Hong Kong-based trader Winson Oil has bought a very large crude carrier (VLCC) to store oil in the Mediterranean as it pushes to expand its business in Europe, two company sources said. The .........
see more >>Chinas shipping giant Cosco has sent two of its bulk carriersinto the Baumarine pool, run by Norwegian shipping company Klaveness. Although the shipping firm did not disclose the names of th.........
see more >>Norway-flagged chemical tanker Champion Ebony, carrying around 14.2 million gallons of fuel, ran aground near Nunivak Island, Alaska, on June 24, the US Coast Guard said. The tankerscrew man.........
see more >>Greek tanker owner and operator Tsakos Energy Navigation Limited (TEN) has taken deliveryof the Aframax tanker Elias Tsakos, which is part of the 15-vessel newbuilding program and the first .........
see more >>As the shipping industry continues facing aweak demand, the European Central Bank (ECB) kicked off a review into the risks of banks shipping exposure, Reuters cited sources familiar with the.........
see more >>Swire Shipping said it will deploy two Miho-Class vessels which are purpose built for the South Pacific trades to service this route. Port rotation will include Melbourne, Sydney, Brisbane, .........
see more >>Norway-based shipping company Grieg Star has completed a USD 400 million senior debt refinancing involving extended maturities for the financing of 23 vessels in the fleet. Loans with origin.........
see more >>On Monday, China COSCO Shipping officially launched the worlds largest tanker company with a ceremony in Shanghai. COSCO Shipping Energy Transportation will be the top tanker firm both by to.........
see more >>Chinese independent oil companies are luring traders, marketers and risk managers away from dominant state behemoths, offering better pay and perks in a hiring spree triggered by the freeing.........
see more >>Greek shipping company Alma Maritime Limited has decided to apply to the US Securities and Exchange Commission (SEC) to withdraw its initial public offering, filed on March 12, 2010. Namely,.........
see more >>South Korean shipping company Hyundai Merchant Marine has struck a deal with containership owners on 20 percent charter rate cuts, the company said in a filing to Korea Exchange. An agreemen.........
see more >>The Japanese government has launched a feasibility study for LNG bunkering in the port of Yokohama, making this the first LNG bunkering facility development project in Japan. The project, or.........
see more >>Riding on the wave of positive industry news from the tanker shipping market, Seatrade has announced the return of its popular Seatrade Tanker conference in the new guise of Seatrade Tanker .........
see more >>Frontline has purchased two VLCC resale newbuildings under construction at Hyundai Heavy Industries (HHI) at a price of $84m each, or $168m in total. Frontline has also secured options for t.........
see more >>Six Turkishcrew members of Malta-flagged tanker MT Puli who were kidnapped by pirates over two weeks ago while sailingoffPort Harcourt, Nigeria have been released. The six of them have been .........
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