Tanker Owners

MISC has taken delivery of its first of six very large ethane carrier (VLEC) built at Samsung Heavy Industries’ (SHI) shipyard in Geoje, South Korea.

Despite criticism of the outcome of last week’s IMO meetings on reducing carbon emissions from shipping leading tanker owners Odfjell and BW Group believe that working with the UN body globally is the right way forward for the industry.

Traditional shipping centres such as Piraeus will face increasing competition with the rise of new hubs over the next 20 years.

Trying to operate ships in a global pandemic seems to be getting more complicated every day.

OSM Maritime is set to acquire SeaTeam Management the ship management arm of John Fredriksen’s Frontline and Golden Ocean.

Product tanker owner Hafnia is looking to order new methanol dual-fueled tankers tied to 19-year charters to transport methanol produced from its investment into a US plant.

Lim Oon Kuin, founder of Singapore’s oil trading giant Hin Leong Trading, was charged in court last Friday with abetment of forgery for the purpose of cheating, according to the Singapore Police Force.