Vitol fixture of Chinese VLCC pushes rates higher as brokers see ‘levelling’ of hot spot market
Holding out for higher rates may be costly to tanker owners
Holding out for higher rates may be costly to tanker owners
CEO says shipowning unit is hunting for partners for its orders
Hanwha becomes a shipowner that won’t compete with shipowners Read More »
UK owner is paying $113m for specialist ship after debt reduction
KNOT Offshore buys shuttle tanker at knock-down price Read More »
Anhui Zhongrun Heavy Industry bolsters its tanker slate
Greek owner splashes out on product tankers as Chinese yard reels in up to seven ships Read More »
Resumption of Strait of Hormuz flows is not a foregone conclusion, analyst says
‘Perpetual conflict’ cloud hangs over return to normal oil flows in Hormuz, TP ICAP says Read More »