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Oaktree sells ore carriers for conversion into VLCCs

(Lloyd’s List) Conversions prompted by robust crude tanker market, while dry bulk market struggles and looks less attractive for owners

TWO vessels built to carry iron ore and oil have been sold for conversion into very large crude carriers, as interest mounts in the bullish crude tanker market while the dry bulk shipping market falters. 507 more words

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Whodunnit in Lombard Street

A year after the Licensing of the Press act finally lapsed in 1695 Mr Edward Lloyd, coffee-house keeper in Lombard Street, London, had a news letter printed for the benefit of his customers. 2,222 more words

17th Century

Frontline 2012 pays $96m for two modern suezmax tankers

(Hal brown for Lloyd’s List) John Fredriksen’s tanker vehicle eyes improving fortunes for these 1m barrel tankers

FRONTLINE 2012 has bought two modern suezmax crude tankers, expanding its fleet on the water to six as it seeks to take advantage of improving fortunes for these tankers. 306 more words

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Yard Talk | A look around South Korea's virtuous circle

By Tom Leander for Lloyd’s List. Read the full article here

Figures from VesselsValue.com show how South Korea and China have edged up the value chain… 766 more words

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