Former US Shipping Corp tanker that nearly grounded on Malta heads for the scrapyard
Elderly steam-powered chemical tanker Chem P is among nine demolition sales reported over past week
Tankers
Nigeria force majeure declarations latest setback for suezmax market
Strikes at oil terminals in the West African country pushes ExxonMobil to declare force majeure at four oil terminals
US fires warning shot over Russia price cap breaches
Office of Foreign Assets Control highlights tactics of AIS spoofing and false documents to disguise trades
Ridgebury Tankers down to three vessels after turning $19m profit on suezmax
Bob Burke-led outfit continues to monetise investments amid strong sentiment for secondhand tonnage
Bulker outlook may be clouded by droughts as El Nino looms
World weather pattern swinging towards warmer temperatures, experts believe
UK warns of oil cargo seizures over Russian oil mixing
Government urges industry to carry out proper due diligence to ensure a ban on Russian oil imports to the UK is not breached
Period rates prosper as Gunvor and Saudi Aramco move for product tankers
Navios and Chinese lessors among the names fixing out vessels in strong clean markets
Fearnley Securities raises product tanker estimates ahead of ‘superb’ second half
Analysts say earnings are holding at much stronger levels than expected
Western shipping increasingly ‘confident’ in lifting Russian oil, despite price hike
Shipbroker Gibson warns owners are entering ‘grey zone’ of compliance as prices rise
Uni-Tankers expands stainless-steel fleet with ship purchase and charter deals
Deals comprise purchase of chartered-in ship long-term charters for newbuilds and existing tonnage