Researcher Claire Grierson says how and how much Russian fuel will be moved is not yet clear after EU ban
tankers
‘Accelerated’ ship sales help drive Euronav to best profit in three years
Belgian tanker owner boosted by rising asset values and better rates in fourth quarter
Stolt-Nielsen pushes tanker contract prices up 30%, but some clients exit
Chemical carrier renewals went well in fourth quarter but some players were not prepared to meet higher prices
Euronav directors reach out to Fredriksen and CMB after ‘unprecedented’ board threat
Grace Reksten Skaugen and colleagues are seeking to maintain dialogue with warring shareholder groups
Takeover saga dominates Euronav quarterlies
Euronav published its fourth quarter results today with a conference call from Antwerp due early this afternoon. The very solid results – with a net profit of $234.7m the best returns since the middle of 2020 – have been overshadowed by the ongoing takeover saga that has put top management at the...
https://splash247.com/takeover-saga-dominates-euronav-quarterlies/
Thousands of ships set to be hit by India’s age restrictions
Greek data firm MarineTraffic has provided some details of the ramifications of the upcoming Indian ban on older ships. New Delhi is readying age restrictions for ships calling at the world’s second most populous nation. Under the new rules no bulk carrier, tanker or general cargo ship aged 25 or...
https://splash247.com/thousands-of-ships-set-to-be-hit-by-indias-age-restrictions/
European tankers return to Baltic ports as new price-cap rules hit
The Kremlin says its customs teams will stop oil cargoes leaving Russian ports if the G7 price cap has been applied
Tanker book to keep shrinking unless 118 ships ordered in 2023, BRS says
Fundamentals continue to appear strong as higher prices still deterring owners from reaching for chequebooks
Greece’s Roswell Navigation places its biggest tanker in Navig8 pool
Suezmax acquired from Ridgebury Tankers in October joins current Ridgebury vessels in Suez8 operation
Lack of tanker S&P candidates driving owners to yards, SSY warns
Sale and purchase chief Toby English notes increasing newbuilding enquiry levels for bigger tanker sizes