BW LPG Limited announced a proposal to combine with Dorian LPG Ltd. in an all-stock transaction. Dorian shareholders would receive 2.05 BW LPG shares for each Dorian share. Pursuant to the proposed transaction, BW LPG intends to dual-list on the New Yo…
BW LPG Looks to Acquire Hadjipateras-led Dorian LPG in a Deal Worth $1.1 Billion Read More »
While the crude tanker segment is for yet another year in the doldrums, other wet segments are faring better. One such example is the the chemical tanker market, with the world’s liquid chemical seaborne trade growing at an exceptionally impressive 7% …
Chemical Shipping: A Growth Story Worth Taking a Look At Read More »
Russian crude oil exports are a critical piece of ton mile demand for the Aframax markets, and also contribut to Suezmax utilisation. The overall trend was for higher ton mile demand through the middle of 2017, but these numbers have fallen from their …
Hints of Higher Russian Oil Production Could Boost Aframaxes Read More »
In its latest weekly report, shipbroker Gibson said that “Mexico’s energy sector could be radically overhauled if the current frontrunner in the July elections wins office. Candidate Andres Obrador has indicated that major reforms will take place shoul…
Tanker Market: Is Mexico’s Oil Industry Shakeup a Factor? Read More »
In its latest weekly report, shipbroker Allied Shipbroking said that “one thing that can be said with certainty is that 2018 is all but what can be described as a stellar year for the tanker market, given the turmoil it has faced during these past five…