Singapore-based oil trader and tanker owner Hin Leong has an ambitious plan to invest more than $3bn to build oil terminals and distribution facilities in emerging Asian markets, reports said.
John Fredriksen’s Frontline 2012 fell into the red in the first quarter of the year. Frontline 2013 reported a first quarter net loss of $4.8m, the shipowner made a $700,000…
Oslo based exhaust gas cleaning system (EGCS) manufacturer Clean Marine has secured two orders for its scrubber systems from Samsung Heavy Industries (SHI).
Independent tanker owners association Intertanko is planning to introduce a voluntary code of best practice for charterers in the next few months as tanker companies battle for survival.