Read all the latest news about Diamond S Shipping. ShippingWatch gives you independent, credible, critical and fair news.

Ship sales pull Diamond S Shipping into the red

Tanker shipping company Diamond S Shipping saw its deficit grow in the third quarter on losses related to ship sales. But the tanker rates have stabilized at a very high level, says optimistic CEO.

Torm may recover million dollar loss in a few months

Torm went from a historically bad market to the best rates in years in a very short time. "I expect it to be the best result since the same period of 2016," says CEO Jacob Meldgaard to ShippingWatch about the start of 2019.

Wilbur Ross' ownership of Diamond S under scrutiny

Several critical observers question US Secretary of Commerce Wilbur Ross' continued ownership of product tanker carrier Diamond S Shipping. The carrier's ties to China in particular are being criticized by ethics experts who point to possible conflicts of interest.

Diamond S har lagt syv nye tankskibe i Norden-pool

Norient Product Pool, som er delvist ejet af Norden, har fået tilført syv nye tankskibe fra amerikanske Diamond S Shipping i løbet af 2016. Det amerikanske tankrederi, som er kontrolleret af Wilbur Ross, trak sig i januar fra den Maersk-ledede Handytankers-pool.

Three tanker majors join forces in new pool

Frontline, Euronav, and Diamond S Shipping have established a new pool with Suezmax vessels to operate on the spot market. The new pool will have access to 43 vessels, the companies write in a press release.

Diamond S and OSG opt out of Maersk pool

Maersk Tankers' pool has lost vessels from two prominent US carriers because the results did not meet expectations. And this happens in spite of Maersk's great ambitions for its tanker carrier in the pool collaboration.

Norient Product Pool expanded with Diamond S

US-based product tanker carrier Diamond S, headed by major investor Wilbur Ross, is joining the Norient Product Pool, which already consists of Norden and INC. The new tonnage will give the pool its largest number of vessels ever.

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