Large Tanker Orderbook Not as Scary as It Looks

Based on the delivery schedule of the current orderbook, deliveries of new tankers in 2017 will reach the highest ...

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ITOPF: Oil Tanker Spills See Downward Trend

The downward trend in oil spills from tankers continues, according to the latest annual statistics issued by the ...

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Report: Woori Bank Disposes of Four Hanjin Tankers

South Korea’s Woori Bank has sold four tankers owned by bankrupt Hanjin Shipping for USD 58.6 million, aiming ...

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V.Group Buys Selandia, Expands Presence in Asia

Ship manager V.Group has acquired Mumbai-based maritime services provider Selandia Holdings Pte. Ltd and its ...

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G E Shipping to Acquire Two Aframax Tankers

Mumbai-based Great Eastern Shipping Company (G E Shipping) has inked a contract to buy two Aframax crude carriers ...

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Navios Maritime Acquisition Reports above Market Earnings

NYSE-listed owner and operator of tankers Navios Maritime Acquisition has seen its net income for the third quarter ...

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Euronav's Profit Down amid Freight Rate Weakness

Antwerp-based tanker owner and operator Euronav NV has seen its net profit for the third quarter plunge to USD 0.1 ...

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Tanker Supply - A Gift and a Curse

While tanker demand dictates trade volumes and tanker routes, the volatility of fleet growth on the supply side may ...

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Trafigura Sells Five Tanker Newbuilds

Commodity trading company Trafigura Group has entered into sale and leaseback agreements for five medium-range, ...

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Euronav Orders Two Tankers, Secures Charter Deals

Antwerp-based tanker owner and operator Euronav NV has ordered two high specification Ice Class Suezmax vessels ...

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Eastern Pacific Orders Tanker Duo from Hanjin Subic

Singapore-based shipping company Eastern Pacific Shipping has placed an order for two 115,000 dwt ECO Aframax ...

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Wärtsilä to Deliver Engines for Swedish LNG-Fuelled Tankers

Wärtsilä, the provider of LNG fuel solutions to the marine industry, has received a contract to provide engines ...

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Bureau Veritas to Future-Proof Six Suezmax Tankers

Greek shipping company Dynacom Tankers Management’s six Suezmax tankers, which are currently under ...

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Scorpio Tankers Signs USD 372 Mn Loan

Monaco-based tanker owner Scorpio Tankers has entered into a a loan facility with Nordea Bank Finland Plc, New York ...

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SCF Secures Financing for Primorsk Tanker Purchase

Russian shipping major Sovcomflot (SCF) has secured a loan in the amount of USD 125 million on August 22 to finance ...

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Maersk Tankers, Wärtsilä Sign EC BWMS Order

Maersk Tankers, the tanker operating arm of the Danish shipping conglomerate Maersk, has ordered Wärtsilä’s Electro ...

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Report: SOMO Blacklists Three Crude Oil Tankers

Iraqi national company State Organization for Marketing of Oil (SOMO) has blacklisted three tankers which had been ...

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Hyundai Heavy to Build Two Tankers for Enterprises Shipping

Greece-based shipping company Enterprises Shipping and Trading has placed an order for two 158,000 dwt ...

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Ektank's New Tankers to Feature FKAB Design

Gothenburg-based shipowner Ektank’s new 18,600 dwt intermediate product/chemical tankers will be built to a ...

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Tanker Market Could See More Upside Potential in 2H

Due to rather severe summer doldrums, earnings across all tanker sectors dropped to levels not seen since ...

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Bitumen Tankers Push NewLead's Operating Revenue Up

Greece-based dry bulk carrier and tanker operator NewLead Holdings Ltd. has generated over USD 15.7 million in ...

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