Concord Maritime: ‘Tanker owners usually wind up with the people they know and trust’

December saw tanker commercial management firm Concord Maritime, launched in April 2018 by Ben Ognibene, move into shipowning with the acquisition of 2007-built Samsung aframax tanker Aegean Blue from Greece’s Arcadia Shipmanagement. “We like the fundamentals in the aframax markets – global cargo...

https://splash247.com/concord-maritime-tanker-owners-usually-wind-up-with-the-people-they-know-and-trust/

MOL’s Unix Line cops $1.65m fine in the US for concealing oily water discharges

Singapore-based Unix Line, the primary shipmanagement arm of MOL Chemical Tankers, was fined $1.65m and placed on four months probation after pleading guilty last month in the US to a violation of the Act to Prevent Pollution from Ships. Unix Line admitted that its crewmembers onboard the 26,200...

https://splash247.com/mols-unix-line-cops-1-65m-fine-in-the-us-for-concealing-oily-water-discharges/

Baltic Exchange: Maritime market highlights 13-20 Mar

The Baltic Exchange, the world’s independent source of maritime market data, has issued its reports for the last week, 13-20 March 2020, to provide information of the bulk and dry market performance. The information is used by shipbrokers, owners & operators, traders, financiers and charterers as a reliable and independent view of the dry and tanker markets.
Tankers -VLCC
  • In the Middle East, rates for 280,000mt to the US Gulf via Cape to Cape routing, fell back to WS120 having reached just...

https://safety4sea.com/baltic-exchange-maritime-market-highlights-13-20-mar/