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Second LEG Carrier Handed Over to Ocean Yield

Norwegian shipowner Ocean Yield has taken delivery the delivery of the liquefied ethylene gas carrier Gaschem Orca from China’s Sinopacific Offshore & Engineering (SOE). Upon delivery, the carrier commenced a...

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Metrostar Orders Two More Aframaxes from Daehan

Greek shipping company Metrostar Management Corporation has ordered two more Aframaxes from South Korea’s Daehan Shipbuilding, VesselsValue data shows. Under the agreement signed on June 15, the shipbuilder is scheduled to deliver...

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Tanker Market A Mixed Bag During May

Dirty tanker market sentiment was diverse in May reflecting a variation in average spot freight rates for different reported routes. Dirty spot freight rates’ movement varied on each reported class....

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