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Odfjell completes purchase of two chemical tankers

Tanker:

As part of its expansion program, Odfjell has now changed its letter of intent for the construction of two new chemical tankers to an actual order placed at Chinese yard Hudong-Zhonghua Shipbuilding.


BY TOMAS KRISTIANSEN
Published 10.04.17 at 15:48

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Most read Tanker

North Korean tankers loading oil in Russia

nordkorea.jpg Tanker:

Eight vessels from North Korea, currently subject to sanctions, have this year loaded oil cargoes in Russia, with China and South Korea listed as their destination. But the course was changed at a later point, reports Reuters.

Maersk sells tanker carrier to family in a buyer's market

Tanker:

Maersk Tankers has been sold to the Maersk family's holding company at a time when investors are staying far away from product tanker. But the carrier could be sold on when the market recovers, analysts say.

A.P. Moller Holding A/S buys Maersk Tankers

Tanker:

The Maersk family's A.P. Moller Holding buys Maersk Tankers for USD 1.17 billion, informs the holding company Wednesday.

Bugbee: Maersk family will drive tanker consolidation

Tanker:

Robert Bugbee, CEO of Maersk Tankers' top competitor Scorpio Tankers, has great expectations for the Maersk family after its acquisition of Maersk Tankers. "I expect to see the Maersk family as a driving and consolidating force," he tells ShippingWatch.

This man will steer Maersk Tankers through the divorce

Tanker:

Maersk Tankers will be separated from Maersk Group and become an independent company as part of the split of the conglomerate. Christian Michael Ingerslev will head this process. Meet him here.

Team Tankers CEO projects recovery for the chemical market in 2018

Tanker:

The chemical and product tanker market will see improvement this year as well as next, and revenue from vegetable oil will rise again. This is the assessment from the CEO of chemical tanker carrier Team Tankers. He also anticipates growth for 10-mile vessels.

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Bugbee: Maersk family will drive tanker consolidation

IMG_3322.JPG Tanker:

Robert Bugbee, CEO of Maersk Tankers' top competitor Scorpio Tankers, has great expectations for the Maersk family after its acquisition of Maersk Tankers. "I expect to see the Maersk family as a driving and consolidating force," he tells ShippingWatch.

DSME looking to appeal ruling in Songa Offshore dispute

Suppliers:

Shipbuilder Daewoo Shipbuilding & Marine Engineering has filed for permission to appeal the ruling in the protracted dispute against driller Songa Offshore. The case concerns two delayed rigs.

MSC confirms order for 11 ultra-large vessels

Container:

MSC has ordered 11 ultra-large container vessels to be built at South Korea's DSME shipyard, a spokesman confirms to ShippingWatch.

OW Bunker estate has lost bunker price case

Services:

The OW Bunker estate has lost a bunker price contract case at the district court in Aalborg, Denmark, against three international shipping companies.

Seadrill bondholders said to fight debt plan

Offshore:

Some Seadrill bondholders have allegedly hired firm Stroock & Stroock & Lavan LLP as legal counsel to fight the restructuring plan announced last week.

Maersk bags potentially huge contract with the US Navy

Carriers:

Maersk Line has won a contract with the US Navy that could potentially total more than USD 190 million. With the contract, Maersk will operate seven vessels to transport military vehicles.

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