Greek owner cashes in on aframaxes as sweet asset plays become habit for Avin
Profitable Greek tanker selling makes headlines for Vardinoyiannis family company in yet another week
Tankers
Iran aims for record crude exports despite sanctions
Parliament approves budget with crude exports at highest levels since the start of Donald Trump’s ‘maximum pressure’ campaign
Restis switches newbuilding focus back to suezmaxes at Daehan
After a string of MR newbuilding deliveries, Greek owner renews its fleet with a sprinkling of suezmaxes
Restis clan switches newbuilding focus back to suezmaxes at Daehan
After a string of MR newbuilding deliveries, Greek owner renews its fleet with a sprinkling of suezmaxes
G7 to review price caps in March as new upheaval looms
Discussions over levels for new cap on Russian refined oil exports as Europe tries to put squeeze on Moscow
Newbuilding order volumes down almost 40% in 2022, says Clarksons
However, more complex ships meant the value of orders was up 6% to $124.3bn
Torm tied to seven LR1 ships in secondhand buying spree
Danish owner splashes the cash in niche segment of the product tanker fleet in deals worth nearly $240m
Fredriksen snaps up 4.7m more Euronav shares as parties head to arbitration
Norwegian shipping magnate now controls 22.62% of all shares in Belgian tanker giant
Russia turns to older tankers, including a few 20-somethings
Poten & Partners says the age profile of ships carrying Russian oil changed significantly in 2022
Crude tanker spot market closes out tepid week with suezmax declines and flat VLCCs
Suezmaxes lose recent gains while VLCC gains were cancelled out by declining rates out of US Gulf