Sundt family sells chunk of Hunter after banking VLCC sales cash
Siblings cut their stakes in shipless Norwegian company to 2%
Tankers
Euronav in limbo as Fredriksen equals Saverys family’s blocking stake
Tycoon spends another $74m on rival tanker owner’s stock, leaving Belgian company in a three-way stand-off with management and CMB owners
Investors bet on long-term shift out of Russian oil trades
Changes to European security policies are set to lift tanker prospects for years to come
‘Alternative’ ship finance matures, but is cut-rate pricing a risk?
Non-traditional sources of finance are becoming a staple of the industry, but are these new players storing up problems for the future?
Karpowership inks deal with Ukraine to explore floating electricity supply
Companies mulling siting units off Moldova or Romania for link up with Ukrainian grid
Torm confirms LR1 buys, snatching seven ships for $233m
Danish owner nearly doubles its LR1 fleet
Venezuela faces long road back as it freezes crude exports for contractual reviews
Shipbroker believes the country is as far away as ever from being a growing source of tanker demand
Chinese buyers snap up chemical tankers in more subdued markets
Analysts note rate softening this year, but fundamentals looking good for another uptick
Hunter says ‘stay tuned’ for next move as it reveals final profit from VLCC fleet
Norwegian group plotting further shipping investments after useful fourth-quarter earnings
Russian crude transfers hit high in Mediterranean as Europe cracks down
Chinese and Dubai-based operators dominate trade off Mediterranean locations in new-look Russian trades