aframaxes Archives - Maritime Shipping News

Tanker Sales Urge As Ukraine War Divides Maritime Fleet

15 March 2023

Credit: precious-madubuike-JC9S-unsplash

Suezemax sales volume doubles on year to 103 in 2022
Undisclosed buyers of Suzemaxes rise to 14 from 4
Price of 10-year-old LR2 doubles to around $56 million

The war in Ukraine has spurred a flurry of sales and purchases of oil tankers over the past year as some shipping companies press ahead with moving Russian cargoes while others act to avoid any hint of exposure to sanctions, market participants said March 14, reports SP Global.

Undisclosed buyers

Many...

https://mfame.guru/tanker-sales-urge-as-ukraine-war-divides-maritime-fleet/

SHI-ME Selects State-Of-The-Art Structural Monitoring Systems For Two Aframax Tankers

25 October 2021

Light Structures AS, the world leading supplier of fiber optic condition monitoring systems for maritime applications, and Japanese shipbuilder SHI-ME have entered into an agreement for delivery of comprehensive hull stress and fatigue monitoring systems on two newbuild 115,000 DWT AFRAMAX crude oil tankers due for delivery in Q2 2023 and Q3 2023.

Hull stress monitoring is usually the preserve of larger ships and platforms, or very specialized vessels, but its deployment on AFRAMAX vessels...

https://www.marineinsight.com/shipping-news/shi-me-selects-state-of-the-art-structural-monitoring-systems-for-two-aframax-tankers/

Sovcomflot & Shell Milestone 150th LNG Fuelling

21 May 2021

Sovcomflot (SCF Group) and Shell performed a landmark 150th marine LNG fuelling operation for SCF’s ‘Green Funnel’ Aframax tankers, says a press release published on their website.

Safe operations

Since operations began in 2018, SCF’s ‘Green Funnel’ Aframaxes have taken over 62,000 tonnes of marine LNG fuel from Shell and all 150 operations were performed safely without incident, injury or loss of fuel.

The 150th operation

The 150th operation was performed by Korolev Prospect, on time charter to...

https://mfame.guru/sovcomflot-shell-milestone-150th-lng-fuelling/

Sovcomflot & Shell Celebrate Milestone 150th LNG Fuelling For ‘Green Funnel’ Aframax Tankers

20 May 2021

Recently, Sovcomflot (SCF Group) and Shell performed a landmark 150th marine LNG fuelling operation for SCF’s ‘Green Funnel’ Aframax tankers.

The 150th operation was performed by Korolev Prospect, on time charter to Chevron, receiving 600 tonnes of marine LNG from Shell and delivered by...

https://www.marineinsight.com/shipping-news/sovcomflot-shell-celebrate-milestone-150th-lng-fuelling-for-green-funnel-aframax-tankers/

Castor Maritime Acquires Tanker Fleet Of 5 Vessels For US$ 49.25 Million

30 April 2021

Castor Maritime Inc., (“Castor” or the “Company”), a diversified global shipping company, announces that it entered, through five separate wholly-owned subsidiaries, into agreements to acquire two 2006 Korean-built MR1 tankers, two 2004 Korean-built Aframax/LR2 tankers and one 2002 Korean-built Aframax/LR2 tanker. The five tankers are acquired from an unaffiliated third-party for an aggregate purchase price of $49.25 million.

The acquisitions are expected to be consummated by taking delivery of...

https://www.marineinsight.com/shipping-news/castor-maritime-acquires-tanker-fleet-of-5-vessels-for-us-49-25-million/

Global Spot Dirty Tankers’ Fixtures Declined 16% In 2020

15 January 2021

Global spot dirty tankers’ fixtures declined 16% year on year to 8,101 in 2020 but Unipec, Shell and Vitol have retained their positions as the top three charterers, according to data collated by global shipping brokerage and consultancy, Poten and Partners, says an article published in S&P GLOBAL.

Estimations About Dirty Tankers

Unipec had an estimated 966 dirty tankers spot fixtures in 2020, or an 18% share in the total number of cargoes, followed by Shell and Vitol, which had 478 and 417...

https://mfame.guru/global-spot-dirty-tankers-fixtures-declined-16-in-2020/

Danish Ship Finance’s Shipping Market Review 2020

4 December 2020

Danish Ship Finance has released its latest shipping market review. The 69-slide presentation, led by Christopher Rex, has a strong focus on the industry’s pathway to zero carbon vessels, says an article of Splash247.

On the markets, the Danish analysts are especially bearish on next year’s prospects for tankers and LPG carriers, and remain concerned for the livelihoods of many of today’s struggling shipyards.

Facts in Report

Key data in the report include the facts that average secondhand prices...

https://mfame.guru/danish-ship-finances-shipping-market-review-2020/