State-owned giant Cosco Shipping Energy Transportation (CSET) is expanding its tanker fleet with new orders. A filing revealed directors have approved the construction of two aframaxes, two LR2s and ...

In what should be a surprise to no one, the Chinese maritime industry continued its dominance in 2024, with the nation’s ...

Abu Dhabi is getting serious about investing in shipping beyond tankers and has hired an ex-Western Bulk man to lead and grow ...

Other orders for Panamax bulk carriers have been won by ... HyundaiMerchant Marine for four such ships, and with Kuwait Oil Tanker Co. (KOTC) for two VLCCs. HHI has increased its orderbook for ...

COSCO Shipping Energy Transportation invests $378 mln in six new tankers. Find the latest news from the maritime industry on the PortNews website.

It owns vessels, including Neo-Panamax container vessels ... Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 ...

The report also stated that Greece was the most active in newly built tankers, with 113 orders reported in 2024. China was in ...

Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergWhy American Mobility ...

Capital Clean Energy Carriers (NASDAQ:CCEC – Get Free Report) and Okeanis Eco Tankers (NYSE:ECO – Get Free Report) are both small-cap transportation companies, but which is the superior investment? We ...

Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergSaudi Arabia’s Neom Signs ...

On January 10, a large number of crude oil and petroleum products tankers linked to the Russia were sanctioned: 82 Aframax/LR2, 26 MR tankers, 23 Suezmax/LR3, 11 Panamax/LR 1, and 5 VLCCs.

Analysts believe this indicates a softening rather than a complete collapse in prices Data from Greece-based Allied Shipbroking shows declines of between 6.8% and 9.8% in the Panamax ... and more ...