Shell to Fuel World’s 1st LNG-Powered Aframax Tankers

Russia’s SCF Group (Sovcomflot) has signed an agreement with Shell Western LNG B.V. (Shell) for the supply of liquefied natural gas (LNG) to fuel the first Aframax crude oil tankers in the world to be powered by LNG.

Gener8 Maritime to Shed Aframax Duo?

The US-based crude oil shipping company Gener8 Maritime has decided to sell two of its Aframax tankers to an undisclosed shipowner, according to data provided by VesselsValue.

Sovcomflot Orders Four LNG-Fueled Aframaxes in Korea

The Russian state-owned shipping company Sovcomflot has placed an order for the construction of four 114,000 dwt Ice-Class IA Aframax tankers at South Korean yard Hyundai Samho Heavy Industries (HSHI).

Tankers: Aframax market may see weakness in 2017; clean LR2s may often trade dirty – BRS

Weak growth in demand for Aframax tankers is likely to persist this year amid a relatively strong expansion of fleet for the next two years, Barry Rogliano Salles, one of the world’s oldest shipping brokerages, said.

TMS Tankers Buys 5-Year-Old Aframax

Greece-based shipowner TMS Tankers has decided to expand its fleet as it purchased an Aframax tanker Nissos Anafi from its compatriot Kyklades Maritime, according to VesselsValue.

Interest in Aframax time charters spikes amid increased fuel oil flow into Asia

Interest in Aframax time charters in Singapore has been rising on the likelihood of fuel oil ullage issues in February and March, market sources said Thursday.

Tankers: Aframax rates in the Americas shed one-third to open February

The Americas Aframax market has proceeded on a downward spiral since the start of the month, with freight on the most liquid run in the region falling w47.5 since January 31, as a tonnage oversupply continued its dominance of the Atlantic Basin.