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Stena Bulk expands its fleet in the Sonangol Suezmax pool with the addition of six Suezmax tankers

Stena Bulk expands its fleet in the Sonangol Suezmax pool with the addition of six Suezmax tankers

Over the last six months, Stena Bulk has expanded its fleet in the Sonangol Suezmax pool with the addition of six Suezmax tankers. The TC in fleet consists of modern tonnage of varying length and with different …
Jul 18, 2018 /  Vessels
Scorpio Tankers Announces Sale and Leaseback Agreements for Seven Product Tankers

Scorpio Tankers Announces Sale and Leaseback Agreements for Seven Product Tankers

Scorpio Tankers Inc. (NYSE:STNG) (Scorpio Tankers) announced yesterday that it has agreed to sell and leaseback six MR product tankers (STI San Antonio, STI Benicia, STI St. Charles, STI Yorkville, STI Mayfair and STI …
Jul 18, 2018 /  Vessels
Overseas Shipholding Group, Inc. Announces New Build Initiative

Overseas Shipholding Group, Inc. Announces New Build Initiative

Overseas Shipholding Group, Inc. (NYSE: OSG) (OSG) a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, announced Monday that it has signed binding contracts with …
Jul 18, 2018 /  Vessels
Ocean Yield announces delivery of newbuilding Suezmax crude tanker with 10-year charter

Ocean Yield announces delivery of newbuilding Suezmax crude tanker with 10-year charter

Ocean Yield ASA announced earlier today that it has taken delivery of the newbuilding Suezmax crude tanker Nordic Aquarius from Samsung Heavy Industries' shipyard in South Korea. The vessel commenced a 10 years' …
Jul 10, 2018 /  Vessels
BW Group enters into a definitive agreement to buy additional 36.3% stake in Hafnia Tankers

BW Group enters into a definitive agreement to buy additional 36.3% stake in Hafnia Tankers

BW Group has entered into a definitive agreement to buy a 36.3% stake in Hafnia Tankers, a shipping company formed by the management team of former Tankers Inc. The majority of the shares will be acquired through BTS, a …
Jul 9, 2018 /  Finance
Daewoo Shipbuilding wins deal for LNG carrier from Norway’s Seatankers Management

Daewoo Shipbuilding wins deal for LNG carrier from Norway’s Seatankers Management

Daewoo Shipbuilding & Marine Engineering Co. (DSME), the world's second-largest shipbuilder by orders, said Friday that it has received an order to build a liquefied natural gas carrier for a Norwegian shipping …
Jul 6, 2018 /  Curious
DHT Holdings, Inc announces agreement to install scrubbers on twelve of its VLCCs

DHT Holdings, Inc announces agreement to install scrubbers on twelve of its VLCCs

DHT Holdings, Inc. (NYSE:DHT) (DHT) today announced that it has entered into agreements to install exhaust gas cleaning systems, also know as scrubbers, on twelve of its VLCCs. The Company has entered into agreement …
Jul 3, 2018 /  Curious
Scorpio Tankers Announces Sale and Leaseback Agreements for Four Product Tankers

Scorpio Tankers Announces Sale and Leaseback Agreements for Four Product Tankers

Scorpio Tankers Inc. (NYSE:STNG) (Scorpio Tankers) announced Friday that it has agreed to sell and leaseback two MR product tankers (STI Gramercy and STI Queens) and two LR2 product tankers (STI Oxford and STI Selatar) …
Jun 25, 2018 /  Vessels
Capital Product Partners L.P. Announces New Period Charters For Four Of Its Product Tankers

Capital Product Partners L.P. Announces New Period Charters For Four Of Its Product Tankers

Capital Product Partners L.P. (NASDAQ:CPLP) (the 'Partnership'), an international diversified shipping company, announced Friday that it has secured new time charter employment for four of its vessels. The M/T …
Jun 18, 2018 /  Vessels
Nordic American Tankers Sells Three More Suezmaxes

Nordic American Tankers Sells Three More Suezmaxes

Nordic American Tankers (NAT) is poised to sell three more of its Suezmax tankers. This follows the company's June 1 decision to sell two ships for a total price of about $9.5 million each. "We wish to inform you that …
Jun 11, 2018 /  Vessels