$15.2m Investment in a Chemical Tanker

(Jan 14 2021)

The Board of Tufton Oceanic Assets Limited is pleased to announce that the Company has acquired a stainless steel Chemical Tanker for $15.2m.



New Fortress Energy to acquire Golar LNG Partners LP

(Jan 14 2021)

Golar LNG Partners LP announced that it has entered into an agreement and plan of merger with New Fortress Energy Inc.



Performance Shipping Inc. announces delivery of its fifth Aframax tanker, M/T P. Yanbu

(Dec 17 2020)

Performance Shipping Inc., (the “Company”), a global shipping company specializing in the ownership of tankers, announced that in Manila, Philippines, it has taken delivery of the M/T P. Yanbu (formerly “Kalamas”), a 2011-built 105,400 dwt Aframax ta...



KNOT Offshore Partners LP announces acquisition of Tove Knutsen

(Dec 17 2020)

KNOT Offshore Partners LP (the “Partnership”) announced that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has agreed to acquire KNOT Shuttle Tankers 34 AS, the company that owns the shuttle tanker, Tove Knutsen, from Knutsen NYK Offshore Tan...



WL Ross & Co. announces agreement to sell its equity interest in Navigator Holdings to BW Group

(Dec 17 2020)

WL Ross & Co. LLC ("WL Ross") announced that it has agreed to sell, on behalf of funds managed by WL Ross, their approximately 39.1% equity interest in Navigator Holdings Ltd. ("Navigator Holding") to BW Group Limited ("BW Group") at a price of $9.00...



Maersk Tankers continues growth by adding four Xihe-owned tankers to its pools

(Dec 10 2020)

Maersk Tankers has entered a commercial agreement that sees it take over the running of four product tankers owned by Xihe Holdings (Xihe).



Maersk Product Tankers completes sale of 14 vessels in an agreement with CDBL

(Dec 10 2020)

Maersk Product Tankers has entered an agreement with China Development Bank Financial Leasing Co., Ltd (CDBL) for the sale of 14 product tankers at a total value of USD 422m.



Teekay Tankers Ltd. reports third quarter 2020 results

(Nov 26 2020)

Teekay Tankers Ltd. reports the Company’s results for the quarter ended September 30, 2020.



Nordic American Tankers Ltd – Report for the 3rd quarter

(Nov 19 2020)

2020 as a whole is expected to be a very good year for NAT.



Kongsberg Maritime signs over NOK 400 million in Shuttle Tanker orders during 2020

(Nov 19 2020)

Kongsberg Maritime has revealed that during 2020 it won contracts for 12 of its highly advanced Shuttle Tanker concepts, with a value totalling over NOK 400 million.



Stolt Tankers and John T Essberger announce European joint venture

(Nov 12 2020)

Stolt-Nielsen Limited announced that its wholly owned subsidiary, Stolt Tankers B.V., has entered into a joint venture with the John T. Essberger Group for the operation of their combined parcel tanker fleets trading within Europe.



TORM plc third quarter Report 2020

(Nov 12 2020)

“I am pleased that TORM in the third quarter of 2020 and for the fourth consecutive quarter has achieved a positive result. A result that has been achieved in an oil and product tanker market that is impacted by imbalances in demand and supply and al...



Heidmar Inc. announces change of shareholder

(Nov 12 2020)

Heidmar Inc. (Heidmar), the tanker pooling and commercial management company announced that Pankaj Khanna has acquired 100% of the shares of Heidmar Inc and all related companies (including but not limited to Heidmar Trading LLC).



Danny Lange and Eric Aboussouan join ZeroNorth’s Board of Directors

(Nov 05 2020)

Danny Lange and Eric Aboussouan are the newest members to join the company’s Board of Directors, effective immediately.



Joint Venture between Premuda and Columbia Shipmanagement

(Oct 29 2020)

The Italian ship-owning Group Premuda, controlled by Pillarstone, the industrial and financial platform that supports the relaunch of companies in temporary difficulty, has laid the basis for the constitution of a joint venture with Columbia Shipmana...




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Nov-Dec 2020

Shipping post COVID - practicality of decarbonisation - Hafnia and vessel performance