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Swiss score for Frontline
Tanker giant ties up three-year VLCC deal with Transcor Astra Group.
Nanjing Tanker taps $750m war chest
Chinese tanker player on the fringe of inking $200m VLCC order as 'deep discounts' fuel fresh spending spree.
GEMC finalises tanker targets
New Taiwanese tanker venture aims to capture six VLCCs and a products carrier for $700m.
Banks back Ridgebury's IPO
Ridgebury Tankers ups the ante as UBS and Wells Fargo join Jefferies and Bob Burke on $341m road to Wall Street.
Crew lost in Korea smash
Search on for crew of fishing vessel which sank after collision with small tanker off Korea.
Fredriksen loses tanker belief
Norwegian tycoon John Fredriksen predicts pain in the pocket for shipowners over the next two to three years.
Exclusive
Jo pens tanker pair in China
New Times Shipbuilding grabs order for two long-range 1 chemical carriers from Jo Tankers.
US markets are now open
Chartering | Tankers
free news
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Three suezmaxes booked for five points less into Europe in slack market. VLCC:
Suezmax:
Aframax:
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Better demand in Persian Gulf does nothing to lift depressed rates on Wednesday. VLCC:
Suezmax:
Aframax:
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CPC of Taiwan has fixed two older VLCCs for Worldscale 10 less than modern counterparts. VLCC:
Suezmax:
Aframax:
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Arrests ‘unlikely’ in Flandre smash
Crew of Euronav VLCC await Chinese investigators after collision in “moderate” weather conditions.
Latvian passes lowest point
Historically bad products tanker market clobbers Riga owner in first half, but it sees reasons to be cheerful.
Six missing in VLCC smash
Search on for crew of Chinese ship which sank after collision with Euronav tanker Flandre off Zhejiang.
Free News
Saga Tankers ready to swoop
Arne Blystad-led tanker owner is looking to buy as soon as equity and S&P windows align.
Tokyo Gas buys into SRVs
Tokyo Gas takes minority stake in two LNG regasification ships operated by MOL and Hoegh LNG.
Wartsila in LNG switch
Finnish engine builder set to convert propulsion system on Swedish product tanker to LNG.
Navios nets VLCC cash
New York-listed Navios Maritime Acquisition secured funds to see through seven-tanker swoop.
Saga toasts ‘healthy’ market
Arne Blystad-led VLCC owner has “sound average rates” to thank for small quarterly profit.
Pertamina to spend $600m
Indonesian owner eyeing 18-ship tanker splurge as it readies massive war chest, report claims.
Costs hurt Global Carriers in Q2
Malaysian tanker owner adds tonnage but extra operating expenses and a dry-docking widen loss.
Brightoil confirms big VLCC deal
Chinese petroleum group presses ahead with $537m South Korean tanker order.
‘Unviable’ MMM slumps to loss
Troubled Malaysian Merchant Marine “pessimistic” about finding solution as first quarter turns red.
Jensen: ‘Contango will return’
Demand for VLCC storage contracts is picking up, which will help a market in which it’s best to let your crew go fishing right now, Frontline chief says.
Free News
Front dusts down its cheque book
Consolidation king John Fredriksen looks to be back on the acquisition trail with Frontline.
ITC sees profit dip in Q2
Frontline spin-off's bottom line shrinks following ship sale and debt payments.
Opec cutting crude shipments
Refinery maintenance season means slowdown for tanker cargoes to middle of September.
Free News
Profits jump at Frontline
John Fredriksen-controlled tanker player sees income jump nearly three-fold on a year ago.
Spot of bother at Golar Energy
Norwegian LNG player hurt in first half by over-tonnaged markets and higher costs.
Angelo steps up at Intertanko
Deputy chief and former USCG man to take over from retiring Peter Swift at tanker owners' organisation.
Expensive quarter for DHT
New York-listed shipowner posts Q2 loss as recruitment of new management team helps costs stack up.
SFI in $100m supramax splurge
John Fredriksen-connected company lines up long-term charters for new units and reveals drop in profit.
Camillo Eitzen saved by Bulk sale
Axel Eitzen-led gas and chemical ship owner returns to black after gain on disposal of Eitzen Bulk.
Golar ups divi despite loss
Oslo and US-listed LNG player increases dividend to shareholders with promise of more to come.
Daewoo confirms gas deal
Korean shipyard to pocket $320m for eight ethylene carriers ordered by new Singapore investment vehicle.
Flex: ‘Samsung 4 safe, for now’
Oslo-listed LNG vessel owner says Korean yard not about to axe high-price newbuilding quartet.
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- Capture Team Leader
Wärtsilä
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