Industry Sectors:Tankers


Samudera Shipping Line has posted a full year loss in 2016 amid challenging operating environment in the main shipping segments of containers, bulkers and tankers.
Odfjell has signed agreements for long term charters on two chemical tanker newbuilds being constructed in Japan.
Brightoil Petroleum (Holdings) Limited has made a profit in the first half of its financial year 2017 as against a year-ago loss, thanks to revenue growth boosted by higher sales…
Teekay Corp has registered a full year loss in 2016 as its income from vessel operations was nearly halved from that of 2015 on the back of overall lower rates…
First Ship Lease Trust (FSL Trust) has sank into the red for 2016 as the shipping trust took a $44.14m impairment loss on eight ships.
A 1993-built Singapore-flagged VLCC Varada Blessing has been sold at a price of RMB81m ($11.8m) after it was auctioned on Taobao, China’s largest online shopping website, reports said.
George Economou’s Dryships has re-entered the tanker market buying an aframax and a VLCC.
Qatari marine company Nakilat has announced net profits QAR955m ($262.3m) for 2016, compared to QAR984m in 2015 – a fall of 2.9%. 
Tanker market prospects were a major item of conversation at the annual shipping conference hosted by the Hellenic American and Norwegian American Chambers of Commerce in New York with this…
Hyundai Global Services (HGS), the marine services company of Hyundai Heavy Industries (HHI), and shipowner KSS Line have signed a memorandum of understanding (MOU) on retrofitting ships with abatement technology.
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