Tugs begin towing Cosco VLCC stricken off South Africa
Drama averted off the Wild Coast as Yuan Hua Hu heads for Durban at the end of a towrope
Tankers
Ardmore shares cool off as Torm touts ‘patience’ on strategic moves
New York-listed shipowner’s shares down in early trading following 18% gain Tuesday on M&A rumours
‘Know-your-vessels’ checks essential in US sanctions compliance, says Windward
Maritime analytics firm highlights the importance of examining vessel characteristics and behaviours
Okeanis stays close to brokers but tanker S&P on hold for now
Greek owner says market strength and coronavirus restrictions make term deals more attractive than vessel sales
Nothing but net profit for d’Amico tanker in latest tanker sale
Italian shipowner reaping benefits of paying off mortgages on older ships
Herbjorn Hansson takes a trip to the islands during interview with Norwegian TV
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Scorpio Bulkers sells Scorpio Tankers stake for $43m
Bulker owner frees up some dry powder to see it through market recovery from Covid-19 devestation of economies.
Tanker equity slide sees off Ardmore’s top shareholder
Russell Investments Group is no longer Ardmore’s largest shareholder
Euronav result ‘incredible’ but Cleaves still pessimistic on outlook
Analyst Joakim Hannisdahl says owner’s profit even better than DHT but spot rates are now falling faster than it expected.
Ocean Yield to clean up as leasing rivals pull back
Norwegian shipowner expects demand for its sale and leaseback financing to increase as competition recedes