How Europe will implement $750bn US energy purchase plan
European Commission to coordinate voluntary purchases through new buyer-seller mechanism
Tankers
Court orders US-sanctioned tanker onto the auction block
Auction will test whether a judicial ‘clean slate’ sale will override US sanctions
Teekay Tankers to up pace of vessel buying — and maybe order newbuildings
After focusing mostly on selling older tonnage, CEO Kenneth Hvid says a gradual shift is ahead
DHT Holdings locks in funding for VLCC newbuildings
Funding covers tankers being built in South Korea
d’Amico stays upbeat after sharp drop in profits
Fundamentals are solid as structural shifts favour product tankers, says CEO
Former Russian oil shipping executive sanctioned over ties to Iranian oil kingpin
US links French-British veteran to Shamkhani network
US ramps up Iran sanctions as it targets more than 60 ships in Shamkhani ‘empire’
Latest round of sanctions spans nearly 150 vessels, entities and individuals around the globe but mainly in Asia
Exploded tanker embroiled in end-of-life legal battle between owner and a scrap trader
Cash buyer Columbia Seas claims owner of damaged Fulda tried to ‘wriggle’ its way out of a deal
Swiss bank UBS wins court fight with shipowner Ghassan Ghandour over tanker arrest
Judge rules against shipowner who blames VLCC arrest on bank’s refusal to issue letter of enjoyment
Teekay Tankers adds to flurry of S&P deals as it reports posts profit dip
Market dips in third quarter so far but seasonal upswing expected