A new ownership consortium with Mitsui & Co will manage the vast fleet of the 89-year-old company. Source: http://www.tradewindsnews.com

Greece needs to replace a tanker being used to pump oil from sunken Agia Zoni II. Source: http://www.tradewindsnews.com

Turkish owner’s UK high court claim against Russian oil group’s trading arm Litasco relates to alleged breach of charter agreement. Source: http://www.tradewindsnews.com

Deputy shipping minister Nektarios Santorinios says boom deployed within hours of tanker sinking; clean-up to take a month. Source: http://www.tradewindsnews.com

Aside from brief run-up in rates, impact to inventories and long-haul voyages helping tanker markets. Source: http://www.tradewindsnews.com

Emanuele Lauro-led company reports bigger than expected loss as tough market conditions persist. Source: http://www.tradewindsnews.com

Emanuele Lauro-led company reports bigger than expected loss as tough market conditions persist. Source: http://www.tradewindsnews.com

South Korean shipowner continues to stalk secondhand markets. Source: http://www.tradewindsnews.com

Government boosts role at expense of its own bureaucracy after Agia Zoni II sinking. Source: http://www.tradewindsnews.com

Tanker owner is focusing on the winter ahead as its second quarter performance held no surprises. Source: http://www.tradewindsnews.com