Monday, September 29, 2014
four wind lr2 tanker taurus

Long-Range Oil Product Tanker Rates Fall

Rates in the long-range tanker market for transporting oil products softened on Monday as lighter bookings took a toll on sentiment.

September 29, 2014
Total Views: 41

Saturday, February 15, 2014
stena penguin p-max tanker

Concordia Maritime Shares Gain on New Charter Contract with Shell

Concordia Maritime (STO:CCORB) announced on Friday a signed agreement with Shell Tankers Singapore Pte Ltd for the charter of the 65,200 dwt P-MAX tankers Stena Penguin and Stena Progress. “Generally speaking,...

February 15, 2014
Total Views: 2

Thursday, December 26, 2013
iver expert
Maritime News

Los Angeles Gasoline Gains With Ships Chartered From West Coast

Dec. 26 (Bloomberg) — Los Angeles gasoline climbed to the highest level against futures in six weeks after three ships were chartered off the U.S. West Coast, pulling supplies from...

December 26, 2013
Total Views: 3

Monday, December 16, 2013
product tanker mr tanker

U.S. Trade Talks Could Deliver Cheaper Energy For Europe

By Barbara Lewis and Robin Emmott BRUSSELS, Dec 16 (Reuters) – European negotiators, hoping to cut fuel bills, will press their U.S. counterparts in Washington this week on including energy...

December 16, 2013
Total Views: 0

Wednesday, October 30, 2013
bahri chemical tanker

Hyundai Mipo Wins Order for 16 Clean Product Tankers

Hyundai Mipo added nearly a half billion dollars to their backlog today with a 16-ship order from an undisclosed Middle Eastern shipowner today. The order consists of six chemical carriers...

October 30, 2013
Total Views: 4

Tuesday, October 22, 2013
freja hafnia product tanker lauritzen

J. Lauritzen Sells Tanker Fleet

Shipowner J. Lauritzen, following their announcement in mid-August to gradually exit the product tanker market, has concluded the sale today of its fleet of ten wholly-owned product tankers to Hafnia...

October 22, 2013
Total Views: 34

Wednesday, October 16, 2013
Tofteviken lr2 tanker product taurus

Clean Transatlantic Tanker Rates Stay Weak On Slow Demand

LONDON, Oct 16 (Reuters) – Transatlantic clean tanker rates stayed pressured on Wednesday as slow bookings and a build up of vessels took their toll on sentiment. Rates for medium-range...

October 16, 2013
Total Views: 2

Friday, August 9, 2013
crowley florida mr tanker jones act

Aker and Crowley Announce Partnership to Build up to 8 Jones Act Tankers

Aker Philadelphia Shipyard (APSI) and Crowley Corporation have announced today a partnership to build four Jones Act-compliant, 50,000 dwt, 330,000-barrel product tankers, plus options to build another four product tankers....

August 9, 2013
Total Views: 6

Monday, July 8, 2013
four wind lr2 tanker taurus

Transatlantic Clean Tanker Market Seen Supported For Now

LONDON, July 8 (Reuters) – Clean tanker rates for refined petroleum products on top export routes were mostly lower on Monday although the transatlantic market remained supported by U.S. bookings....

July 8, 2013
Total Views: 5

Monday, June 24, 2013
medium range tanker transpetrol

Transatlantic Clean Tanker Rates Boosted By Firmer Bookings

Clean tanker rates for refined petroleum products on top export routes were mostly softer on Monday although firmer bookings boosted earnings in the transatlantic market.

June 24, 2013
Total Views: 0

Monday, May 20, 2013
Medium Range MR Tanker transpetrol

Transatlantic Clean Tanker Rates Hit By Ship Surplus

LONDON, May 20 (Reuters) – Clean tanker rates for refined petroleum products on top export routes were softer on Monday in slower trade with a build up of vessels putting...

May 20, 2013
Total Views: 3

Thursday, May 16, 2013

d’Amico Exercises Option for Pair of Eco-Product Tankers from HMD

d’Amico International Shipping S.A. (Borsa Italiana: DIS), announced today that it has exercised its option to purchase two additional 50,000 DWT “Eco”-product/chemical tankers from Hyundai Mipo Dockyard in South Korea....

May 16, 2013
Total Views: 1

Monday, May 13, 2013
medium range tanker transpetrol

Transatlantic Clean Tanker Rally Runs Out of Steam

Clean tanker rates for refined petroleum products on top export routes were mostly lower on Monday with a rally on the transatlantic market running out of steam.

May 13, 2013
Total Views: 1

Thursday, May 2, 2013
Nave Atropos sungdong shipyard

April Showers Bring More Tankers for Navios

“I am pleased with our results,” commented Angeliki Frangou, Chairman and CEO of Navios Acquisition on her company’s first quarter financials. The Piraeus-based tanker owner reported 18 percent growth of EBITDA...

May 2, 2013
Total Views: 6

Wednesday, April 24, 2013
Nave Atropos sungdong shipyard

Sungdong Shipyard Delivers LR1 Product Tanker to Navios

Piraeus-based tanker owner, Navios Maritime Acquisition Corporation (NYSE: NNA) announced the delivery today of the Nave Atropos, a 74,695 dwt LR1 product tanker, from Sungdong Shipyard in South Korea. Nave Atropos...

April 24, 2013
Total Views: 9

Monday, April 22, 2013
four wind lr2 tanker taurus

Transatlantic Clean Tanker Rates Rally to 2-Month High

LONDON, April 22 (Reuters) – Clean tanker rates for refined petroleum products on top export routes were mostly lower on Monday while active bookings pushed the transatlantic market to its...

April 22, 2013
Total Views: 42

Wednesday, April 3, 2013
medium range tanker transpetrol

Gasoline Cargoes to U.S. Seen Increasing in Shipbroker Survey

(Bloomberg) — The number of gasoline cargoes booked on tankers for shipment to the U.S. will expand in the next two weeks, according to a Bloomberg survey. Traders will charter...

April 3, 2013
Total Views: 1

Tuesday, March 5, 2013

Scorpio and Tsakos Set to Profit on Increased U.S. Production of Refined Products

(Bloomberg) — Record production of so-called ultra-light oil from U.S. shale deposits will spur demand for tankers hauling refined fuels because of three-decades-old laws banning most crude exports. Earnings for...

March 5, 2013
Total Views: 2

Thursday, February 28, 2013
Pelican state american petroleum tankers

Product Tanker Owners Set to Profit on Greater Exports of U.S. Naphtha

(Bloomberg) — Rising U.S. naphtha exports could displace seaborne trade from the Middle East to boost demand for refined-oil tankers by 0.4 percent for every additional 100,000 barrels shipped daily,...

February 28, 2013
Total Views: 4

Thursday, February 7, 2013
medium range tanker transpetrol

The Dark Ages for Product Tankers Looms on the Horizon [REPORT]

(Bloomberg) — Tankers that carry about half of the refined oil products transported by sea will lose money for the next five years as an oversupply of the vessels caps...

February 7, 2013
Total Views: 39