Scandinavian tanker owners, Concordia Maritime and Neste Oil have reached an agreement to sell a pair of  jointly-owned, 2007-built Ice Class 1A panamax tankers, Stena Poseidon and Palva to the recently incorporated tanker company,...

As part of Neste Oil’s plan to exit the shipping business, the Finnish oil refining and marketing firm has reached an agreement this week with Norway-based OSM Group to transfer the ship...

Finnish oil refining and marketing firm Neste Oil has announced it will be selling off its entire fleet of ships and will outsource all ship management functions currently covering them....