Pertamina invites demo offers on 40-year old MR1 product tanker
Interest in old tanker is likely to be high as lack of ships drive up prices from hungry recyclers in India
Tankers
Braemar: VLCC gains could be limited from China reopening
Broker says pandemic risks, global economic woes and refinery uncertainty could temper owner optimism
Braemar: VLCC gains could be limited from China re-opening
Shipbroker says pandemic risks, global economic woes and refinery uncertainty could temper owner optimism
Tanker owner Altera eyes growth after clinching $2bn bankruptcy restructuring
Aberdeen-based group emerges from Chapter 11 after converting $1bn debt to equity
Rise of the new tanker operators revealed in Russian oil trades
Indian, UAE and Chinese-controlled tankers have taken a bigger share of Russian crude exports
Pertamina partners with BGN on new VLGC shipowning joint venture
New joint venture will initially focus on VLGCs, but could branch out into ammonia shipping
Cosco tanker arm achieves firm rate for VLCC sale
Hong Kong and Shanghai-listed owner offloads an elderly Chinese-built vessel for further trading
‘More positive indicators than negative’ for tankers in 2023, Gibson says
Broker argues tonne mile demand and a smaller oderbook will outpace Opec+ production cuts and a sputtering global economy
‘More positive indicators than negative’ for tankers in 2023, Gibson says
Broker argues tonne mile demand and a smaller oderbook will outpace Opec+ production cuts and a sputtering global economy
B Riley predicts strong fourth quarter earnings for tanker owners
Analyst Liam Burke says companies have enough money to deleverage and return capital to shareholders