tonnage
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Port News
VLCC asset prices defy gravity as five-year-old tonnage trades above newbuild contracts
The Hormuz crisis has broken the tanker market’s age depreciation curve entirely, with five-year-old VLCCs now trading above the price…
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Port News
Schoeller books more MPP tonnage in China
Cyprus-based Schoeller Holdings has continued its long-running ordering streak in China, booking two multipurpose heavylift vessels at CSSC Huangpu Wenchong…
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Port News
South Korean owners turn to Chinese yard for new boxship tonnage
South Korea’s Namsung Shipping and Dongyoung Shipping have turned to China for new tonnage, placing orders for four containerships at…
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Maritime News
The Swedish Club Reports 99% Retention, Increased Tonnage at 2026 Renewal
The Swedish Club (TSC) has concluded its 2026 P&I renewal with a 99% retention rate.Over the past 12 months, The…
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Port News
Venezuela crisis widens gap between mainstream and grey tonnage
The extradition of Venezuelan president Nicolás Maduro to the United States has sent fresh ripples through tanker markets, not because…
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Port News
DHT trims vintage tonnage with twin VLCC sale
Supertanker specialist DHT Holdings has struck a deal to sell two of its three oldest VLCCs, continuing a steady refresh…
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Port News
Nordic American Tankers trims old tonnage ahead of newbuild push
Nordic American Tankers has booked a healthy profit from the sale of two older suezmax tankers as the company presses…
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Port News
Capesize rates charge past $40,000 a day as tonnage tightens across basins
The capesize market is ending the year with a burst of momentum rarely seen outside cyclical peaks, as tightening tonnage…
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Port News
Taiwan tightens noose on high-risk tonnage
Taiwan is amending its Law of Ships regulations with a view to fining ship operators up to NT$10m ($318,000) for…
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Port News
Hafnia trims ageing tonnage with four-ship sale
Product tanker heavyweight Hafnia has moved ahead with a fresh round of fleet trimming, selling four older MR tankers as…
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