Torm tied to seven LR1 ships in secondhand buying spree
Danish owner splashes the cash in niche segment of the product tanker fleet in deals worth nearly $240m
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tankers
Fredriksen snaps up 4.7m more Euronav shares as parties head to arbitration
Norwegian shipping magnate now controls 22.62% of all shares in Belgian tanker giant
Fredriksen snaps up 4.7m more Euronav shares as parties head to arbitration Read More »
Russia turns to older tankers, including a few 20-somethings
Poten & Partners says the age profile of ships carrying Russian oil changed significantly in 2022
Russia turns to older tankers, including a few 20-somethings Read More »
Crude tanker spot market closes out tepid week with suezmax declines and flat VLCCs
Suezmaxes lose recent gains while VLCC gains were cancelled out by declining rates out of US Gulf
Crude tanker spot market closes out tepid week with suezmax declines and flat VLCCs Read More »
Volatility predicted for product tanker market as Russian product embargo looms
Spot rates have not improved ahead of the embargo, with plenty of Russian imports and high inventories pushing a rally back
Volatility predicted for product tanker market as Russian product embargo looms Read More »