VLCC rates climb again as Middle East volumes hold firm
Saudi Arabia is due to cut production next month to bolster oil prices
Tankers
Counter-cyclical Greeks pounce on capesizes as bulker values wobble
After profitable tanker sales, Chartworld Shipping is linked to the acquisition of a six-year-old Chinese capesize
Counter-cyclical Greeks pounce on capesizes as dry bulk values wobble
After profitable tanker sales, Chartworld Shipping is linked to the acquisition of a six-year-old Chinese capesize
Turkish shipbuilding steps up a gear with Tersan tanker order
Methanol-fuelled chemical vessels will be the biggest tankers to be built in Turkey in several years
Monjasa buys product tanker double in ‘challenging’ S&P market
Capture of Swedish and Singaporean ships will boost bunkering capability in West Africa and the Middle East
Nimbler Uni-Tankers seals massive turnaround with record profit
Danish product tanker player says streamlining measures and strong markets have filled its coffers
Russian crude cargo arrives in Pakistan after deal struck
UAE and Marshall Islands-owned tankers are set to discharge Urals crude this week as Russia opens new market for its oil
VLCC rates spike 31% as tonnage lists shorten in busier market
Modern vessels are earning more than $50,000 per day but US inventory stocking could cloud the horizon
Hannisdahl brings in Nordea’s Flem ahead of Gersemi shipping fund launch
Norwegian shipping investor adds vessel finance executive from Nordea
Lack of orders means tanker market faces tonnage shortfall, warns Gibson
Sector may find itself in a similar situation as the oil industry, with a lack of supply to meet existing demand