Mainstream owners are moving out of Russian trades after oil price cap breached for Urals crude more than three weeks ago
tankers
VLCC orderbook now just 2% of fleet in ‘two-speed’ newbuild market, Clarksons says
Researcher Sarah Holden says divergent vessel ordering is continuing
Ardmore’s first-world problems: what to do with all the money?
Irish product tanker owner has done a lot, but equity analysts press on how it might do more for shareholders
Ocean Yield inks first-ever emissions-linked bareboat charter deal
Four LR1 newbuildings will be fixed to Braskem, with rates set by CII performance
Transpetrol expands with up to four LR2 newbuilds in South Korea
Belgium’s Transpetrol Maritime Services is bolstering its fleet with up to four LR2 tankers booked for construction in South Korea Shipbroker Allied is quoting a price of around $137m for two firm units at Hyundai Vinashin Shipyard in Vietnam with options attached for two more units. The firm...
https://splash247.com/transpetrol-expands-with-up-to-four-lr2-newbuilds-in-south-korea/
Ardmore says tanker rates resilient despite profit fall
CEO Anthony Gurnee says rates have eased due to economic concerns and seasonal patterns
Ocean Yield debuts sustainability-linked lease with four LR1 newbuilds for Braskem
Norwegian owner and sale and leaseback player Ocean Yield has struck a deal with New York-listed petrochemicals firm Braskem to buy a quartet of LR1 product carrier newbuildings backed by 15-year bareboat charters with a dayrate linked to vessel’s carbon emissions. “To the company’s knowledge, this...
China Merchants Energy Shipping announces new chairman
The Shanghai-listed company appoints former Cosco Shipping Ports’ Feng Boming as new chairman
Transpetrol breaks newbuilding hiatus with Hyundai Vietnam product tankers
The Belgian shipowner has ordered newbuildings under its fleet renewal and expansion plans
BRS Group predicts scrapping will pick up next year as prices rally
A 20-year-old aframax could fetch a $17m premium at the breakers, French shipbroker says