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Tag: Tankers


Shipping

COVID-era shipping stocks: The (super) good, the bad and the ugly

December 7, 2021

Via: FreightWaves

Shipping stocks have never been for the faint of heart, and they’ve been on a particularly wild ride in the COVID era. There have been steep plunges and historic surges along the way, with unexpected twists and turns. What could […]


Impact & Regulations, Shipping

Suez Canal slashes tolls in half for laden VLCCs heading from Europe to Asia

November 25, 2020

Via: Splash 247

With tanker rates looking dire for the winter and beyond, the Suez Canal Authority has taken the decision to slash tolls for laden VLCCs heading from Europe to Asia in half in a bid to avoid operators taking the slower, […]


Shipping

Two more product tanker orders for Hyundai Mipo Dockyard

August 31, 2020

Via: Offshore Energy

The order is estimated to be worth KRW 83 billion ($70 million). One of the unnamed owners is based in Asia, while the other is from Europe, according to HMD. The two ships will be built at Hyundai Mipo Dockyard […]


Shipping

Norden Bets on Tankers as It Sets Sights on IMO 2020 Opportunities

January 6, 2020

Via: World Maritime News

The company revealed that it had sold a Handysize tanker, which was delivered to its new owners in late November 2019, and that it purchased two MR tankers, which were delivered at the end of December 2019. Based on the […]


Shipping

ADS Crude Carriers to Pay More for Scrubber Installations

August 22, 2019

Via: World Maritime News

The VLCC owner said that the total expected investment in scrubber systems and taking the vessels through intermediate surveys is around USD 6.5 million per vessel, up from the previously guided USD 5.5 million per vessel. The company, set up […]