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Brookfield Or Hafnia: Who Actually Wants Torm?

Oaktree left Torm's register after eleven years, and not by selling. Brookfield replaced it on July 31 without buying. Hafnia bought 13.97 percent and backs consolidation.
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Which 2018 Deal Is CMB.TECH Quietly Cashing In?
CMB.TECH announced on August 3 that it has sold the Donoussa and expects a capital gain of approximately $74.4 million in the fourth quarter.
 • Gosships Intelligence
Hanwha's First Supertanker Sailed Under Vitol's Fleet Name The Week Gulf To China Ran At $423,434 A Day
Elandra is Vitol's fleet name and the ship's technical manager is Vitol's own. She sailed in ballast, no charter reported. Fearnleys put a year at…
 • Gosships Intelligence
Exxon, Chevron Or Tankers: Who Hit The Hormuz Jackpot?
Exxon, Shell, Chevron, TotalEnergies and Equinor cleared $68.69bn, up 73 percent. Teekay's adjusted profit hit a company record. Frontline and DHT…
 • Gosships Intelligence
Who Bought Scorpio’s Old Tankers at Newbuild Prices?
Nineteen ships in seven months, $1.01bn. The last four averaged $71.45m against a $70.7m newbuild book. Seven have no named buyer.
 • Gosships Intelligence
Why Did OFAC Blacklist The Insurers Iran Built?
Iran's own insurance regulator built one, its economy ministry the other, which takes Bitcoin. OFAC blacklisted both Wednesday. They cover seizures…
 • Gosships Intelligence
Why Did Glencore Pay 5.8 Times to Cross Hormuz?
Glencore expects $3.3 billion from trading in the first half, more than all of last year. Then it paid Worldscale 580 for 1 vessel.
 • Gosships Intelligence
Would Lloyd’s Drop Your Cover If Iran Forced You?
Clause LMA5708, published 23 July, discharges a ship’s hull insurers the moment its owner pays to cross Hormuz. It writes no exception for coercion.
 • Gosships Intelligence
Can Europe Legally Sell the Russian Oil It Seizes?
673 tankers are listed and the EU can now sell the crude it seizes, but no cargo has sold and Germany’s attempt failed in court.
 • Gosships Intelligence
How Is Panama Winning the Hormuz Jackpot but Losing to China’s Detentions?
Canal revenue is beating its $5.2bn forecast as Hormuz reroutes US gas to Asia. A seized canal port has hundreds of ships fleeing Panama’s Flag.
 • Gosships Intelligence
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