Braemar and Womar join forces to launch chemical tanker index

(Jul 09 2021)

Braemar ACM Shipbroking and Womar Tanker Pools have jointly launched what they claim to be the industry’s first online earnings index for J19 tankers.



ONGC defends oil vessel hire tender

(Jul 09 2021)

State-owned Oil and Natural Gas Corporation (ONGC) has defended its tender for charter hire of an oil vessel with company sources saying safety certification norms in the tender were aimed at increasing competition.



VLCC fixtures shrouded in secrecy in ailing tanker market

(Jul 01 2021)

A mostly transparent VLCC market is witnessing an increase in deals being concluded privately as a dismal freight market is offering charterers the luxury to quietly pick and choose their preferred owners as well as keep fixtures under wraps.



Take time to re-check contact details for important emails advises ITIC

(Jun 18 2021)

According to ITIC - International Transport Intermediaries Club – incorrectly addressing emails can prove costly as was demonstrated in a recent case where the insurer had to reimburse a shipbroker US$ 50,000 in respect of such an error.



Counterfeit invoices and fake emails continue to plague our industry, cautions ITIC

(May 12 2021)

ITIC - International Transport Intermediaries Club – has issued a number of warnings on the increasing prevalence of documentation fraud and is reinforcing the message by highlighting a recent case it has handled on behalf of a broker.



Could the Sea Cargo Charter change tanker shipping?

(Feb 25 2021)

A number of tanker and dry bulk charterers, including Trafigura, Equinor, Total, Gunvor, Shell, Occidental, and Dow Chemical, have attached their names to an initiative called the Sea Cargo Charter, which aims to provide a framework "for aligning cha...



AET takes delivery of DP2 shuttle tanker Eagle Pilar

(Jan 07 2021)

AET, one of the world’s leading petroleum tanker owners and operators, took delivery of Eagle Pilar, a new Suezmax second generation Dynamic Positioning (DP2) Shuttle Tanker which has been purpose built for long-term charter to Brazil Shipping I Limi...



Saudi Aramco's Bahri puts LNG tanker plan on hold

(May 28 2020)

Move on hold after Sempra’s decision to delay Port Arthur.



Remember time limits on demurrage claims

(May 14 2020)

A court hearing in London in December 2019 reviewed the 90 day time bar on demurrage claims.



AET and TOTAL agree time charter for two LNG dual-fuel VLCCs

(Apr 09 2020)

AET, a leading energy logistics provider, announced an agreement with Chartering and Shipping Services SA, (a wholly owned subsidiary of Total SA) for the time charter of two LNG dual-fuel VLCCs.



India charterers use force majeure to avoid demurrage

(Apr 08 2020)

Indian charterers are citing force majeure to avoid paying demurrage charges for delays in berthing, loading and unloading due to coronavirus, according to The Hindu Business Line.



M/T ‘Andronikos’ released from arrest in Singapore

(Mar 26 2020)

Capital Ship Management Corp. announced that the M/T Andronikos (ex ‘Anbar’) was promptly released from arrest in Singapore after the Owners’ P&I Club posted security and has resumed trading.



Second tanker shipment for Belarus arrives in Klaipeda, Lithuania

(Mar 19 2020)

The second tanker with oil bought on the international market for a refinery in Belarus has arrived in Klaipeda, Lithuania.



Glencore charters ULCC for $37k/day for oil storage

(Mar 19 2020)

Trading house Glencore has chartered the ULCC "Europe" to store oil for at least 6 months, at a rate of $37k/day, according to sources speaking to Reuters.



Azerbaijani State Oil Company (SOCAR) first tanker to Belarus

(Mar 12 2020)

90,000 tons of Azeri LT (light oil) were shipped on the night of March 5, according to a report in Azerbaijani newspaper AzerNews.




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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