John T. Essberger Group to build four 6,600 DWT chemical tankers

(May 27 2021)

The John T. Essberger Group announced that they have signed final agreements with China Merchants Jinling Shipyard Dingheng Co. Ltd to build 4 x 6,600 DWT stainless steel parcel chemical tankers with options for an additional four vessels.



Grindrod Shipping announces completion of tanker sales and related debt repayments

(May 27 2021)

Grindrod Shipping Holdings Ltd. (“Grindrod Shipping” or "Company" or “it” or “we”), a global provider of maritime transportation services predominantly in the drybulk sector, announced the completion of the following transactions and related debt re...



Collapsed Singapore oil trader founder appeals $20 million order

(May 27 2021)

Lim Oon Kuin, founder of collapsed Singapore oil trader Hin Leong Trading (Pte.) Ltd, appeals court order to return funds family took out of unit just before filing for protection last year.



Scorpio Tankers Inc. announces purchase of call options

(May 27 2021)

Scorpio Tankers Inc. (“Scorpio Tankers,” or the “Company”) announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 500,000 common shares (or 5,000 call option contracts) of the Company for total consi...



Castor announces deliveries of M/V Magic Nebula, M/T Wonder Vega and M/V Magic Starlight

(May 27 2021)

Castor Maritime Inc., (“Castor”, or the “Company”), a diversified global shipping company, announces that:



Thun Tankers delivery of Thun Equality

(May 27 2021)

Thun Tankers are proud to inform that we have taken delivery of Thun Equality.



Signal Maritime launches MR pool

(May 27 2021)

Commercial ship manager Signal Maritime is expanding its services and launching a new pool for MR product tankers.



Republic of the Marshall Islands achieves QUALSHIP 21 milestone

(May 20 2021)

The Republic of the Marshall Islands (RMI) is pleased to be recognized for an unparalleled 17 consecutive years on the United States Coast Guard’s (USCG’s) QUALSHIP 21 roster.



Capital increase in TORM in connection with delivery of vessel

(May 20 2021)

With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from Team Tankers Deep Sea Ltd, TORM plc (“TORM”) has increased its share capital by 782,546 A-shares (corr...



AET publishes its annual publication AET Connects

(May 20 2021)

This publication provides a comprehensive insight into the Company’s business and strategies, as well as capturing its operational highlights and achievements in 2020 and early 2021.



Sovcomflot (SCF Group) releases financial statements for the period ending 31 March 2021

(May 20 2021)

PAO Sovcomflot (SCF Group, the Company; MOEX: FLOT), a global leader in marine energy transportation services, released its Condensed Consolidated Interim Financial Statements for the period ending 31 March 2021.



Navios Acquisition reports on first quarter ended March 31, 2021

(May 20 2021)

Navios Maritime Acquisition Corporation (“Navios Acquisition”), an owner and operator of tanker vessels, reported its financial results for the first quarter ended March 31, 2021.



Navig8 declares purchase option on chemical tanker Navig8 Constellation

(May 20 2021)

Navig8 Constellation is a chemical tanker built in 2013 and employed on long-term charter to Navig8 Ltd.



WFW advises Euromont and Navigazione Montanari on €35M product tanker acquisition financing

(May 13 2021)

Watson Farley & Williams (“WFW”) has advised Euromont Shipping Company S.p.A. (“Euromont”) and Navigazione Montanari S.p.A. (“Navigazione Montanari”) on c.€35m loan granted by illimity Bank S.p.A. (“illimity”) for the renewal of Navigazione Montanari...



TORM plc First Quarter Report 2021

(May 13 2021)

“In the first quarter of 2021, TORM achieved an EBITDA of USD 19m, in a market which continues to be impacted by the pandemic. Further I am pleased that we have just purchased three LR2 vessels on top of the eight MR vessels acquired earlier this yea...




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June-July 2021

Stena Bulk and decarbonisation - how BHP makes decarbonisation work financially - update on worldwide piracy - managing security risks of ECDIS - tanker inert gas systems