| Organisation to flag at least four of its vessels in its home country |
| 16 April, 2025, Gothenburg, Sweden – Leading tanker shipping company Stena Bulk has today confirmed its intention to register up to five of its Suezmax vessels under the Swedish flag. A Suezmax tanker is one of the largest types of tankers and is approximately 275 meters long with a gross tonnage of 81,000 tonnes. Up to five of these vessels will be the largest ships under the Swedish flag. This... |
Trafigura Marine Logistics (“TML”), a wholly-owned subsidiary of Trafigura Pte Ltd (“Trafigura”), announced that it has entered into an agreement to sell ten Suezmax tankers built in 2019 to Frontline Ltd. (“Frontline”) (NYSE and OSE:FRO), through the sale of a TML special purpose vehicle which holds the vessels (the “Transaction”). As part of the transaction, options have also been agreed for Frontline to acquire a further four Suezmax tankers built in 2019 through the sale of a second TML...