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Shelves more profitable than ships for Robert Kuok’s Maybulk
WEBAug 28, 2024 · The Robert Kuok-backed shipowner lost MYR 375,000 ($86,316) on its shipping operation in the first half of this year against a profit of MYR 2.3m from its non-shipping activities.
New footage shows Houthi fighters planting bombs on Delta tanker
WEBAug 30, 2024 · Yemen’s Houthi rebels have released new footage purporting to show armed fighters planting and detonating bombs on Delta Tankers’ 164,000-dwt suezmax Sounion (built 2006) last week.
Marinakis and Fredriksen line up VLCC orders totalling $1.3bn – …
WEBJan 10, 2024 · Influential shipowners Evangelos Marinakis and John Fredriksen have separately pencilled in a total of up to 10 VLCC newbuildings worth almost $1.3bn at the same Chinese shipbuilder but with ...
Navios scoops four LR2 tanker newbuilding options in $264m deal
WEBAug 20, 2024 · Navios Maritime Partners has pulled off a previously undisclosed $263.7m investment, securing options for four LR2 newbuildings, the shipowner disclosed in its earnings release on Tuesday.
Maersk container ship fire claims life of one seafarer
WEBJul 22, 2024 · The fire that broke out on an AP Moller-Maersk container ship last Friday has claimed the life of one of its crew. The Danish liner giant and the Panama Maritime Authority (PMA) have both ...
Highest number of crude carriers moving oil products in 25 years ...
WEBAug 20, 2024 · The LR2-specific Middle East Gulf to Japan route fell from Worldscale 185 on 1 July to WS 134 on Monday. Like many in the tanker space, Steem1960 said it sees the seasonally stronger northern ...
‘Doing the maths’: Teekay Tankers targets significant capital ...
WEBAug 1, 2024 · VesselsValue’s tanker price index has risen by 18.5% in the past year. In a rising asset price market, Mackay said the company has to keep its eye on value.