Traders cancel light cycle oil cargoes ahead of China tax: sources

Traders are rushing to cancel loadings in North Asia of a range of oil products for sale to China, ahead of a planned Chinese consumption tax that will make the trade uneconomic.

Odfjell “Most Likely” to Cancel Five LPG Vessels

As the construction of its newbuildings continues to be substantially delayed, Bergen-based shipping and tank terminal company Odfjell SE said that it “will most likely” cancel the remaining five liquefied petroleum gas (LPG) carriers it has on order in C

Daiichi Chuo May Cancel Ships, Sell Stock as Rates Tumble

Daiichi Chuo Kisen Kaisha (9132) said it may cancel ship orders, pare its fleet and sell new stock after gettin...