May 24, 2018
The latest standoff between the U.S. and Iran may be leaving oil-tanker owners in more of a bind than in previous years. (more…)
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Tankers
May 23, 2018
Nordic Shipholding published interim financial results for the first quarter of 2018. (more…)
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May 18, 2018
Scorpio Tankers announced that it has agreed to sell and leaseback three MR product tankers (STI Ville, STI Fontvieille and STI Brooklyn) and two LR2...
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May 18, 2018
Long Range 2 tanker freight rates on the naphtha route from the Mediterranean to the East have dropped to a fresh 18-month low after an...
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May 17, 2018
Danish oil product tanker operator Maersk Tankers said on Wednesday it would wind down its customer agreements in Iran by November following new U.S. sanctions...
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May 17, 2018
Forget Iran and OPEC — there’s another issue that will keep oil prices supported for the next two years, according to Morgan Stanley. (more…)
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May 15, 2018
As the countdown begins for the restoration of US sanctions on Iran, many shipping companies such as Maersk Tankers and Torm are already refusing to...
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May 15, 2018
Pyxis Tankers Inc., an emerging growth pure play product tanker company, announced unaudited results for the three months ended March 31, 2018. (more…)
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May 14, 2018
Shareholders of Gener8 Maritime are scheduled to hold a special meeting on June 11, 2018, when they will vote on the merger with Euronav. (more…)
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May 11, 2018
European oil refiners and trading houses began preparing to cut purchases of Iranian crude after Washington imposed harsher sanctions on shipments from Tehran than many...
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May 11, 2018
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, reported its financial results for the first quarter ended March 31, 2018. (more…)
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May 10, 2018
The US decision to reinstate sanctions on Iran over its nuclear program, may result in more trade, to and from the Persian Gulf country, on...
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May 10, 2018
The snap-back of U.S. sanctions on Iran’s oil exports may well see international shipping companies, which have carried more than half of Iran’s oil exports...
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May 9, 2018
Odfjell reported its results for 1Q 2018. The results reflect a challenging chemical tanker market and a busy quarter of delivery and redeliveries of vessels...
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May 9, 2018
Iran’s exports of oil to China, Europe and other countries will decline later this year and into 2019 if the United States can enforce President...
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