August 17, 2017
OPEC member Iraq has formed a joint venture with a shipping company owned by Arab states to transfer, store and trade crude and oil products,...
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Tankers
August 14, 2017
Mercator Ltd is planning to carve out its dredging operations into a separate unit and plans to raise as much as $200 million from financial...
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August 11, 2017
Yannis Angelicoussis-led shipping company, Maran Tankers, has reportedly sent one of its vessels for demolition for the first time since 2013. (more…)
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August 11, 2017
Euronav reported its non-audited financial results for the second quarter and for the first half of 2017. (more…)
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August 11, 2017
The Jones Act tanker segment remains highly sensitive to supply and demand but any change in dynamics could provide positive outcomes for OSG, CEO Samuel...
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August 10, 2017
Nordic American Tankers (NAT) has agreed two additional time charters with Shell. (more…)
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August 9, 2017
MISC announced its financial results for the financial period ended 30 June 2017. (more…)
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August 8, 2017
The shipping fleet trading in chemical and vegoil markets is expected to accelerate at a much faster pace than demand, weakening earning prospects, according to...
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August 7, 2017
Freight rates for very large crude carriers (VLCCs) on Asian routes from the Middle East could fall to a new low for the year next...
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August 7, 2017
Asia’s spot market demand for Middle East and Russian crude oil could rise this month as a regional price shift pares shipments from the Atlantic...
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August 4, 2017
The Great Eastern Shipping Company (GE Shipping) has signed a contract to buy a second-hand L2R product carrier of about 105,000 dwt, the company said...
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August 4, 2017
Torm has added two more MR tanker newbuild resales from Hyundai Mipo Dockyard. (more…)
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August 3, 2017
China’s gasoline and gasoil exports grew strongly in the first half but are unlikely to rise significantly in the second half of 2017 as Beijing...
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August 2, 2017
Tsakos Energy Navigation (TEN) has taken delivery of the eighth in a series of nine tankers built against long-term employment to an undisclosed European oil...
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August 1, 2017
d’Amico International Shipping S.A. announced that its operating subsidiary d’Amico Tankers D.A.C. signed a memorandum of agreement and bareboat charter contract for the sale and...
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