Month October 2026

Eurotankers gets $60m for vintage LR2

Eurotankers gets $60m for vintage LR2

Greek owner Eurotankers has reportedly sold its 2009-built LR2 for $60m, continuing to cash in older tanker tonnage as secondhand values remain elevated. S&P sources list the Hyundai Heavy Industries-built 105,291 dwt Eurointegrity among the latest tanker sales at $60m. The buyer has not been...

Contships goes big in China with up to 30 newbuilds

Contships goes big in China with up to 30 newbuilds

Greek feeder specialist Contships Logistics has launched a potentially 30-ship newbuilding programme in China as the Nikolas Pateras-led owner shifts its fleet renewal drive towards fresh tonnage. Wholly owned CLC Newbuildings has signed a letter of intent with Hubei Guangji Green Energy...

TGS to Reprocesses Seismic Data for Petronas’ Megah Discovery

TGS to Reprocesses Seismic Data for Petronas’ Megah Discovery

TGS has launched a 3D seismic reprocessing project covering about 514 square kilometers over Petronas’ Megah discovery in Block SB-3K offshore Sabah, Malaysia, with final products expected in April 2027.The project will apply TGS' Elastic Multi…