JP Morgan goes after the oil market
The US banking giant is reportedly set to place a mega $500 million order for four supertankers
Sinokor dominates tanker market
The South Korean company now controls 25% of the VLCC fleet compliant with international regulations
Scorpio Tankers renews its fleet
The Monegasque company has exercised its right to build two more LR2s at the Dalian shipyards
Venezuela, first LPG shipment to the US
The ship was chartered by Trafigura, an operator authorized by the US to trade Venezuelan crude
Scorpio Tanker sells a product carrier
The MR STI Maestro, has been sold for $42 million. The deal will be finalised in the fourth quarter
New business opportunities for tankers
OPEC+ production increase will boost demand for crude oil. Is the market heading for a new contango?
MOL buys LBC Tank Terminals
1.7 billion-dollar operation to take over terminal operator specializing in chemical storage
CMPort investing in Brazil
70% stake in Vast Infraestrutura, a terminal company specializing in handling crude oil
D’Amico buys Cielo di Houston back
Ownership regained for $26.5m. The tanker had previously been sold to a Japanese holding company