Insurance costs cloud product tanker outlook as Strait of Hormuz opening looms
Implications of refinery damage also making for a more complicated picture than in crude sector
Tankers
Hunter Group takes VLCC charter battle to arbitration
Norwegian company says unpaid hire has spiralled from $8.3m to more than $28m
Great Eastern moves for product tanker in latest sale-and-purchase deal
Serial buyer and seller adding 2015-built ship to fleet
Eastern Pacific Shipping exits chemical tankers with fleet sale
Ace and Womar have bought seven vessels each
GMF VLCC fixed for a year as term rates hold up in rising spot market
Twelve-month deals hovering not far from spot rates as South Korean owner takes cover
Ardmore doubles up on tanker newbuildings while adding more options
Product carrier specialist could see Wuhu Shipyard series reach six MR ships
India’s Essar inks $500m deal to keep crude flowing to UK refinery
Operator taps Abu Dhabi trader for imports
Shipping investor piles into dry bulk and offshore while cutting tanker and container exposure
BlueYield invested $3.3m from April to June
Navios Partners linked to rare LR1 tanker sale as Frangou buys up stock
Midsize product tankers gain in popularity on the secondhand market
First laden VLCCs leave Iran as US blockade shows signs of softening
Local sources and vessel trackers suggest a growing number of vessels are going in and out of Iran