Fresh VLCC deals propel ‘Great Greek Tanker Sale’ to new highs
Asians’ insatiable thirst for tanker tonnage has pushed Greek disposal proceeds over the past 12 months to about $4bn
Tankers
Euronav strikes fleet-wide tanker optimisation deal that promises huge fuel savings
Tests indicate Belgian start-up Toqua’s system can more than double fuel savings from traditional ship performance models
DNB bullish on chemical tankers as Odfjell profit tipped to hit $474m
Investment bank says shipowner has momentum in contract renewals as the threat from clean tanker swing tonnage diminishes
Pyxis Tankers knocks chunk off interest costs with new Piraeus Bank loan
Greek shipowner says overall debt maturity will also be stretched in deal involving MR tanker
Euronav rejects three CMB board candidates as non-independent
Belgian owner recommending shareholders vote big investors John Fredriksen and Marc Saverys onto the board, however
Pelagic Partners pays out first dividend from second fund after tanker buys
Niels Hartmann and Atef Abou Merhi-owned company also reveals strong net asset value growth
CSSC’s Shanghai Shipyard revived to build tankers and container ships
The state-owned shipyard will be constructing newbuildings contracted by Shanghai Waigaoqiao Shipbuilding
Nigeria’s Dangote refinery tapped to create more tanker shuffling
Europe could need to look further afield for crude barrels, while more products will stay at home, Gibson Shipbrokers said
DHT Holdings paid a fat dividend and investors didn’t miss it
Clarksons Securities says new policy set at 100% of net income was behind 14% jump in company stock
VLCC rates dip as Russia signals 5% crude output cut in March
Producer reacts to Western price cap but analysts remain positive on tanker prospects