October 23, 2019
TEN, LTD. (NYSE:TNP), a leading crude, product and LNG tanker operator, announced the delivery of an aframax tanker, the first in a series of four...
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Tankers
October 23, 2019
VLCC rates have spiked to all-time highs as a number of factors — from US sanctions on a Chinese shipping giant to ships going into...
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October 22, 2019
Bahri saw its earnings increase in the third quarter ended September 30, 2019. Specifically, net profit reached SAR 146.7 million (USD 39.1 million), compared to...
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October 21, 2019
Delivered tonnage of crude oil tankers have grown by +37%, whereas total fleet demolitions for 2019 have slumped to the lowest in a decade with...
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October 21, 2019
Tankers that had been scheduled to install emissions-cutting equipment ahead of stricter pollution standards starting in 2020 have deferred their visits to the dry docks...
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October 18, 2019
More than 30 oil tankers have anchored in the Malacca Strait off Singapore and Malaysia, according to Kpler, as traders stockpile fuel ahead of the...
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October 18, 2019
Soaring oil tanker costs are boosting Asian demand for crude grades produced closer to home. (more…)
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October 17, 2019
A supertanker owned by COSCO Shipping Tankers (Dalian) has received a temporary waiver from U.S. sanctions that has allowed the ship to discharge crude oil...
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October 17, 2019
Soaring oil-tanker costs are drying up activity in the U.S. export market as sellers are slow to lower offers and buyers are skittish, according to...
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October 16, 2019
Freight rates to ship U.S. crude to Asia eased on Tuesday from record levels as the shock of a global tanker shortage due to U.S....
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October 15, 2019
Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels one of the biggest boosts in years. (more…)
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October 14, 2019
Nearly 300 oil tankers globally have been placed off limits as companies fear violating U.S. sanctions against Iran and Venezuela, driving freight rates to new...
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October 14, 2019
Asian oil refiners are grappling with a jump in global freight rates that shows no sign of abating, driving up costs of crude imports from...
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October 10, 2019
Teekay Shuttle Tankers has placed USD 125 million senior unsecured green bonds due October 2024. (more…)
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October 10, 2019
Oil-tanker earnings surged above the $100,000-a-day marker on the benchmark route as a looming ship-fuel revolution combined with U.S. sanctions to supercharge rates. (more…)
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