Erik Lewenhaupt plots Concordia Maritime reboot after sell-offs
CEO says future may be outside of product tankers with potential total fleet sale
Tankers
Concordia Maritime mulls further sales in product tanker asset boom
Gains for the Swedish company were limited during rates spike with most of its tankers on long-term time charters
Great Eastern could add 30 ships to fleet when time is right, Bharat Sheth says
Prices in some sectors are falling, but from elevated levels, Indian owner’s boss tells analysts
Busier Wah Kwong sees emissions almost double but efficiency improves
Hong Kong group blames bigger carbon output from vessels on more fixtures and longer hauls
DHT Holdings flips to profit as fleet continues earning premium rates
VLCC specialist continues pushing forward with scrubber programme as it posts $61.8m profit
Odfjell’s bottom line rises as company looks to higher contract of affreightment rates
Norwegian chemical tanker owner says fourth quarter capped off a year of rising rates
Iskenderun box fire contained but port remains inoperable
Seaborne dry cargo diverted to other terminals in the Gulf of Alexandretta.
Hafnia offloads LR1 tanker pair as asset prices keep rising
BW-controlled shipowner carries out more fleet renewal work with disposal of 16-year-old ships
Turkey’s Ceyhan oil terminal resumes operations after earthquake
Italian aframax tanker Vallesina has started loading crude at key Turkish terminal
Stena buying back $350m of bonds as it cuts finance costs
Luxembourg-based subsidiary of cash-rich shipowner clearing away some of its 2024 debt maturity