China’s Zhoushan Changhong nets up to eight LR2 tanker newbuildings worth around $530m
Delivery scheduled between 2026 and 2028
China’s Zhoushan Changhong nets up to eight LR2 tanker newbuildings worth around $530m Read More »
Different factors affect trades to Europe, South America and Asia
Chemical tanker rates from US Gulf Coast slide to low for the year Read More »
Older ships making low offers are not helping the situation
Can VLCC owners put up a fight as charterers drive down rates still further? Read More »
But brokers say price sentiment for clean carriers drifting downward
JP Morgan linked to MR disposals as buoyant tankers see ‘more sales than bulkers’ Read More »
Recent sales do not mean the magnate is hanging it up, Frontline CEO says