Tankers

A steel-cutting ceremony was held at Damen Yichang Shipyard, China, for the first in a planned series of short-sea LNG Bunker vessels to be built for Eesti Gaas of Estonia.
The delivery of fewer newbuildings has led to an aging yet still expanding Greek fleet capacity wise though the number of shipping companies is in steady decline according to a…
Continuing on the M&A trail BW Group has launched a takeover offer for small pressurised LPG carrier owner Epic Gas after taking a majority stake in the company.
Maritime companies have generally failed to gain respect from investors. With a few exceptions, share prices are below the net asset values - a proxy for the liquidation value if…
Stena Bulk has invested $55m to retrofit scrubbers to 16 oil tankers, with the installation work planned for completion before January 2020 to comply with the IMO fuel sulphur cap…
Navig8 Chemical Tankers Inc. has entered into a sale and leaseback agreement with China’s ICBC Financial Leasing for four 37,000-dwt product tankers.
Norden is opening a new office in Abidjan, Ivory Coast as part of the company’s investment in the West African region and continued global expansion.
The chemical tanker market is anticipated to “finally” see business conditions improve this year with continued strengthening in 2020, according to a forecast by Stolt-Nielsen.
China’s Ningbo Xinle Shipbuilding Group announced that the company has signed a contract with M.E.Marittima Emiliana SPA to build two 4,500 dwt chemical tankers.
Though Greek owners continue to rule the global roost when fleet size and asset value, due to the unstable market conditions and new regulatory requirements, for the first time in…
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