Tanker companies General Maritime Corporation and Navig8 Crude Tankers Inc. have announced today they have entered into a definitive agreement to merge their respective assets into a new tanker company named Gener8 Maritime...

Asian buyers of ultra light oil from the United States are struggling to find small-sized ships willing to undertake the month-long voyage at affordable rates as U.S.-Asia oil trade flows grow.

Navig8 Chemical Tankers on Friday announced that it has signed shipbuilding contracts for the construction of two 25,000 dwt eco-design Stainless Steel Chemical Tankers to be built at Fukuoka Shipbuilding.

London-based Navig8 Tankers is well on their way to achieving a significant position in the evolving tanker market as they continue to head to Asian shipyards with orders for more...

STX Offshore and Shipbuilding has won a 746 billion won (US$696.5 million) order today to build 13 crude oil tankers including three Suezmax and ten Aframax-sized vessels, according to an exchange...