Middle East conflict ignites tanker markets. VLCCs are clear winners with LR2s now flying
Smoke rises in the direction of Khojir complex in Tehran as the Israel-Iran air war continues. Photo: Social Media / Reuters / NTB
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Smoke rises in the direction of Khojir complex in Tehran as the Israel-Iran air war continues. Photo: Social Media / Reuters / NTB
Quick entry and speedy exits are being requested for LNG carrier traffic through the Strait of Hormuz. Photo: QatarEnergy
Greek and Asia banks step up lending to Hellenic shipowners as others pull back Allied Shipbroking examines the evolution of the international maritime lending market
MOL has 15 to 20 vessels regularly transiting the Middle East Gulf, says Takeshi Hashimoto. Photo: Mitsui OSK Lines
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Veteran Danish Ship Finance chief quits as senior SEB banker takes top job Erik I Lassen steps down after 17 years to be replaced by Kristian Skovmand
Navig8 Group managing director Jason Klopfer (centre) in conversation with Jefferies investment banker Doug Mavrinac and Adnoc CFO Nicolas Gleeson at Marine Money Week in New York. Photo: Joe Brady
Hengli Shipbuilding receives $16.7m ‘subsidy’ from Chinese state Dalian-based yard will be delivering its first VLCC newbuilding to Dynacom Tankers next week
Iraklis Sbarounis is the chief financial officer of Okeanis Eco Tankers. Photo: Ingar Sorensen/Marine Money
Aframax S&P interest ‘brisk’ as owners hedge against Western ships leaving Middle East Brokers see ‘genuine bids’ from buyers for 15-year-old ships in uncertain market
Hengli Shipbuilding receives $16.7m ‘subsidy’ from Chinese state Chinese shipyard will be delivering its first VLCC newbuilding to Dynacom Tankers next week
Dry bulk fleet increasingly ill-equipped to meet efficiency and emissions standards, says Veson Nautical Senior analyst says supply of vessels under 15 years of age projected to fall by 22% …
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Formosa Plastics Marine is adding to its stable of product tankers. The series will join the 49,721-dwt FPME 36, featuring Marine Line 784-coated tanks, which was built in China and …
Two Asian shipowners battle it out in court over China bulker smash payout Warring companies arrested each other’s ships in different jurisdictions in fight over P&I security issues
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Navig8 Group managing director Jason Klopfer (centre) in conversation with Jefferies investment banker Doug Mavrinac and Adnoc CFO Nicolas Gleeson at Marine Money Week in New York. Photo: Joe Brady
Quick entry and speedy exits are being requested for LNG carrier traffic through the Strait of Hormuz. Photo: QatarEnergy
Christos Tsakonas, global head of shipping, at DNB in Oslo, says leasing houses are trying to fight back with more-attractive terms. Photo: Jonas Walsgård
Norway’s carbon capture and storage hopes no longer a ‘paper project’ as second ship set for work Northern Pathfinder trumpeted as major milestone for Longship and Northern Lights schemes