Dec 30, 2024 · Their sales follow the offloading of suspected shadow fleet VLCC the 299,000-dwt Amor (built 2000), which on 23 December became the first VLCC reported as being sold for …

Nov 28, 2024 · “Our demand forecast for both sectors is an increase of 2.5% to 3.5% in 2025, but the product tanker market will have to contend with faster growth of the fleet and supply,” …

Nov 29, 2024 · Clarksons also reports that in January and August, a Singapore company called Sinopacific E&C signed deals for two 4,000-dwt PSVs due in 2067 and 2027 from Nantong …

Nov 26, 2024 · That was down from more than 10 in 2021 and 2022 and no year over the last decade saw more than 15 VLCCs scrapped, save 2018 when the figure hit 35.

Sep 2, 2024 · The last AIS update showed the ship heading south on Sunday towards the Bab-el-Mandeb strait. Clarksons and Equasis list the owner as Blue Lagoon Commercial Enterprises, …

Dec 20, 2024 · China and Sweden board bulker suspected of Baltic cable ‘sabotage’ Chinese flag state officials investigate immobilised panamax, with Swedish authorities in ‘observer’ role

2 days ago · Read the key news headlines covering the global shipping business.

Oct 17, 2024 · The British government sanctioned 18 tankers and four LNG carriers on Thursday with its largest package of designations yet to target the Russian shadow fleet.

Jan 7, 2025 · Cosco shares fell as much as 4.4% in Hong Kong on Tuesday, more than the city’s benchmark stock index. Cosco companies were sanctioned by the US in 2019 for carrying …

Oct 4, 2024 · The stock closed at $33.22m in New York on Thursday, up 2%. Oaktree’s Torm share sales have not always been so smooth. Second attempt. In December 2023, it managed …