Tanker

News

Shipyard favoured by Greek tanker owners changes hands

portnews - October 10, 2022

Daehan Shipbuilding Group, which controls three shipyards at Hwahan, Tolson Island and Yosu in South Korea, has been taken over by Korean Heroes Investments...

News

Tankers: VLCC Market Lower This Week

portnews - October 9, 2022

Clean In the Middle East Gulf this week most LR runs have seen more declines from inactivity. TC1 lost 15.62 points to WS169.38. Similarly, on...

Energy

Can The Transition Towards EVs Hurt the Tanker Market?

portnews - October 9, 2022

According to Gibson, “it is worth mentioning, however, that despite this rapid growth, absolute numbers remain very small. The global light duty EV fleet...

Market

Current Geopolitical tensions To Shape the Tanker Market for Years to Come

portnews - October 7, 2022

The tanker market is about to enter a new era of increased volatility to go hand-in-hand with the changes in the crude oil market...

Companies

Tanker Shipping & Trade Tanker of the Year 2022 Award

portnews - October 4, 2022

The Tanker of the Year Award recognises a tanker delivered since November 2021 and engaged in bulk liquid transport that sets new benchmarks in...

Market

Tanker Market Could be Entering a Bullish Period

portnews - October 3, 2022

The tanker market is being heralded as one the main “beneficiaries” of the war in Ukraine and the sfift that this sad development has...

News

MoU signed for ammonia dual-fuel tankers

portnews - October 3, 2022

The Petroleum Authority of Thailand (PTT) and AET have signed a memorandum of understanding (MoU) for the development and construction of two zero-emissions Aframax...

Market

Tanker Market Could Find Respite from Restricted Tonnage Supply Moving Forward

portnews - October 2, 2022

According to the shipbroker, “firstly, oil demand must avoid a major collapse with this being largely reliant on developing economies such as India and...

Green

Onboard carbon capture better suited for large tankers, report finds

portnews - October 2, 2022

A new report by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, examines the role of onboard carbon capture (OCC) in decarbonizing the...

Companies

Performance Shipping Acquires Secondhand Aframax Tanker

portnews - September 30, 2022

Tanker owner Performance Shipping announced on Friday that it has signed a deal to acquire a 105,525 dwt secondhand Aframax tanker from an undisclosed...

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