Performance Shipping heads to China for aframax newbuild
Greek shipowner announces $62.6m deal with Shanghai Waigaoqiao Shipbuilding Co
Tankers
Charterers forced out of hiding as VLCC rates jump 10% on western activity
Brokers and analysts note growing confidence among owners after heavy week of fixing
Trafigura banks $135m to boost tanker and bulker shipments from UAE
Trading giant taps Abu Dhabi state lender and Japan’s Sumitomo Mitsui for fresh funds
Crude producer UAE taking more Russian oil through ‘occasional’ shipments
Shipping data suggest exports to the Middle Eastern nation have been increasing
Frontline’s Barstad says consolidation is no burning issue amid strong markets
CEO believes flourishing markets reduce incentives for tanker players to pool forces
Return of China driving VLCC cargoes upwards in 2023
Tankers International analysis reports increase in cargoes for the largest tankers heading East so far this year
Al Seer confirms MR tanker newbuilding swoop for combined $85m
Abu Dhabi shipowner continues aggressive expansion in tankers and gas
‘World split in two’: Major Cyprus shipowners deplore Ukraine war
Long-term risks to shipping outweigh any short-term gains from the conflict, high-profile Cyprus shipping players warn
‘Raking in money’: Nordic American boss Herbjorn Hansson sets debt-free goal
Dividends set to double after outstanding debts are paid off, says owner
Renewal pressure: world fleet has aged 2.5 years in a decade as newbuilding slows, Clarksons says
Lower levels of scrapping also mean 14% of ships are older than 20 years