Despite spot weakness, the world’s largest crude shipping firm has reportedly time chartered out an eco-VLCC for a year at $37,500 per day
Euronav VLCC period deal shows underlying confidence in market Read More »
Chinese state conglomerate says group revenue and profit grew in January-June despite macroeconomic uncertainty
China Merchants Group boasts first-half profitability in rare financial disclosure Read More »
Middle East Gulf may become a no-go zone for operators of vessels with British interests because the government has too much on its plate and too few resources to offer protection
Crew safety must come first amid UK-Iran tanker standoff Read More »
Industry consensus is that spreads will widen from late 2019 as some players shrug off recent volatility
Preparation for IMO 2020 prompts wide price swings in bunker markets Read More »
Wartsila and Alfa Laval report lower scrubber sales amid uncertain investment return and limited installation capacity
Scrubber frenzy fizzles out as owners consider financial benefits Read More »