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.

Suezmax Tanker on Auction in Singapore

Suezmax crude oil tanker Ambassador, which was arrested on January 19 in Singapore waters, has been put up for auction, according to Supreme Court of Singapore’s data.

Video: NASSCO Builders Take Liberty for a Spin

On Monday, February 20, NASSCO shipbuilders took the Jones Act tanker Liberty to sea for the very first time for tests and trials.

CRYO Shipping Unveils New Bunkering Tanker Design

Norwegian shipping company CRYO Shipping has developed a new type of tanker design, which would provide clean and cheap bunkers, in an effort to expand its foothold as an LNG feeder and bunker operator.

BIMCO: Fleet Growth Squeezes Crude Oil Tanker Market

The crude oil tanker segment composing of VLCC, suezmax and aframax ships, experienced a net-fleet growth of 7.3%, which is equal to 24.3 million dwt during the period from January 2014 to October 2016, according to BIMCO.

Frontline Raises USD 100 Mn for Fleet Expansion

Tanker owner and operator Frontline has completed its share offering raising gross proceeds of USD 100 million to fund growth opportunities through vessel acquisitions.

IMB: Pirate Dies in Attack on Tanker off Nigeria

An unknown number of pirates armed with automatic weapons in a speed boat approached and fired at a tanker while it was some 61 nautical miles off the coast of Bayelsa Coast, Nigeria, according to data provided by IMB Piracy Reporting Centre.