July 18, 2018
Scorpio Tankers announced that it has agreed to sell and leaseback six MR product tankers (STI San Antonio, STI Benicia, STI St. Charles, STI Yorkville,...
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Tankers
July 18, 2018
Overseas Shipholding Group (OSG) announced that it has signed binding contracts with Hyundai Mipo Dockyard Company for the construction of two 50,000 deadweight tons class...
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July 13, 2018
Ship Finance International announced that it has agreed to sell the 2007-built jack-up drilling rig Soehanah to an unrelated third party and three 2002-built VLCCs...
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July 13, 2018
d’Amico International Shipping S.A., an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers signed a memorandum...
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July 10, 2018
BW Group has entered into a definitive agreement to buy a 36.3% stake in Hafnia Tankers, a shipping company formed by the management team of...
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July 6, 2018
Stolt-Nielsen reported unaudited results for the second quarter ended May 31, 2018. (more…)
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July 5, 2018
Freight rates have risen over the last quarter on VLCCs and Suezmaxes. However, there have been supply-side shocks which threaten to reduce tonne-mile demand and...
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July 4, 2018
DHT Holdings announced that it has entered into agreements to install exhaust gas cleaning systems, also know as scrubbers, on twelve of its VLCCs. (more…)
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July 4, 2018
The role of the US Atlantic market in clearing crude oil barrels from West Africa and Europe is likely to diminish through August as a...
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July 3, 2018
TOP Ships Inc., an international owner and operator of modern, fuel efficient “ECO” tanker vessels currently focusing on the transportation of petroleum products, announced that...
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July 3, 2018
Americas clean tanker markets are expected to remain in the doldrums inthe third quarter of 2018. (more…)
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June 29, 2018
Frontline announced that it has entered into memorandum of agreement (“MOA”) to acquire a 20% ownership interest in Feen Marine Scrubbers Inc., a leading manufacturer...
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June 28, 2018
US crude oil exports to the Mediterranean and West European countries have dragged down Aframax rates in these areas, seriously hurting the earnings of shipowners...
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June 28, 2018
Kuwait Petroleum Corporation (KPC) has issued its first ever tender to sell a new grade of crude oil in Asia, three industry sources with knowledge...
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June 27, 2018
Chinese oil refiners may not be able to import US crude at all if the government goes ahead and levies a 25% tariff on American...
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