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K Line Adds VLCC Kisogawa to Its Fleet

Japan’s shipping major Kawasaki Kisen Kaisha (K Line) has expanded its fleet as it took delivery of the 311,000 dwt very large crude carrier (VLCC) Kisogawa on November 15. The newbuilding, which...

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Tanker Market Improved During October

In October, tanker spot freight rates for dirty vessels edged up across all classes trading on most major routes ahead of winter season requirements. VLCC spot freight rates achieved the...

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EU-US covered agreement

The announcement of a covered agreement between Europe and the US to enhance international insurance and reinsurance regulation has been long anticipated. When the IUA first began actively advocating the...

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