Cash torrent set to trigger hike in Hafnia dividend payments, analysts say
Debt ratio falling as earnings pour in at Singapore tanker shipowner
Tankers
China Merchants to ink the world’s first methanol-fuelled VLCC newbuilding
The company will be paying $107.5m for the large crude oil tanker
Broker Fulford-Smith’s pay exceeds £1m as Affinity (Shipping) profit more than trebles
CEO of London shop sees total package boosted by higher earnings from tankers, bulkers, LNG and sale-and-purchase desks
OSG buys back another $15m in shares from Cyrus Capital
New York-listed tanker owner has repurchased almost 17m shares in past 15 months
Revenue surge delivers NAT another profit as third-quarter bookings signal more to come
Net income sinks from first quarter but reverses loss from a year earlier
Expat Greek ship investor’s excursion into politics catches on
Distressed asset maestro Stefanos Kasselakis is making a political investment in Greece’s ramshackle main opposition party
JP Morgan doubles down on product tanker newbuildings
Banking giant has four methanol dual-fuel 50,000-dwt MR tankers on order at GSI
George Economou returns to US capital markets with tanker play
Greek tycoon has taken a major stake in a company known for selling shares through the Maxim Group
Product tankers to get a boost as VLCC ‘cannibals’ dwindle, Hafnia’s Mikael Skov says
Smaller delivery schedule means fewer crude carrier newbuildings will be loading products on their maiden voyages, CEO argues
Frontline looking for the cracks in tanker market that’s ‘almost too good to be true’
Chief executive Lars Barstad says it is easy to paint a bullish picture for the sector