Greek and Asian interests linked to deals for some of Azerbaijan state energy company’s biggest tankers
tankers
ADNOC boost fleet with VLCC pair
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), has acquired two additional 300,000 dwt very large crude carriers (VLCC), bringing the total number of VLCCs added to its fleet in 2021 to eight. The new acquisitions include...
Weekly Bulk Report – Week 14, 2021
The Capesize market continued this week with its constant and relatively steady improvement in rate values, reports Baltic Exchange.
Capesize
The Capesize 5TC lifted 4,058 over the shortened post Easter holiday week to $23,911. While the Transpacific C10 remains the premium paying basin at $27,221, the Atlantic Basin C8 has closed the gap now rated to $19,850, albeit fixtures still remain few and far between in the region. The Fronthaul C9 and Backhaul C16 stood out this week as solid earning...
Adnoc L&S bumps up growing VLCC fleet to eight with two vessel buys
Ship-hungry Abu Dhabi owner extends it large tanker fleet with dual-fuelled and scrubber-fitted newbuildings
Fredriksen salutes ‘skilful and clever’ rival Angelicoussis
Norwegian shipping magnate remembers the highs and lows of his relationship with the Greek shipping icon who died on Saturday
Houthis claim attacks on Saudi Aramco facilities
Houthis from Yemen claimed to have launched drone strikes against Saudi Arabian energy major Aramco’s facilities in the coastal cities of Jeddah and Jubail. There was no immediate confirmation, neither from Aramco nor Saudi authorities. Houthi military spokesman Yahya Sarea said on Twitter that...
https://splash247.com/houthis-claim-attacks-on-saudi-aramco-facilities/
DNV logs record monthly total of LNG-fuelled newbuilding orders
Classification society said March proved the hottest month in 10 years of keeping score
Containerships shine in otherwise flat week for US listed owners
One New York bulker company made a move upward and could bear watching from here
Government report suggests Russian crude output peaked in 2019
A draft document from the Russian Energy Ministry has been the subject of considerable comment in recent days with strong suggestions that Russian crude oil output could have peaked in 2019. The document contains base-case projections showing oil output falling to 10.71m barrels per day in 2021...
https://splash247.com/government-report-suggests-russian-crude-output-peaked-in-2019/
Navig8 VLCC pool keeps up Glencore chase after bad bunkers
Glencore was told the fuel was bad when it cut a deal to supply a VL8 Pool tanker