SK Shipping signed an agreement with Pan Ocean to sell its Korea wet tanker business for $668 million, Hahn & Company said, Thursday. The company, Korea’s largest private equity firm, acquired SK Shipping in 2018 ... .
Germany’s Leonhardt & Blumberg is pressing ahead with its expansion in the MR tanker segment, placing follow-on orders at China’sGuangzhou Shipyard International (GSI) ... It currently operates five tankers built between 2007 and 2008.
US officials say seizure of more tankers carrying Iranian oil is under consideration to pressure Tehran, but fears of retaliation and market disruption have so far kept Washington cautious ....
The Philippine Coast Guard is monitoring the situation as efforts are underway to refloat a tanker that went ashore in the environmentally sensitive O ....
Kongsberg Maritime has been contracted by Consórcio Marenova to design and equip four methanol/ethanol-ready handy size product tankers. The vessels w ....