October 29, 2020
Hafnia Limited announced its order for two Aframax-type LR2 vessels equipped with Liquified Natural Gas (LNG) propulsion. (more…)
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Tankers
October 27, 2020
The United States on Monday imposed fresh Iran-related sanctions targeting the Islamic Republic’s oil sector, including the Iranian Ministry of Petroleum, in Washington’s latest move...
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October 26, 2020
Brazil jumped to China’s third-biggest crude oil supplier in September, import data showed on Sunday, as China’s independent refiners scooped up cheap supplies of the...
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October 22, 2020
Performance Shipping, a global shipping company specializing in the ownership of tankers, announced that its Board of Directors has appointed Mr. Andreas Michalopoulos to the...
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October 20, 2020
Greece’s Maran Tankers has reportedly acquired three Xihe Holdings VLCC tanker vessels. (more…)
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October 20, 2020
The court-appointed manager for Ocean Tankers Pte Ltd has applied to the Singapore court to return most of the ships the company manages to the...
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October 19, 2020
The global tanker market is set for some critical capacity management in 2021-22. Weaker freight rates have sapped enthusiasm for new orders, and creaking oversupply...
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October 15, 2020
NORDEN has completed the sale of product tanker NORD ANDES to an Asian buyer. (more…)
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October 12, 2020
An Iranian-flagged oil tanker left Venezuela on Friday for Iran’s Kharg Island, Refinitiv Eikon data showed, after the vessel loaded 1.9 million barrels of heavy...
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October 12, 2020
The fourth quarter has traditionally been referred to as the strongest quarter for freight markets, with factors such as winter heating needs in the northern...
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October 6, 2020
Euronav NV announced that the Suezmax Bastia (2005 – 159,155 dwt) was sold for USD 20.5 million. (more…)
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October 5, 2020
The first of two tankers carrying cargoes of Iranian gasoline seized by the United States discharged in New York on Thursday, according to Refinitiv vessel...
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October 1, 2020
Hyundai Heavy Industries has won orders for four 300,000 dwt VLCCs from two owners worth a total of USD 360 million. (more…)
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September 28, 2020
The global tanker shipping industry is likely to find a new normal in the medium term, with sales of second-hand ships taking center stage while...
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September 23, 2020
After defying U.S. sanctions by shipping a cargo of oil condensate to Venezuela just last week, Iran is using the same ship to help the...
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