Product Tankers Hitting It Out of the Park
By Barry Parker (gCaptain) – February 5th, when the price caps on Russian refined products kicked in, was a pivotal day for the MR and LR1 tanker
By Barry Parker (gCaptain) – February 5th, when the price caps on Russian refined products kicked in, was a pivotal day for the MR and LR1 tanker
By Barry Parker (gCaptain) – Tanker stocks have been among the biggest gainers this year, propelled by the recovery in demand following the pandemic, the
By Barry Parker (gCaptain) – “All of these markets are humming” was the report from Lars Dencker Nielsen, the Commercial Director
by Chen Aizhu (Reuters) China has entrusted a defense-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of a deal
By Elizabeth Low and Debjit Chakraborty (Bloomberg)– Global energy markets that have thrown up plenty of anomalies in 2022 as flows get rerouted and
Rates in the long-range tanker market for transporting oil products softened on Monday as lighter bookings took a toll on
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
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
By Barbara Lewis and Robin Emmott BRUSSELS, Dec 16 (Reuters) – European negotiators, hoping to cut fuel bills, will press their U.S. counterparts in
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
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
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
Aker Philadelphia Shipyard (APSI) and Crowley Corporation have announced today a partnership to build four Jones Act-compliant, 50,000 dwt, 330,000-barrel
LONDON, July 8 (Reuters) – Clean tanker rates for refined petroleum products on top export routes were mostly lower on Monday although the transatlantic
Clean tanker rates for refined petroleum products on top export routes were mostly softer on Monday although firmer bookings boosted earnings in the
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
d’Amico International Shipping S.A. (Borsa Italiana: DIS), announced today that it has exercised its option to purchase two additional 50,000 DWT
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
“I am pleased with our results,” commented Angeliki Frangou, Chairman and CEO of Navios Acquisition on her company’s first quarter
Piraeus-based tanker owner, Navios Maritime Acquisition Corporation (NYSE: NNA) announced the delivery today of the Nave Atropos, a 74,695 dwt LR1 product
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