September 5th, 20190The merger between major offshore accommodation operators Prosafe and Floatel is raising competition concerns in the UK. While Norwegian authorities are close to clearing the deal, the Competition and Markets Authority (CMA) in the UK has been investigating the proposed deal and after completing its initial phase 1 investigation,...
August 29th, 20190Sweden’s Thun Tankers has placed an order for a 4,250 dwt product tanker at Dutch yard Scheepswerf Ferus Smit, with delivery scheduled for October 2020. The vessel will be built with a “Not Always Afloat But Safely Aground” design, and on delivery will go onto a long-term charter with UK-based Geos Group. The design enables the...
August 23rd, 20190State television in Sweden is reporting that the , impounded at the Iranian port of Bandar Abbas for the past 35 days, could be released soon. SVT reported last night, citing sources within Sweden’s foreign ministry, that the Stena Bulk tanker could be released in the next few days. The UK-flagged ship was taken while transiting the...
August 19th, 20190Italian owner Amoretti Armatori Group, controlled by the Amoretti family, have purchased two handysize tankers, doubling its exposure in this vessel size, brokers tell Splash. The active owner has shaken hands with Swedish tanker and ferry owner Rederi AB Gotland, adding the 39,000 dwt Chinese-built ships, Alice (built 2013) and...
August 16th, 20192Vancouver-based methanol shipping specialist Waterfront Shipping and Swedish shipowner Marinvest today held a naming ceremony for two landmark chemical tankers at Hyundai Mipo Dockyard in South Korea. The two 49,000 dwt ships, named Mari Couva and Mari Kokako, are equipped with dual fuel engines that are capable of running on...
August 12th, 20190With the crew of the now detained for nearly four weeks in Iran, Stena Bulk's chief executive and president Erik Hanell has written to Narendra Modi, asking the Indian prime minister to personally intervene to negotiate with Tehran. Eighteen of the 23 crew detained on the Stena product carrier are Indian nationals - and there are a...
August 8th, 20190Swedens Pallas Group has added its first crude tanker. Sales registers show Splash that Smart Energy, a subsidiary of the company, has snapped up the 114,000 dwt (built 2004), a ship sold by sold Greek owner Tsakos in June. The Samsung Heavy Industries-built ship fetched $15m. The tanker has been renamed Pallas Orust. The...
July 30th, 20196BP, the seventh largest oil company in the world, has not taken any of its own tankers through the Strait of Hormuz since a July 10 attempt by Iran to seize one of its vessels. To move its oil through the troubled region, BP has been shifting all its crude and products on chartered-in tonnage, the company’s chief financial officer...
July 29th, 20190Stena Bulk is asking Iranian authorities to get access to its impounded product tanker, , and the 23 crew onboard. The UK-flagged ship was seized on July 20 in an apparent retaliation for British armed forces arresting an Iranian VLCC off Gibraltar earlier in the month over a cargo heading for sanctions-hit Syria. Iran has claimed the...
July 22nd, 20190Iranian authorities have said the 23 crew of the detained in the port of Bandar Abbas since Friday are okay. The UK-flagged ship owned by Stena Bulk was seized by Iranian special forces while transiting international waters in the Strait of Hormuz, likely in retaliation for Gibraltar, a British sovereign territory, arresting an Iranian...
