SHIPPING NEWS

Thun’s tanker order

Thun Tankers has released a statement to announce it has placed an order for a second 4,250-deadweight product tanker. It said: “The ordered tanker Read Article…

Wärtsilä boosts VLCCs

The technology group Wärtsilä has been contracted by Kuwait Oil Tanker Company (KOTC), which is a subsidiary of Kuwait Petroleum Company (KPC), to Read article…

Diamond Q1 update

Diamond S Shipping Inc., (one of the largest publicly listed owners and operators of crude oil and product tankers), has announced results for the first quarter of 2020 Read article…

Odfjell update

Odfjell SE has reported its results for the first quarter of 2020. The report shows improved results driven by increased earnings in Odfjell Tankers as a consequence of Read Article…

MOL Chemical Tankers

MOL Nordic Tankers has announced that the four MOL Nordic Tankers offices in Copenhagen, Stamford, Houston and Bogotá will form the newly-established Read article…

Hyundai two carriers

Hyundai Heavy Industries (HHI), the biggest shipbuilder in South Korea, has secured an order for two crude oil carriers. The contract is worth ₩149.8 billion (around Read article…

LPG tanker piracy

Six pirates have been arrested for attempting to board an LPG tanker identified as Epic Bermuda while off Takoradi port in Ghana. The incident took place some 2.5 Read Article…

BW LPG retrofits June

BW LPG, (the world’s largest liquid petroleum gas shipping company), has announced it has adapted the LPG retrofit schedule for its Very Large Gas Carriers (VLGCs) Read article…

Saudi crude buyers

US buyers of Saudi Arabian crude oil cancelled at least seven April-loading tankers after a jump in freight costs, which is likely to result in lower-than-expected shipments Read article…

Crowley new ATB

Crowley Fuels LLC has announced it has taken delivery of its new Alaska Class 100,000-barrel, articulated tug-barge (ATB), which it said will be used to transport Read Article…

Stolt-Nielsen cost-cutting

Stolt-Nielsen’s CEO Niels Stolt-Nielsen has said the Oslo-listed shipowner is looking for ways to cut expenditures during the pandemic and is planning to cancel Read article…

Ammonia bunker fuel?

A group of companies has come together to investigate the potential for ammonia to become a widespread bunker fuel as the shipping industry seeks to Read article…