MOL confident VLCC newbuilding is ‘safe’ after sailing from yard struck by coronavirus
Owner and yard say tanker was safeguarded before delivery from yard that had shut down operations to stop the spread of coronavirus
Tankers
K Line to cut 50 ships by 2025 as it takes $75m Covid-19 hit
Japanese owner wants to increase percentage of revenues from long-term business to 60%
K Line to cut 50 ships by 2025 as it takes $75m Covid-19 hit
Japanese owner wants to increase percentage of revenues from long-term business to 60%
Ocean Tankers set for hearing on judicial management
Decision time looms for two Lim family companies in Singapore High Court
FSL Trust cuts debt and keeps cash amid pandemic’s ‘rough sea’
Singapore-listed shipowner declares no dividend for the second quarter even as it stays in the black
Adnoc says joint venture with Wanhua will focus on VLGCs and product tankers
AW Shipping expected to mainly ship LPG and refined products from the UAE to China
Torm linked to LR2 fixtures amid renewed appetite from period charterers
Two 2018-built vessels are fixed to the trading arm of Saudi Aramco at $21,500 per day, according to brokers
Angeliki Frangou sees the sunshine as VLCCs bounce along the bottom
… but bearish MOL expects market to weaken because of oil demand slump and cuts in output
Tom Peter Blankestijn would be smiling today as Carnival scraps green
Cruise giant credits the late pioneer and environmental campaigners Sigurd Enge and Ingvild Jenssen for aiding its green recycling of two cruiseships
In a world full of risk, Ardmore Shipping erases one from the equation: Libor
After nearly 30 years, Anthony Gurnee and his team have gotten to know TED