December 13, 2019
Overseas Shipholding Group (OSG) has exercised options to extend its bareboat charter agreements with Norwegian-American shipowner American Shipping Company for four vessels currently under charter...
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Tankers
December 10, 2019
Daewoo Shipbuilding & Marine Engineering Co., a major shipbuilder in South Korea, said Monday it has secured a US$380 million order from Greece’s Angelicoussis Shipping...
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December 9, 2019
At the time when the product tanker market is gearing for a rise in freight rates after the implementation of the IMO 2020 regulation, the...
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December 6, 2019
Bahri Chemicals has joined Maersk Tankers and Cargill’s joint medium range (MR) pool which was launched in September 2019. (more…)
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December 6, 2019
Disruption to shipping from the long-anticipated switch to more environmentally friendly marine fuels has finally arrived, exacerbated by logistical problems as much as any shortage...
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December 6, 2019
The fate of at least 15 oil tankers idling off the coast of China holds the key to determining the path of global freight rates....
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December 5, 2019
A Greek-owned tanker was attacked off Nigeria by armed pirates who kidnapped 19 crew members – 18 Indian nationals and one Turk, leaving seven seafarers...
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December 4, 2019
Odfjell SE announced that the company has reached an agreement with Navig8 Chemical Tankers Inc (N8CTI, a N-OTC registered company), where the latter will add...
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December 4, 2019
The Trump administration on Tuesday blacklisted six oil tankers involved in the shipment of Venezuelan oil to Cuba, the latest in a series of sanctions...
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December 3, 2019
Samsung Heavy Industries, a major shipbuilder in South Korea, said it has won a 187.5 billion-won ($158 million) order to build a two ice-class oil...
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December 2, 2019
The manager of an oil tanker being probed by Brazilian authorities in connection with an oil spill off the country’s coast has found “no proof”...
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November 28, 2019
Crude oil tanker firm Frontline declared its first dividend in more than two years on Wednesday and said it plans to increase the payout in...
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November 27, 2019
TEN reported results (unaudited) for the quarter and nine months ended September 30, 2019. NINE MONTHS 2019 SUMMARY RESULTS TEN earned gross revenues of $422.1...
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November 27, 2019
Stolt Tankers has entered into a sale and leaseback agreement for 20 chemical tankers with CMB Financial Leasing (CMBFL). (more…)
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