Frontline triumphs as eight owners vie for Brazilian VLCC cargo but rates plunge
Testing times ahead as charterers keep their cool and break owners’ resolve
Tankers
Scorpio scores financing from German bank for tanker quartet
DekaBank provides $94m in cash with commitment to fund MR and three LRs
Ridgebury Tankers is now fresh out of ships with sale of last product carrier
Connecticut shipowner more than doubles its money on MR tanker it purchased two years ago
Maxim under attack: Ridgebury Tankers executive rips poor share performance
Private company executive contrasts his strong returns to loss of share value in public owner Top Ships, a Maxim client
Old tankers switch to Iran trade as exports hit post-sanctions record
Tankers are moving between Russian, Iranian and Venezuelan trades, says Vortexa
Panama prepares purge of substandard ships in compliance drive
World’s biggest ship registry to crack down on vessels with poor safety records or ‘compromised’ history
Suez Canal Authority brings in fixed rebates for product and chemical tankers
Waterway administrator moves to attract other users but will parcel nature of this business mean ships will not qualify?
Tanker sector ‘must engage’ as Nigeria targets 977 ships in back-tax row
Lawyer Stephen Askins believes charterers could also be on the hook if government pursues claims
Cargo impasse: last VLCC leaves Ceyhan empty after three-month wait for Kurdish crude
Okeanis tanker given alternative loading port after dispute between Iraq and Turkey drags on
Legal & General dumping Cosco stock due to slow pace of decarbonisation
Move by UK investor shows real-world consequences of shipowners’ actions on climate change