IMC, MSC and Gearbulk sell tonnage to HKC-compliant recycling yards
Alang’s ship recyclers benefit from a consistently increasing volume of green recycling deals
Tankers
Seized tanker watch: Suezmaxes detained by Iran and US re-emerge in predictable locations
The Suez Rajan is heading northwest toward what is expected to be US shores, while the Advantage Sweet is detained at Iranian port
Comment: Seizing Iranian oil cargoes is one thing divided US lawmakers can agree on
Reported seizure of the Suez Rajan breaks a lull in such actions by US officials. A bipartisan group of lawmakers is hungry for more
Blazing tanker was repeatedly de-flagged over Iran claims
The Pablo went through four names and four registries in the last two years over alleged links to sanctioned oil trades
‘Staggering’ Guyana expansion set to boost tankers as ExxonMobil adds project
US oil major set to take production to more than 1m barrels per day from South American country
Danish Ship Finance sees strongest tanker outlook for decades
Low orderbook and longer hauls are the key drivers behind positive predictions for 2023
d’Amico buys back chartered MR tanker for $17m below market price
Italian shipowner continues to take advantage of bargain purchase options in bareboat charters and leases
Brian Lee retiring as Scorpio Tankers chief financial officer after 13 years
Veteran finance man followed Robert Bugbee from the old OMI Corp, to be replaced by in-house accounting officer
Scorpio Tankers lines up monster $1bn lending to hasten lease payoffs
Company beats earnings estimates, hikes dividend and bids farewell to longtime chief financial officer
Price rises may be needed to give yards capacity for new tankers, Clarksons says
Analysts argue current slots are not sufficient to replace ageing ships and meet growing demand