Shipowners’ appetite for newbuildings seems to be on the rise as we head into the summer. In its latest weekly report, shipbroker Allied Shipbroking noted that “this week may well have shown a slight drop in the volume of activity noted, against …
Ship owners want more newbuildings Read More »
On 7 May 2018, the Commission Implementing Decision (EU) 2018/684of 4 May 2018 amending Implementing Decision (EU) 2016/2323 to update the European List of ship recycling facilities pursuant to Regulation (EU) No 1257/2013has been published on the Offi…
The European Commission has updated the European List of ship recycling facilities Read More »
Gunvor Group, one of the largest physical energy trading companies in the world, has entered into a joint venture with Oceangold Tankers and Maas Capital to form ClearOcean Tankers, a new ship holding company. The three partners hold an equal share in …
Gunvor Group, Oceangold Tankers and Maas Capital Form ClearOcean Tankers JV Read More »
Spot rates experience best levels in months, but shipbrokers caution that gains may be short lived.
Charterer scramble boosts Med aframaxes Read More »
A U.N. monitoring group wants to enlist the help of the world’s biggest oil trading companies to enforce sanctions that cap the amount of crude and related products North Korea can import, the coordinator said.The U.N. Security Council ramped…
UN Seeks Traders’ Help Enforcing North Korea Sanctions Read More »