Tanker News
Tanker News
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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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