Qatar confirms plans for 60 new LNG ships

The head of Qatar Petroleum, who also serves as the country's energy minister, confirms Qatar's plans to order as many as 60 new LNG ships. The country is looking toward Asian shipyards for starters.

MOL Chemical Tankers buys into Dutch logistics company

Just over one month after acquiring Nordic Tankers, Japanese MOL Chemical Tankers has continued on its shopping spree. This time, the company has purchased shares in and has entered a partnership with a Dutch logistics firm.

Epic Gas sees signs of improving LPG market

Epic Gas' bottom line was negative in 2018, but there are signs of improvement towards the end of the year for the gas shipping company, which booked a slight profit in the fourth quarter and sees signs of a strengthening LPG market.

Scorpio Tankers' deficit grew in 2018

Scorpio Tankers saw its net deficit grow in 2018 in a dire product tanker market, though the fourth quarter brought "a dramatic improvement in the product tanker market," says the company.

EU Commission wants to keep CO2 data public

Information about ships' emission of greenhouse gases should be published, maintains the EU Commission after revising the so-called MRV system. However, the commission did budge on one point.

DHT CEO takes a jab at scrubber critics

Opponents of scrubbers are divided into two camps, says one of DHT's two CEOs. Those who do not have the funds to invest in them, and those who arrived at the party too late.

Lower fleet growth boosts Avance Gas earnings

Gas tanker operator Avance Gas has emerged from 2018 with a smaller deficit and a larger revenue. The company expects a strong 2019 market, partly due to the upcoming sulfur requirements.

DHT reports fourth quarter profit

In a generally tough year for the tanker sector, shipping company DHT Holdings finished the last quarter of the year with a positive bottom line. The start of 2019 indicates improvements in the market, says JP Morgan.

Concordia Maritime CEO: The next two years will be good

The prospects for product tanker are looking good, at least for the next two to maybe three years, says Concordia Maritime CEO Kim Ullman. His biggest worry is that tanker shipowners might do a classic shipping maneuver. ShippingWatch has interviewed Ullman.

Paddy Rodgers decides to step down

Euronav CEO Paddy Rodgers will step down in 2019 now that he has completed the merger with Gener8. Euronav's strategy will remain unchanged, says chairman.

Nordic Tankers has now been acquired by MOL

MOL Chemical Tankers has now completed its acquisition of Nordic Tankers from equity fund Triton. The sale means that the chemical tanker shipping company will now operate under the name MOL Nordic Tankers.

Tough tanker market pulled Concordia Maritime into the red

2018 brought three "record-weak" quarters, which were replaced by a strong finish to the year for Swedish tanker operator Concordia Maritime. 2019 is off to a strong start, but the first half of the year will be challenged by, among other factors, new ships hitting the water, says CEO Kim Ullman.

Celsius buys two more LNG ships in massive order

Celsius has exercised an option at South Korean yard Samsung Heavy Industries for another two large LNG ships. The order is worth USD 375 million. According to Reuters, Qatar plans to order a fleet of 60 newbuild LNG ships.

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