Tag: tankers

In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, looks at the surge in crude tanker newbuild contracting at the start of 2024, and positive outlook for very large crude carriers (VLCC) as the supply/demand balance could tighten and sailing distances increase. 

The Q1 2024 Shipping Market Overview & Outlook from BIMCO has been released which features an analysis of the tanker shipping market regarding supply and demand.

INTERTANKO and Veson Nautical have announced they launched the Version 6 of the Q88 Questionnaire for tankers. 

The oil tanker industry is facing challenges due to a shortage of new ships entering the fleet, with only two new supertankers expected in 2024— the lowest in almost four decades and 90% below the yearly average.

Chemship BV has revealed the first sails installed onboard a chemical tanker, made by Econowind, to reduce the vessel's emissions.

Thun Tankers has taken delivery of the Thun Resource, the first of eight eco-friendly vessels in its "Resource Efficient Class" series.

NYK Stolt Tankers has ordered six 38,000 deadweight tonne methanol-ready, chemical tankers from Nantong Xiangyu Shipyard. 

According to Reuters, tankers carrying Russian oil have continued sailing through the Red Sea with lower risks compared to competitors amidst Houthi attacks. 

GEFO has decided to invest ‘a three-digit million amount’ in ten new 3,850 dwt tankers. GEFO will have completed its current 400 million euro investment programme when the last newbuilding is delivered in summer 2024.

Navig8 has welcomed under its ownership the Navig8 Excel, the first of six newbuild MR vessels due for delivery by 2025 from New Times Shipbuilding Co. Ltd.