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Aframaxes lead downward march

Tanker earnings fell across key segments last week, with falling cross-Mediterranean journeys in the aframax sector driving the largest slumps.

News - 3 hours old

How to save $20m in IPO fees

Wells Fargo analyst Michael Webber has challenged what he sees as the prevailing wisdom that a merger of Frontline and Frontline 2012 automatically elevates John Fredriksen back to the top of the tanker tree on his own.

News - 3 hours old

Suez “bomb plot” foiled

Egyptian police have arrested 13 members of a cell allegedly planning to bomb the Suez Canal.

News - 3 hours old

ITF calls for debt relief

The International Transport Workers’ Federation (ITF) is backing calls for Greece’s creditors to cut its debts.

News - 4 hours old

Diana trio tied up

Diana Shipping has secured fresh employment for one of its panamaxes and an extended deal for two other vessels.

News - 4 hours old

Yard seizure reversed

An Italian judge has ordered police to release parts of Fincantieri’s Monfalcone yard seized last week.

News - 5 hours old

DNB raises Frontline

DNB Markets has upgraded Frontline hot on the heels of confirmation it will merge with Frontline 2012.

News - 5 hours old

Sinha to run SCI?

Shipping Corp of India’s (SCI) personnel and administration director BB Sinha has emerged as the frontrunner in the race to become its new leader.

News - 5 hours old

Hoping for the best...

Greek voters’ decision on Sunday to back their government in its collision with the EU and the IMF has sharpened concerns in the local shipping industry.

News - 6 hours old

FSL fixes tanker trio

First Ship Lease has secured two-year contracts for three of its tankers worth a collective $61m.

News - 7 hours old