March 21, 2019
At least two tankers have ferried Iranian fuel oil to Asia in recent months despite U.S. sanctions against such shipments, according to a Reuters analysis...
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Tankers
March 20, 2019
AP Moller – Maersk has sold its stake in French oil and gas company Total for EUR884m ($1bn). (more…)
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March 20, 2019
Euronav has chartered a tanker to bring a 30,000 tonne cargo of low-sulphur fuel oil from northwest Europe to Malta, where its megatanker, Oceania, has...
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March 19, 2019
Vitol has agreed a total takeover of the VALT bitumen joint venture. On March 18, the Swiss-based company said it would acquire the final 50...
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March 19, 2019
Stena Bulk has made a major investment in scrubbers and before January 2020 16 units will be installed. (more…)
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March 18, 2019
Navig8 Chemical Tankers, an international shipping company focused on the transportation of chemicals, announced that it has entered into sale and leaseback agreements with ICBC...
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March 18, 2019
The Maritime Authority of Panama (AMP) has removed 59 Iranian-linked ships from its registry, ShareAmerica, the US State Department-run platform said. (more…)
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March 18, 2019
A second maritime firm has told Venezuela’s state-run oil firm Petroleos de Venezuela it would end all charter contracts with the company as a result...
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March 18, 2019
U.S. maritime officials have suspended their review of Swiss trader Trafigura AG’s application for a Gulf Coast deepwater terminal while they await additional information, a...
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March 18, 2019
VLCC: A slower week saw rates in all areas generally come under downward pressure. (more…)
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March 15, 2019
The Panama Canal Authority’s new maximum draft restriction of 45 feet, or 13.72 meters, could impede the transit of Aframaxes and Long Range 2 tankers...
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March 14, 2019
TOP Ships Inc., an international owner and operator of modern, fuel efficient “ECO” tanker vessels currently focusing on the transportation of petroleum products, announced that...
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March 14, 2019
Iran is discreetly scouring the globe for second-hand oil tankers to replace its ageing fleet and keep crucial crude exports flowing as U.S. sanctions start...
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March 13, 2019
International Seaways returned to the back in the fourth quarter of 2018, reporting a net income of USD 7 million for the period. (more…)
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March 13, 2019
“TORM’s commercial performance over the past year has continuously been among the best within its peer group. The product tanker market has rebounded significantly since...
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