbon shipping options
Swedish owner Stena Bulk is set to offer low carbon shipping options to its customers following its recent biofuel trial…
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Performance Shipping fixes aframax to Aramco
Symeon Palios-led Performance Shipping has entered into a time charter contract with Aramco Trading Company for 2011-built aframax . The…
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Hunter Group exercises purchase options on VLCC pair with SFL
John Fredriksen’s SFL Corporation has announced that Arne Fredly’s Hunter Group is exercising purchase options on VLCCs Hunter Atla and…
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Norwegian students make machine learning algorithm breakthrough, beating the cape markets by 10%
Just how much machine learning algorithms can deliver to capesize earnings has been quantified in a landmark new piece of…
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Hafnia responds to Diamond S and Norden’s nuptials
Hafnia has passed comment on one of this week’s biggest news items – the creation of a mega MR pool…
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The future of chartering
New chartering platforms with bold transformative claims have been making plenty of headlines over the last couple of years. To…
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MISC chairman resigns less than three weeks after appointment
Malaysian national shipping company MISC has announced that the group’s chairman Tan Sri Noh Omar has resigned, less than three…
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Weekly Broker: Bulkers lead the pack
The dry bulk sale and purchase market has seen a pick-up in activities in line with the soaring Baltic Dry…
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Court approves Agritrade Resources debt restructuring
Hong Kong-listed Agritrade Resources has announced that the Supreme Court of Bermuda has permitted the board to work with joint…
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Norden and Diamond S combine forces
Two of the world’s largest operators of product tankers, Norden and Diamond S Shipping, have created a strategic partnership, DiaNor,…
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Salmar enters suezmax sector with SKS tanker acquisition
Greek tanker owner Salmar Shipping has acquired the 2003-built suezmax tanker from Norwegian owner SKS Tankers, a tanker unit of…
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Euronav lashes ‘lethargic’ international response to the humanitarian crisis at sea
Euronav, one of the world’s largest tanker operators, has hit out at the “lethargic” reaction by many governments around the…
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Aker Capital injects cash into Ocean Yield via joint venture deal
Kjell Inge Røkke’s Aker Capital, the majority shareholder of Ocean Yield, has injected cash into the shipowning company with the…
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