The strength of the Greek-controlled fleet is at an all-time high, reflecting Greek shipowners' activity in the newbuilding and sale and purchase markets.

The continued growth of Greek shipowners sees 76-Greek-controlled fleets breaking the 1m dwt each barrier equalling the record set in 2020.

The first LNG terminal at Fangcheng port, Guangxi province is preparing to accept international vessels.

During the very last days of April, there was a fire aboard the tanker Endo Breeze transiting New York harbour’s Raritan Bay.

Iran is becoming brazen in its oil export activities despite international sanctions, and more customers are preparing for trade should sanctions be lifted.

In the year to date, scrubber-fitted VLCCs have earned about $11,000 more per day on the spot market compared with vessels using very low sulphur fuel oil (VLSFO), according to Gibson Shipbrokers.

K Line is shifting ship management of its gas and oil tankers from Japan to Singapore.

The flows of tanker cargo have already been changed by the Ukraine war, now in its third month, with additional shifts, possibly of the “tectonic” variety, on the horizon.

Stolt-Nielsen announced that it has agreed to purchase three stainless steel chemical tankers ahead of an expected market improvement.

NYK has inked a fourth long-term charter for an LNG carrier with France’s EDF Group.