It is unclear if the latest Strategic Petroleum Reserve release will raise tanker markets the way last year’s did
US tapping oil reserves again while questions remain on tanker market impact Read More »
Sale talk comes just after company said it might sell the rest of its dwindling fleet
Fleet sale near done? Concordia linked to $90m deal to sell tanker trio Read More »
Index may see further losses as a result of more vessels possibly being in Atlantic basin, broker says
Oversupply and seasonality fuel 29% slump in capesize bulker rates in one day Read More »
South Korean shipping company HMM announced it has ordered nine 9,000 TEU containerships capable of running on cleaner burning methanol.The $1.12 billion newbuild contracts were signed with South Korean shipyards Hyundai Samho Heavy Industries (HSHI) a…
HMM Orders Nine Methanol-fueled Containerships Read More »
Germany’s Jacob Shipping group divests its clean product tanker fleet in a deal that has been brewing for some time
Navig8 snaps up familiar product quartet from German shipowner Read More »