‘Nihilistic Wall Street philosophers’ claim the green governance push has lost momentum but shipping must keep its eye on the prize
tankers
Minerva Marine product tanker runs aground in Turkey
Turkish authorities report no spill or damage from the incident
Why owners should look to sell ships now
The case to cash in and sell secondhand tonnage leads the April issue of Splash Extra, published today. Both newbuild and secondhand vessel prices are exceptionally high (see chart below) at present leading many of the world’s top shipping analysts to advise that owners ought to start looking at...
https://splash247.com/why-owners-should-look-to-sell-ships-now/
D’Amico International Shipping finance chief Balestra di Mottola promoted to CEO
Italian product tanker owner and operator d’Amico International Shipping (DIS) has appointed Antonio Carlos Balestra di Mottola as its new chief executive officer. Balestra di Mottola, who has been the company’s chief financial officer since May 2016, will take the top job from Paolo d’Amico, who...
DIS boss Paolo d’Amico hands over the reins to finance chief Antonio Balestra di Mottola
Italian tanker owner reveals details of succession at its annual meeting of shareholders
DHT holding out for better terms before committing VLCCs to time charters
New York-listed owner expecting the market to strengthen in the second half and oil majors to come around
Oaktree Capital Management sells controlling stake in offshore shipowner Golden Energy
Blue Ocean Partners is buying rival’s position in the Alesund offshore owner
Vafias aframax sister ships sold to China as prices hit 16-year high
Separate deals for 2009-built vessels come from both public and private vehicles of the Greek shipping family
Sabanci family’s Yasa Shipping tied to debut LR2 tanker newbuilding order
Two Chinese shipyards share spoils as Turkish shipowner is believed to add to orderbook
Russian tanker fleet is spying in Europe, claims Swedish naval chief
Navy confirms for first time it is tracking movements of vessels exporting oil through the Baltic