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To our esteemed clients: It is with a very heavy heart that we must inform you that our founder and president, Captain Cesar Rojas Franco has passed away at the age of 86 years.  For those of you that knew Captain Rojas, we are sure that you would agree he was the epitome

Greek owners sign up for more suezmaxes Greek appetite for newbuild tanker tonnage remains high, with more orders coming from the suezmax segment. George Economou’s Cardiff Marine and Spiros Polemis-controlled Polembros Shipping have both been reported to have contracted two and one 157,000 dwt units in China, respectively. According to brokers in Greece,

Shipping companies must be prepared for the tightening EU regulations Shipping companies must prepare for stricter EU regulations as the European Union tightens emissions rules for the maritime sector. New regulations and customer demands will drive the need for low-emission maritime fuels like renewable biogas and synthetic methane. Gasum stands ready to assist

Winners and losers from lifting of sanctions on Venezuela Suezmaxes and aframaxes look set to be the beneficiaries of last week’s announcement that the US will ease sanctions on Venezuelan oil, though analysts remain divided on whether the development is good news for the tanker sector as a whole. The US has issued

Ship Concept 2030: Are cargo owners doing enough to drive change? Who will drive the ship changes coming up? Splash takes a look at what customers are doing..For Khalid Hashim, the veteran managing director of Thai-listed dry bulk owner Precious Shipping, the way to ensure shipping goes green rapidly is with three regulations – a

Shipowners expect fleets will use three or more fuels by 2030 A survey of shipping companies found that the multi-fuel future expected for the maritime industry applies to individual fleets as well as the broader market. Gary Howard | Apr 20, 2023 Stakeholders in the shipping industry face the challenge of choosing alternative

US analysts focus on LNG shipping stocks in FLNG/FSRU space The LNG shipping sector has seen a reshuffling of listed entities in recent years, against the backdrop of extreme cyclicality. Barry Parker | Apr 11, 2023 A year after the Russian invasion of Ukraine, and resultant changes in seaborne flows of LNG, the

The Year of the Rabbit brings good tidings for VLCCs Mette Frederiksen, head of research and insight at Tankers International, writes for Splash today. China is a key driver of the VLCC market. The sheer scale of the country’s need for oil and an infrastructure system built to accommodate large crude oil tankers

Five reasons for tankers owners to be cheerful in 2023 New York broker Poten & Partners has identified five reasons why tanker owners should be cheerful this year. Paul Bartlett | Jan 16, 2023 The firm’s projections come with a health warning, however. Nobody forecast Covid-19 or Russia’s invasion of Ukraine – developments

Tankers To Stay the Course During 2023 The tanker market is expected to stay firm during 2023, with both demand and supply fundamentals expected to help the market to remain at high levels. In its latest weekly report, shipbroker Gibson said that “12 months ago, we titled our closing report of 2021 ‘A