Quick decisions: Fredriksen and Saverys ‘entrepreneurs at heart’, De Stoop says
Euronav boss believes company will be backed by big shareholders if it has to move quickly on new opportunities
Tankers
Euronav court victory could propel Unicredit and others out of trade finance business
Italian bank had feared loss of legal protection before verdict in tanker fraud case
Low fleet growth ‘virtually ensured’: Teekay Tankers’ Mackay unworried about tanker orders
Chief executive of midsize tanker giant says newbuilding uptick will not make a dent in ‘excellent’ supply picture
Volatile tanker rates set to continue in 2023, says Torm CEO Jacob Meldgaard
Torm boss says a range of factors are behind widely swinging rates, from longer voyages to changes in refinery capacity
Okeanis Eco Tankers boosts dividend on soaring first-quarter profit
Alafouzos family company benefits big from putting most of its VLCCs in the spot market
Scorpio buys back another five MR tankers to cut debt by $119m
US-listed shipowner continues repurchase spree, while also scooping up more of its own shares
Kamco linked to sale of VLCC for 77% of newbuilding cost back in 2003
Latest deal for ageing tanker shows elevated asset values remain in place
Former Shell executive Zahid Osman takes over at VLCC owner AET
Change of leadership made to ensure continuity at MISC subsidiary
Niall Nolan steps down as Navigator Holdings’ top money man
He will be replaced on 30 June by Gary Chapman, chief executive and chief financial officer of KNOT Offshore Partners
Greece’s Ancora pulls off neat sale drive of four MR product tankers
Low-profile player cashes in more than $65m in nine months, by selling vintage product tankers