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CATEGORY

Tanker

Liquid

Odfjell CEO: the chemical tanker upturn is here to stay into 2024

portnews -
Harald Fotland, Odfjell’s CEO, sees the upturn in the chemical tanker market lasting even longer than he initially expected. Three factors drive this, but...
Companies

Algoma and Furetank Establish Product Tanker Joint Venture

portnews -
  Canadian shipping company Algoma Central Corporation announced it has entered into a joint venture agreement with Furetank AB of Sweden to construct four dual-fuel...
News

Concordia Maritime: Tanker to containership conversion project put on hold

portnews -
Swedish tanker shipping company Concordia Maritime has decided to put on hold the project that has been exploring the feasibility of converting a tanker...
Companies

Maersk Tankers welcomes Korean SK Energy as a pool partner

portnews -
Maersk Tankers welcomes its third pool partner from Korea. The latest addition is Korea’s biggest energy major, SK Energy, with the MR, Grand Ace10,...
Companies

SFL splashes $222.5 mln on scrubber-fitted tanker quartet

portnews -
Bermuda-based SFL Corporation has agreed to acquire four scrubber-fitted Suezmax tankers in combination with long-term time charters to a subsidiary of Koch Industries industrial...
Companies

Furetank and Algoma establish product tanker joint venture with sustainability focus

portnews -
Swedish Furetank AB and Canadian Algoma Central Corporation will own 50% each of the joint venture, which is to be named FureBear. The joint venture,...
Companies

Algoma Central Corporation and Furetank Establish Product Tanker Joint Venture With Sustainability Focus

portnews -
Algoma and Furetank enter into joint venture agreement to construct four climate friendly dual-fuel product tankers to trade in Northern Europe Algoma Central Corporation (TSX:...
Finance

Gulf Navigation seals refinancing deal for 5 petrochemical tankers

portnews -
Gulf Navigation Holding PJSC, the Dubai Financial Market listed maritime and shipping company, announced successfully completing the transaction of refinancing 5 petrochemical tankers, under...
Market

Tankers: VLCCs Improved Across Most Routes

portnews -
Clean The Middle East Gulf has been lacklustre this week on all sizes. On the LR2’s tonnage has been plentiful, TC1 has been tested down...
Companies

First LNG-fuelled tanker joins Anglo-Eastern’s managed fleet

portnews -
MT Proteus Jessica, a 110,000 DWT tanker, has been delivered to Anglo-Eastern’s managed fleet, becoming the company’s first dual-fuel LNG-powered tanker. The LR2 tanker was...
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