Gary Dixon

3 weeks ago | tradewindsnews.com | Gary Dixon

Norway is set to import its first barrels of Libya’s Es Sider crude in 11 years. The cargo will be lifted by Greek owner Enesel’s 157,000-dwt suezmax Kanaris 21 (built 2021). The tanker is scheduled to load on 9 June and discharge at the Mongstad terminal on 23 June, based on fixture data cited by consultancy Kpler.

3 weeks ago | tradewindsnews.com | Gary Dixon

Greek owner Almi Marine Management is developing a new dual-fuel bulker that claims to solve the problem of storing enough hydrogen on board for deep-sea operations. The company has won approval in principle from Italian classification society Rina for an ultramax based on the 64,000-dwt Green Dolphin design from China's Shanghai Merchant Ship Design & Research Institute (SDARI). The ship, which will also run on LNG, will feature hybrid propulsion and advanced energy efficiency technologies.

3 weeks ago | tradewindsnews.com | Gary Dixon

London pools operator Tankers International has tallied a rising number of VLCC cargoes heading from Brazil to China, potentially providing support for rates. But spot earnings elsewhere continued to slump in over-tonnaged markets. Geopolitics and supply shifts are driving sustained tanker demand from the South American producer, the company said.

3 weeks ago | tradewindsnews.com | Gary Dixon

The Hansson family is still hoovering up stock in Nordic American Tankers (NAT) after the suezmax company came under fire for missing analysts' profit expectations. Founder, chairman and chief executive Herbjorn Hansson and his son Alexander Hansson, the vice chair, each added 100,000 shares to their holdings on Thursday.

3 weeks ago | tradewindsnews.com | Gary Dixon

Representatives of major shipowners gathered for the first time during Nor-Shipping as part of their work with the Achilles trade transparency network. Members, including Stolt-Nielsen, Odfjell and BW LPG, are taking a lead to strengthen responsible and resilient supply chains as part of the platform’s business advisory group, Achilles said.