Tanker News

TEN reveals raft of new fixtures

Tsakos Energy Navigation (TEN) has taken advantage of solid tanker charter rates and attractive long-term employment to secure new deals…

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Tune Chemical Tankers books up to four methanol-powered ships in Turkey

Rottterdam-headquartered owner and operator Tune Chemical Tankers has placed an order at Tersan Shipyard in Turkey for the construction of…

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DHT bags 2018-built VLCC for $94.5m

DHT Holdings has acquired a five-year-old Korean-built VLCC for $94.5m. The unnamed vessel is scheduled to deliver during the third…

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Recurring red flags make dark fleet easy targets for detention

Russia may well need to seek younger ships to shift its oil as many vintage ships from the so-called dark…

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Frontline offloads suezmax for $44.5m

John Frederiksen’s Frontline has sold its 2010-built suezmax tanker, Front Njord to an unnamed buyer for $44.5m. The 156,000 dwt…

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Very low water inland tanker christened in Germany as Europe prepares for another parched summer

Naval architects are having to get creative to overcome droughts plaguing inland waterways. With Europe’s rivers experiencing parched conditions over…

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Fredriksen renews attack on International Seaways board

The annual general meeting at US tanker owner International Seaways promises to be feisty as a famous investor makes his…

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Nearly a quarter of Venezuelan crude exports now heading to the US

Nearly a quarter of Venezuelan crude exports are now heading to the US, according to a new report from broker…

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Gulf Energy Maritime fleet sale gathers pace 

Aware of the elevated prices on offer, Gulf Energy Maritime (GEM) of Dubai put its entire fleet of 11 tankers…

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Altera Shuttle Tankers ships out vintage aframax for FSO conversion

Altera Shuttle Tankers has sold its twenty-year-old aframax for conversion into a floating storage and offloading (FSO) unit. The Samsung-built…

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