Niels Stolt-Nielsen would rather pay top dollar for newbuildings than secondhand tankers
Norwegian group’s CEO says the cost of existing vessels is now too high for more acquisitions
Tankers
VLCCs set to benefit from latest Saudi refinery investments in China, says Poten
Deal cements Middle East producer’s position as one of the key suppliers of crude oil to China for decades to come
Robert Uggla says box outlook ‘bleak’ after record profit for AP Moller Holding
CEO of the company that controls AP Moller-Maersk and Maersk Tankers has a sombre warning for the container sector
Clarksons values Stolt Tankers at $2.5bn as final IPO hurdles removed
Analysts believe demand should be substantial demand for eagerly awaited spin-off later this year
Rise of the shadow fleet set to stall despite Russian production highs
Russian oil output hits highest levels since start of the war in Ukraine, says data analyst
Altera plots CO2 shuttle tanker newbuilds after winning storage deal off Norway
Shipowner teams up with Wintershall to collect and transport gas from all over Europe
‘Strong market’: ADS declares option for 20% stake in Formosa VLCC
Norwegian investment company first bought into the 2011-built tanker last year
Hafnia’s Skov flips options to bring share sales to $16m in a month
Tanker company CEO has been cashing in on strong stock performance
Three seafarers reported kidnapped as Monjasa tanker found by French navy
Vessel located six days after it was boarded off the Republic of Congo
Monjasa Reformer kidnapping toll rises to six after tanker found by French navy
Vessel located six days after it was boarded off the Republic of Congo