Watsa’s Seven Islands more than doubles money in 22-year-old suezmax sale
Indian owner cashes in on veteran vessel acquired a little over two years ago from Ridgebury Tankers
Shipbroking
Shipowners ‘grossly over-estimating’ effect of slow steaming on CII, Clarksons warns
Shipbroker says speed reductions will not necessarily boost fuel efficiency compliance
Rejected tankers now being snapped up as rate setback fails to deter buyers
Shipbrokers say secondhand demand is holding up and those vessels spurned earlier are now back on the table
High value of five-year-old ships is ‘classic’ sign of market health, Clarksons says
Average of secondhand tanker, bulker and boxship asset values at 13-year high, UK shipbroker calculates
Hankuk Carbon fire: ‘Lead time to production restarting’ key for LNG newbuildings
Shipbroker Affinity LNG rates the potential effects of incident from ‘negligible’ to “serious” for on-order vessels
HMM boosts product tanker fleet with Singapore raid
South Korean owner adds modern vessel in deal with Pacific Carriers
Maersk Tankers sells legacy Brostrom vessel at second attempt
Prices holding up as Danish owner finds new buyer for small tanker six months after previous sale was reported
Clarksons doubles down on green transition with recruitment of DNV’s Tutturen
UK shipbroker says industry heavyweight will focus on CO2 transport issues
Clarksons’ Sea/ expands again with MarDocs acquisition and Marcura alliance
UK vessel-fixture platform snaps up charter management service from Marcura
Record aframax period rates spurring order rush as price rises slow
But broker BRS says more muted charter deals for VLCCs and suezmaxes may be holding back ordering in those sectors