Turkey's Palmali has signed a memorandum of agreement to buy one chemical tanker and three bulk carriers from the secondhand market.

Regional shipping firm Samudera Shipping Line has sold a 2,781-dwt chemical tanker in an effort to maintain a balanced business portfolio.

MISC recorded a huge jump in net profit in 2013 due largely to reduced impairment losses and a one-time gain on asset disposal.

Wärtsilä has been contracted to supply propulsion systems for six new chemical tankers under construction for Stolt Tankers at a Hudong-Zhongua Shipbuilding in China.

NYK Stolt Tankers, a joint venture of NYK and Stolt Tankers, has ordered a 38,000-dwt parcel tanker from Chinese yard Hudong-Zhonghua Shipbuilding (Group) Co.

Navig8 and Oaktree Capital Management have come together to form a chemical tanker joint venture named Navig8 Chemical Tankers Inc.

Istanbul-based shipowner Atlantis Tankers is handing over the commercial management of their fleet ArmonaDenizcilik, which already technically manages its fleet.

China-based Nantong Ming De Heavy Industry has won an order to build seven 24,000 dwt stainless steel chemical tankers for an European shipowner.

Shipping Corp of India (SCI) has decided to pull out of its chemical tanker joint venture SCI Forbes, due to continuing losses of the company, reports said.

Norway-based Stream Tankers has ordered up to five 19,900 dwt stainless steel chemical tankers from Japanese yard Fukuoka Shipbuilding Co.