
Tankers & Gas
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Signal links higher aframax returns to ‘bold’ repositioning moves
Greece-based shipmanagement and technology group sings praises of longer-term strategising over shorter-term gain

Sanctions and discounts fuel flurry of deceptive tactics to move Iran and Russia crude into China
Russian and Iranian dark fleet tactics are adapting to new sanctions realities and growing market-fuelled demand from China

Signal links higher aframax returns to ‘bold’ repositioning moves
Greece-based shipmanagement and technology group sings praises of longer-term strategising over shorter-term gain

Paul Dean looking to his legacy at HFW
‘I’ve been a litigator and advisory shipping lawyer for 36 years plus and I love it,’ reveals head of shipping

Crude tanker rates up double digits but stocks waylaid by macro fears
Today’s crude tanker rates and owner balance sheets would normally translate into decent stock valuations. But there’s nothing normal about the current environment. Investors are preoccupied with the trade war and tanker stocks are priced at hefty discounts.

Timor-Leste and Oman latest safe havens for sanctioned vessels
The vessels have reflagged with these registries over the past two months

US sanctions first vessels for trading with Houthis after Ofac deadline
The US sanctioned an LPG carrier and two tankers for discharging cargoes in Houthi-controlled ports after the April 4 deadline it announced in March

Timor-Leste and Oman latest safe havens for sanctioned vessels
The vessels have reflagged with these registries over the past two months
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Handysize bulkers sold for scrap while more ships being circulated for recycling
Two elderly handysize bulkers and a 2003-built chemical tanker sold for recycling in the past week

New tanker player Venergy Maritime eyes ‘step-by-step’ growth
The shipping offshoot of Vyron Vasileiadis-led V Group has just agreed to acquire a first pair of modern product tankers

US sanctions first vessels for trading with Houthis after Ofac deadline
The US sanctioned an LPG carrier and two tankers for discharging cargoes in Houthi-controlled ports after the April 4 deadline it announced in March

EXCLUSIVE: How an LPG tanker’s maiden voyage ended with the US sanctioning a sprawling Iranian gas network
A 2024-built very large gas carrier, Tinos I, arrived in Houston on June 2024 on its maiden voyage but has been sat at anchor since without lifting a cargo. Now, US authorities have sanctioned the vessel, along with the entire network of companies behind it, all operated by the Dubai-based gas magnate Seyed Asadoollah Emamjomeh who has for many years been the Iranian LPG kingpin

LPG relatively unscathed from USTR plan, but Chinese owners likely to exit US trades
The USTR plan was unveiled last week, and its final version provided much relief to exporters of energy commodities, with exceptions for bulk energy carriers arriving in ballast. However, China-owned or -operated LPG carriers are not exempt from fees, and could exit US trades following their introduction

Hanwha Ocean reports strong first-quarter results and announces major shipyard investment
The shipbuilder also announced a Won600bn investment to expand production capacity at its Geoje shipyard

After Trump’s first 100 days, shipping can see the outlines of the next 1,000
US-flag tonnage is already more protected than its equivalent in any other rich country. It’s just about to get more protected still

Global uncertainty holding back vessel investment, says Wärtsilä chief executive
A mixture of decarbonisation regulation, tariffs and USTR port fees has created considerable uncertainty in the shipping industry, and it’s affecting investment in newbuildings, Håkan Agnevall said

HD KSOE first-quarter operating profits surge on improved deliveries
Productivity improvements, which have accelerated since 2024, bring forward delivery schedule
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