Teekay Tankers eyes eight vessel buybacks as profit sets record
US-listed owner says result is best ever in third quarter
Tankers
Odfjell predicts healthy rates ahead after posting ‘solid’ results
Spot markets softened during the third quarter but picked up in later months
NYK halfway to spending mammoth $1.3bn share buyback budget
But Japanese line’s stock is too expensive for it to reach its 85m-share target
Euronav captures tanker upturn as it buys back VLCC leased in China
The Nectar has been taken back under ownership to ‘crystallise a potential capital gain’
Norden kicks off share buybacks as lower freight markets hit quarterly result
Bulker and product tanker firm’s operating activities are feeling the squeeze
Euronav pulls dividend and earnings call as it stands at ‘inflection point’ after Frontline deal
Profit soars but earnings to be retained while sale of VLCCs to Frontline and takeover offer by CMB plays out
Turkey’s Imza Marine breaks into VLCC sector with move for much-flipped vessel
Istanbul owner lists the Gesi in its fleet, with brokers quoting a ‘soft’ price
Hayfin Capital emerges behind methanol-ready tanker newbuildings at HD Hyundai
Alternative investment fund says suezmaxes will help grow a more carbon-efficient asset base
Shipowner seeks damages over cargo links to sanctioned Russian
Tonzip Maritime brings case against Singapore-based trader after cargo was linked to oil tycoon Mikhail Gutseriev
World Bank: G7 price cap ‘unenforceable’ as Urals price rises
Growth of so-called ‘shadow’ fleet has allowed Russia to trade outside of price cap