Shipping’s Decarbonization Will Need Major R&D Investment

Collaboration and investment in technology development key for meeting IMO's targets

Hunter Makes It Official with DSME

DSME wins a contract for three VLCCs from Norwegian Hunter Group.

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Spotted: BW Launches Newbuilding FSRU

BW Courage launched at DSME

BW LNG, part of BW Group, has launched its newbuilding Floating Storage Regasification Unit last weekend.

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US Sanctions on Iran Bringing More Uncertainty for Tankers

VLCC

New sanctions against Iran by the U.S. create an unnecessary extra uncertainty for the tanker market.

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FSL Trust Eyes Refinancing for Tanker Duo

Vessel FSL New York

FSL Trust Management is to secure refinancing for FSL Trust’s two chemical tankers, FSL New York and FSL London.

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Besiktas Splashes Another Dual-Fuel Tanker for Desgagnés

Besiktas Shipyard launches tanker Rossi A. Desgagnés

Besiktas Shipyard launched the dual fuel chemical tanker Rossi A. Desgagnés for the Desgagnés Group.

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US Sanctions against Venezuela "Cause for Concern"

MOL vessel

Sanctions imposed by the US against Venezuela are now starting to impact shipments in the tanker market.

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Report: Norden Buys Two Secondhand Tankers

Norden vessel

Dampskibsselskabet Norden has expanded its fleet with two MR2 tankers, according to VesselsValue.

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Pakistani Scrapyards Ready to Reopen to Tankers

Beached ships

Pakistan's shipbreaking yards are ready to reopen their doors to tankers, according to GMS.

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Desgagnés Christens 1st LNG Polar-Class Chemical Oil Tanker

Desgagnés christens and launches Mia Desgagnés, the world's first polar-class dual-fuel oil/chemical tanker.

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Tanker Scrapping Highest Since 1982

Tanker

Tanker scrapping increased significantly in the first quarter of 2018.

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First Suezmax Tanker Loads at Buckeye Texas Hub

The first Suezmax tanker has been loaded at the Buckeye Texas Hub terminal following the facility's upgrade.

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TORM Adds Three MRs to Its Orderbook

TORM exercises options for the construction of three MR newbuilds at Guangzhou Shipyard International (GSI).

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Pirates Fire Upon Tanker in Gulf of Aden

Tanker thwarts boarding after being chased by pirates in the Gulf of Aden.

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Man Falls Overboard from Tanker off Alaska, Search Continues

Search efforts are continuing to locate a man reported to have fallen overboard from a tanker off Sand Point, Alaska.

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GEFO Orders Six Tankers in China

German shipping group GEFO has ordered six stainless steel chemical tankers in China.

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Report: GSI Clinches USD 150 Mn Tanker Order

CSSC Shipping, IMC Industrial ordered four tankers from China's Guangzhou Shipyard International.

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Libya Arrests Tanker due to Oil Smuggling Suspicions

Libya arrested the Togo-flagged bunkering tanker Lamar on suspicion of oil smuggling.

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Armed Pirates Board Tanker off Nigeria

Pirates armed with guns boarded a product tanker approaching the Bonny Fairway Buoy, Nigeria, on March 6.

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Dry Bulkers Worth More than Tankers and Boxships

The dry bulk fleet is now worth more than the combined value of the tanker fleet, leapfrogging containerships as well.

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Tanker Catches Fire at Vietnamese Port

A tanker docked at a Vietnamese port burst into flames following an explosion on March 10, according to Hai Phong ...

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Tankers Alarmed by Demand Shift in Fuel Oil Trade

A significant demand shift across the barrel is expected ahead of IMO's 0.5% sulphur cap in 2020.

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