North Sea Port Ready to Invest in Hydrogen as Fuel

North Sea Port is looking to invest in hydrogen as marine fuel when time comes.

Hunter Group Orders One More VLCC to Feature Scrubber

tANKER

Hunter Group to buy one additional 300,000 dwt VLCC newbuilding from DSME.

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DHT Extends Charters for 2 VLCCs to Be Fitted with Scrubbers

Tanker

DHT Holdings extended time-charters for two of its VLCCs to an unnamed oil major.

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Tanker Market to Benefit from Iranian Sanctions

Euronav tanker

Euronav pointed to three caveats to a more positive outlook for the tanker market.

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Okeanis Eco Tankers to Get Funds for Two VLCC Newbuilds

tanker

Okeanis Eco Tankers secures firm commitments for 2 secured loan facilities to finance its VLCCs.

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One More MR Unit Joins Maersk Tankers

Maersk Cayman

Maersk Tankers added Maersk Cayman, a new MR product tanker, to its fleet on October 26.

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TOP Ships Agrees 3-Year Charter with Clearlake

Tanker

TOP Ships has agreed a time charter deal with Clearlake Shipping for one of its product/chemical tankers.

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Odfjell Adds New Tanker to Its Fleet

Bow Precision

Odfjell expanded its fleet with a new chemical tanker, Bow Precision, on October 17.

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ASCO, Columbia Shipmanagement to Create Tanker JV

Handshake

Azerbaijan Caspian Shipping Company is to set up a new joint venture with Columbia Shipmanagement.

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Daitoh Trading Tied to Orders for Five Tankers

Tanker

Japan's Daitoh Trading linked to orders for five chemical/product tankers with compatriot builders.

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NAT's Tanker Rates Witness Strong Upswing

Tanker

Tankers have recently experienced a strong recovery in the spot market, which tripled from just a few months back.

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AET Names LNG Dual-Fueled Aframax Pair

Tanker

AET has named its first two LNG dual-fuel Aframax tankers.  

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Drewry: Tight Supply to Keep Oil Prices Up in Q4

tanker

Oil prices have already started to rise ahead of US sanctions against Iran.

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Venezuela Seizes 150 Kg of Cocaine from Tanker

Cocaine aboard tanker José Progress

Venezuela seized around 150 kilograms of cocaine from the 47,018 dtw chemical tanker José Progress.

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Asphalt Tanker Suffers Engine Room Fire off Nantucket

Disabled Hong Kong-flagged tanker Feng Huang AO

Engine room fire disables Hong Kong-flagged asphalt tanker off Nantucket Island on October 5.

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Kim Heng Offshore & Marine Buys Oil Product Tanker

Tanker

Kim Heng Offshore & Marine Holdings Limited has completed the purchase of Angel Sun, an oil product tanker. 

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Nordic Shipholding Breaches Loan Covenants

Tanker

Nordic Shipholding A/S has breached some of its loan covenants amid market woes.

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Erik Thun Takes Delivery of Third LNG-Fueled Tanker

tanker

Swedish Erik Thun Group has taken delivery of M/V Thun Venern, a product/chemical tanker newbuilding. 

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Trafigura Concludes Charter Contract for TNG's Dalmacija

Tanker

Trafigura terminates a time charter contract for Dalmacija with Tankerska Next Generation.

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30 Pct of Shipowners Won't Be Compliant with Sulphur Cap

Tanker

OPEC expects a significant level of non-compliance with the 2020 sulphur cap.

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Interview: Any Light at the End of the Tunnel for Tankers?

MSI's Tim Smith reveals when to expect the tanker market to start sailing on the recovery path.

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Uljanik Plovidba Secures Debt Relief for MR Duo

Money

Uljanik Plovidba agrees to refinance two MR tankers after securing a discount with lenders.

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