DHT Holdings goes from two CEOs to one

Crude tanker company DHT Holdings has employed two CEOs since 2010, but now, Trygve P. Munthe is retiring, making Svein Moxnes Marfjeld the sole chief executive going forward.

Maersk Product Tankers expects 2022 to be "not an amazing year"

There’s no doubt that 2021 was a miserable year for the global tanker industry. But 2022 could end up strong, many parties say. Maersk Product Tankers is more doubtful. ”2022 won’t be an amazing year,” CEO Christian M. Ingerslev tells ShippingWatch.

Maersk Tankers CEO sees no reason to merge tanker carriers

It has long been discussed, and the chief executive of a competitor points to Maersk Tankers as a driver in the tanker sector's consolidation race. However, Maersk Tankers CEO Christian M. Ingerslev does not see much sense in combining balance sheets, he tells ShippingWatch.

Torm moves climate goal forward by five years to 2025

By as early as 2025, Torm means to reduce carbon emissions from its operated tanker fleet by 40 percent, thereby moving forward its original target by five years. The tanker operator's end goal remains climate neutrality by 2050.

D'Amico secures refinancing from three banks

With loans from three banks, Italian product tanker operator d'Amico International Shipping has secured financing for the next five years, among other things through a sustainability-linked loan.

Tanker carriers undermine own market with excessive optimism

Although demand for oil has nothing but grown for 45 years, tanker operators are still overestimating their market. Time and again, they have built excessively in anticipation of a golden age, says departing Concordia Maritime CEO Kim Ullman in an interview with ShippingWatch.

The price of second-hand tankers is rising

The comeback of the global economy and the shortage of energy have pulled the price of second-hand tankers for crude oil and LNG out of last year’s doldrums, according to Vesselsvalue.

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