Chemical and products tanker operator Bryggen has scaled back its fleet to between five and 10 tankers, half of what it was a year ago.
Newcomer SM Line of South Korea has entered the tanker market.
Owner buys shares in Peter Georgiopoulos’ tanker company — but its aims are not yet clear
Newbuilds at $75m each would be among cheapest for more than decade
But trade sources hope displaced European shipments could move to other Atlantic Basin markets and prop up tonne miles
Parent of Teekay group of companies misses estimates and extends contracts for FPSO duo.
Canadian bulker and tanker owner hammered by fleet impairment charges.
Shuttle tanker owner is in the final stages of finalizing fresh deal in the North Sea.
Kevin Mackay-led owner takes extra cover amid belief next market up-cycle will click into gear in 2018.
Singapore tanker and boxship owner hit by lower rates in final three months
Singapore operations united under Uljanik Shipmanagement banner to cut costs.
Veteran Varada Blessing goes for nearly $12m on online auction site Taobao.
Oslo-listed tanker vehicle puts another aframax on period charter as rates take a tumble.
Forde Morkedal and Herman Hildan see a yellow light for tankers as economics of floating storage fade.
United Journey to resume operations after Citibank releases it from arrest.
Korean shipbuilder beats Samsung Heavy to latest big tanker order.
Korean yard says Greek owner has signed up for 50,000-dwt tanker.
George Economou company spends $102.5m as it re-enters tanker market.