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
Cosco expanding its tanker fleet
Cosco Shipping Energy Transportation ready to commission 11 newbuildings at a price of $1.1bn
Aframax freight rates soaring
Sanctions against Russia targeting its shadow fleet have driven up freight rates for ESPO crude oil