Tanker News

Hunter offloads entire VLCC fleet for $383m

Norway’s Hunter Group has sold its entire fleet of four very large crude carriers (VLCCs) for $383m. The Oslo-listed firm…

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HMM takeover speculation resurfaces as SM Line ups stake

SM Line has spent $646m bolstering its stake in fellow Korean liner HMM, sparking further conjecture of a takeover. HMM,…

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Jens Martin Jensen leaves John Fredriksen’s Seatankers for second stint at Athenian Holdings

Jens Martin Jensen has left shipping magnate John Fredriksen’s Seatankers Management and rejoined Kyriakou family-controlled Greek shipowner Athenian Holdings as…

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Shipping shown potential fuel cell retrofit pathway

Norwegian fuel cell developer TECO 2030 launched yesterday a hydrogen-powered tanker concept, Hy-Ekotank, together with partners Ektank, Shell Shipping and…

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American Shipping Company clinches long-term employment for tanker pair

Aker-dominated owner of Jones Act compliant tankers, American Shipping Company (AMSC) has struck a long-term bareboat charter deal for two…

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Tufton Oceanic Assets swoops for another product tanker

Tufton Oceanic Assets has expanded its tanker portfolio with another product tanker acquisition. The London-listed fund said the product tanker…

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Greece’s tanker spat with Iran takes a twist with latest court ruling

A Greek appeal court on Wednesday overturned an earlier court ruling that allowed the confiscation by the United States of…

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Nordic American Tankers sells off ageing suezmax

Nordic American Tankers (NAT) has now sold the last of its 2002-built suezmax tankers, Nordic Moon, as part of an…

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Euronav takes full control of two giant FSOs

Euronav has bought out International Seaways’s holdings in two FSOs. The two converted ULCCs, the FSO Asia and FSO Africa,…

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Greek owners decry sanctions

It was a case of standing room only at a packed room at the Astir Palace for the final session…

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