Dr Peters Gmbh News

UAE, Greece, USA: Worst Vessel Dumpers

The United Arab Emirates (UAE), Greece and the United States of America (USA) top the list of country dumpers of ocean-going commercial vessels in 2018, according to new data released today by the NGO Shipbreaking Platform.UAE owners were responsible for the highest absolute number of ships sold to South Asian shipbreaking yards in 2018: there were 61 ships in total.Greek owners, beached 57 vessels out of a total of 66 sold for demolition. American owners closely followed with 53 end-of-life vessels broken up on South Asian tidal mudflats.The ‘worst corporate dumper’ prize goes to the South Korean liner Sinokor Merchant Marine, said NGO Shipbreaking Platform.

Frontline Sells Tankers to OMI

The Bermuda-based Frontline Ltd. from OMI at $5.70 over a six month period. average of $20,000 per day for one year from delivery. expected early in the third quarter. Alliance Chartering, the cooperation between OMI and Frontline. shares. Symphony, to two German K/Gs promoted by Dr. Peters GmbH. are expected delivered to the new owners this month. charter period. SA (Euronav) and Overseas Shipholding Group, Inc. interests in six joint companies, which each own a VLCC. 50.1% each. in the four last mentioned vessels. to Frontline's commercial operations in Oslo. vessel will keep its current ownership structure intact.