Tankers

There will be more consolidation in the ship management sector as company founders decide on their future and mid-sized managers come under pressure, believes Anglo-Eastern ceo Bjorn Hojgaard.
Sinotrans & CSC Nanjing Tanker orders two 49,700dwt crude oil tankers plus four option at Guangzhou Shipyard International (GSI).
Cosco Shipping Energy Transportation announced has organisation restructuring plan with newly named departments for VLCCs and tanker operations.
FSL Trust is aiming to raise up to $21.3m from the sale of its existing ageing vessels to help pay for two new LR2 tankers recently ordered at a Cosco…
Qingdao port, the leading crude oil and ore handling port of China, has started building its second 300,000 tonne-class crude oil terminal at Dong Jia Kou port area with completion…
Japan’s Nippon Yusen Kaisha (NYK) has approached South Korea’s Samsung Heavy Industries (SHI) to build two new LNG carrier on the back of a long term charter deal with France’s…
India’s The Great Eastern Shipping (GE Shipping) has earmarked up to $50m over the next four years to upgrade its fleet for compliance with IMO’s regulations on low-sulphur fuels and…
Singapore-listed First Ship Lease Trust (FSL Trust) has penned a letter of intent with Cosco Shipping Heavy Industry (Yangzhou) Co for the construction of two LR2 product tankers at a…
South Korea’s Hyundai Mipo Dockyard (HMD) has won an order to build a 30,000 cu m LNG carrier for Norwegian shipowner Knutsen at a price of $77m.
An Athens court on 4 December passed down a 10-year prison sentence to Greek shipowner Victor Restis after finding him guilty of making a false statement, but he was released…
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