Tanker News
Tanker News
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Furetank and Algoma JV takes orderbook to 10 product tankers
Swedish shipowner Furetank and Canada’s Algoma Central Corporation are expanding their product tanker joint venture with two additional newbuilds, bringing…
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Crowley and SEACOR join forces on tankers
Crowley and SEACOR Holdings, through its subsidiary Seabulk Tankers, have announced an agreement to form a joint venture that will…
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Parana river tolls cause uproar among South American nations
An ugly spat has broken out among South American nations over the use of the continent’s so-called grain superhighway, the…
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Okeanis Eco Tankers agrees $84m debt refinancing loan
Greek owner Okeanis Eco Tankers has secured a new $84m senior secured credit facility from Crédit Agricole to refinance existing…
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VLCC sales proliferate
Demand for VLCCs in Asia has surged with sales talk surrounding a string of tankers between 10 and 15 years…
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Trajectory of soaring newbuild prices divides opinion
The trajectory of newbuild prices which have soared up by as much as 50% in less than three years is…
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MOL to spend $400m buying Fairfield Chemical Carriers
Japan’s Mitsui OSK Lines (MOL) is spending $400m in an all-cash transaction to acquire the 36-strong fleet of New York-headquartered…
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Stolt Tankers reducing emissions using behavioural change project
Behavioural change startup Signol has launched a first-of-its-kind project with Stolt Tankers to further reduce shipping emissions by using Internet…
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Dubai’s Teodor Shipping sells its only VLCC
Sales registers show that Dubai-based Teodor Shipping has sold its only VLCC shortly after buying it. The 17-year-old Vatika has already…
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Uni-Tankers expands fleet with one buy and four newbuild orders
Uni-Tankers said in a statement that it would be adding the 6,043 dwt modern ECO vessel Sedat Basak to its…
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