Asahi Tanker orders 2 of World’s 1st Zero-emission electric-powered tankers

(Oct 15 2020)

Asahi Tanker Co., Ltd. announced that it has ordered two of the world’s first zero-emission electric-powered tankers.



G E Shipping contracts to buy a secondhand long range 2 Product Carrier

(Oct 15 2020)

The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a secondhand LR2 Product Carrier of about 105,258 dwt.



Tufton Oceanic Assets Ltd. $23.0m investment in 2 Product Tankers & new loan

(Oct 08 2020)

The Board of Tufton Oceanic Assets Limited (ticker: SHIP.L) is pleased to announce that the Company has acquired two Product Tankers for $23.0m.



TEN Ltd. declares dividend on its Series C and Series F Preferred Shares

(Oct 08 2020)

TEN Ltd., a leading diversified crude, product and LNG tanker operator, announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.5547 per share for its Series C Cumulative Redeemable Perpetual Preferred S...



Zenith Capital Partners expands investment portfolio

(Oct 08 2020)

Zenith Capital invested in a wholly owned subsidiary of Mjølner Shipping that provides cargo finance, insurance and hedging solutions for clients.



OSM Maritime enters into preliminary agreement to acquire SeaTeam Management

(Oct 07 2020)

OSM Maritime (OSM) announced that it is in final negotiations to acquire SeaTeam Management (SeaTeam) from Frontline Ltd (Frontline) and Golden Ocean Group Limited (Golden Ocean).



ABS and HHI complete design simulation Joint Development Project

(Sep 17 2020)

ABS and Hyundai Heavy Industries (HHI) have completed a Joint Development Project (JDP) to build multi-physics simulations capable of analyzing the carbon-footprint of vessels in the design stage.



OCIMF restructures to focus on high-impact risks

(Sep 10 2020)

The Oil Companies International Marine Forum (OCIMF), the voluntary association of oil companies, has today announced that it has overhauled its committee structure in order to focus its resources on identifying and mitigating issues of highest-risk ...



PAO Sovcomflot: H1 2020 Results

(Sep 03 2020)

PAO Sovcomflot (SCF Group), a global leader in energy shipping and servicing offshore oil and gas production, reported its results for the first half (H1) 2020.



Billionaire Fredriksen names Svelland head of holding firm Seatankers

(Sep 03 2020)

Norwegian-born billionaire John Fredriksen has appointed a hedge fund manager as the next head of his family’s key holding company, which controls assets ranging from oil tankers and rigs to fish farming and finance.



FRO – Q2 2020 Presentation

(Sep 03 2020)

Please find enclosed the presentation of Frontline Ltd.’s second quarter 2020 results.



Saga Tankers ASA: Q2 2020 financial results

(Aug 27 2020)

Saga Tankers ASA (“Saga”, OSE: SAGA) reported a net asset value (NAV) of NOK 272 million end of the second quarter 2020, corresponding to NOK 1.02 per outstanding share, excluding minority interests and with Vallhall valued at book value.



Hunter Group ASA - second quarter results 2020

(Aug 27 2020)

Financial highlights:



Team Tankers International Ltd. announces 2nd Quarter 2020 results

(Aug 27 2020)

Team Tankers International Ltd. reported EBITDA for the 2nd quarter of $21.7 million, compared with $16.5 million in the 1st quarter of 2020 (Q2'19: $11.8 million).



Bahri signs $410m agreement to receive 10 new chemical tankers from Hyundai Mipo Dockyard

(Aug 27 2020)

Bahri, a global leader in logistics and transportation, signed a new agreement with Hyundai Mipo Dockyard, a member of Hyundai Heavy Industries (HHI) Group, which owns one of the largest state-of-the-art shipyards in the world, to build ten 49,999-dw...




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Nov-Dec 2020

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