The acquisition of Navig8 Product Tankers will make Scorpio Tankers the world’s third largest tanker owner by fleet value.
Specialised shipbuilder Keppel Singmarine has inked an order to build two small LNG carriers for Stolt-Nielsen Gas, with options for three further newbuildings.
Scorpio Tankers is taking over Navig8 Product Tankers making it the largest owner of product tankers listed in the US.
Though the rate of growth of the world fleet has slowed over the past seven years it is still considerable, and is often the case when something to do with…
Liquidity problems for shipbuilders and shipowners have played into the hands of the cash rich says Seasure Shipbroking's VesselsValue (VV) platform and has resulted in a flurry of orders this…
Malaysia's recently revived Asia Petroleum Hub (APH) project awarded China Railway Engineering Corporation (CREC) a $400m contract for the construction of the oil terminal, local reports said.