chemical tanker

Odfjell, NCC to cease Handysize pool

Odfjell Tankers and National Chemical Carriers (NCC) have decided to terminate their pool of Handysize coated chemical tankers.

Eitzen struggles on

Eitzen Chemical ASA has reported EBITDA of $33.5m for the full year 2012, an improvement on the $25.6m posted in 2011.

Parcel force

TANKERS Regulation, vetting, inspection and environmental standards are becoming more and more stringent for chemical tanker operators. HCB spoke to Janet Strode, general manager of the International Parcel Tanker Association, who is fighting their corner

Man wearing Nordic Tankers overalls checking pipes

Petronas wants control of MISC

Petronas has made an offer to take MISC Bhd private by increasing its current 62.7% stake to more than 90%.

Off the bench

ANALYSIS Overall, chemical shippers in Europe have paid lower freight rates this year than in 2011. But not every trade lane is showing the same trend, as LHC’s Michiel van Dorst and Gijs Hofman report

Den Hartogh road tanker

CTAC back to work

The US Coast Guard has scheduled a meeting of the Chemical Transportation Advisory Committee (CTAC) for December 11 to 13 in Washington, DC.

Stolt figures hit by weak market

Stolt Tankers has reported an operating loss of $0.8m for the three months to end August, down from the $4.5m recorded for the previous period.

Odfjell suffers weak chemship market

Odfjell reports weak demand and softer freight rates for its chemical tankers during the second quarter.

Odfjell starts to rebuild

Odfjell has placed an order for four 46,000 dwt coated chemical tankers from Hyundai Mipo. Delivery is scheduled for January to July 2014 and Odfjell says the four will cost "close to $160m".

BLT inches towards safety

Berlian Laju Tanker (BLT) has secured a three-month extension of the Orders granting court protection against action from creditors in Singapore.

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