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D'Amico International Shipping (DIS) has exercised two options for the purchase of 50,000 dwt MR tankers at Hyundai Mipo Dockyard in Korea for under $30m each.
Mitsui OSK Lines (MOL) will soon order a 155,000 cu m LNG carrier from Mitsubishi Heavy Industries (MHI) after landing a LNG transport agreement.
Norden contracted or chartered in 17 fuel efficient new builds between October 2012 and March 2013 the company revealed today.
The market commentary scattered throughout Braemar's first quarter earnings release paints a reasonably positive picture of things to come.
Varun Shipping managed to narrow its net loss in the quarter ended 31 March 2013 even as revenues shrank.
Braemar Shipping Services announced a 5% drop in profit year on year to £9.3m ($14.2m) despite revenues rising 7.7% to £143.8m in its results for the year ending 28 February…
No let-up in tanker market misery for owners of crude carriers with average VLCC earnings at less than $7,000 a day this year according to Clarkson Research. AG/West continues in…
South Korean shipbuilders have taken the lion’s share of product tanker newbuilding orders over the last 16 months.
Net losses rose sharply year on year at suezmax owners Nordic American Tankers (NAT) from $9.3m in the first quarter 2012 to $32.3m in 2013 as voyage revenues tumbled. 
The 25th annual Seatrade Awards ceremony held at London’s historic Guildhall on Friday evening proved the most international to date, with winners of the 11 different categories coming from nine…
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