Tankers
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Neda Maritime orders LR2 tanker pair at Daehan
Greek owner Neda Maritime, controlled by the Lykiardopoulos family, has placed an order at South Korean yard Daehan Shipbuilding for…
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Fire rips through repair yard in Indonesia
A ship in dry dock at Indonesian repair yard caught fire this morning in a dramatic accident that saw the…
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Scorpio Bulkers offloads $42.8m worth of Scorpio Tankers shares
Emanuele Lauro’s Scorpio Bulkers has raised funds by selling 2.25m shares in sister company Scorpio Tankers. Scorpio Bulkers sold the…
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Kader Shipping bags aframax
Dubai-based tanker owner Kader Management and Shipping has acquired the 2000-built 105,900 dwt aframax tanker , a ship managed by…
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Medcare Shipping snaps up handysize tanker from Unicorn Shipping
Greek shipping company Medcare Shipping, headed by Vincenzo Morfini, has grown its fleet to five vessels with the acquisition of…
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Just one Greek newbuild order registered throughout April
Emblematic of the tough times ahead for shipbuilders, especially from South Korea and Japan, it has emerged that Greek owners,…
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Hess charters VLCC trio to store 6m barrels of shale oil
New York-headquartered oil and gas driller Hess Corporation has taken the unusual move of chartering three VLCCs to store oil…
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Euronav confirms VLCC sale
Belgian tanker operator Euronav has announced the sale of its 2005-built VLCC , confirming a report from Splash last month.…
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Master diverts Singapore-bound aframax to India, citing mental strain from prolonged working hours
Splash has learnt that the master of a ship under third party management has diverted for India, citing the mental…
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Marinakis tipped to have taken Ridgebury suezmax pair
As is often his way Bob Burke looks to have offloaded a brace of tankers at the latest peak of…
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Weekly Broker: Plunging volumes and asset prices
The prolonged uncertainties brought by the coronavirus have sent asset values in the sale and purchase market on a downward…
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Onex takes two Eastmed VLCCs
UAE-based oil trader and storage specialist Onex has emerged as the taker of two vintage Eastern Mediterranean Maritime (Eastmed) VLCCs.…
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Scorpio Tankers seals new credit facilities, delays scrubber installations
Monaco-based Scorpio Tankers announced in its last quarterly report that it has obtained new finance from its banks. The Emanuele…
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Navios Maritime Acquisition seals sale and leaseback for four product tankers
Navios Maritime Acquisition has entered into a $76.7m sale and leaseback arrangement with unrelated third parties in order to refinance…
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Chinese manufacturer to deliver crude floating storage units
With storage options for cheap crude filling up fast both on land and across a record number of tankers, one…
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Dynacom declares suezmax option at New Times
Greek owner George Procopiou’s Dynacom Tankers has declared an option for the construction of a 158,000 dwt suezmax tanker at…
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Near complete Brazilian tanker newbuild sinks at pier
An unfortunate tanker newbuild, named after a Brazilian nun, whose ownership has never been consecrated, is now sitting on the…
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PB Tankers survives with Pillarstone swooping for four of its tankers
Pillarstone Italy is further increasing its fleet of vessels under the control of its fund, Finav. The latest deal was…
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UK asset manager builds Euronav base
UK asset manager M&G has now built up a 5% shareholding in Euronav, the Belgian tanker giant revealed today in…
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Transocean behind acquisition of d’Amico and Glencore tanker
The MR2 tanker , which was announced as sold by d’Amico and Glencore joint venture Glenda International Shipping, is bound…
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