Tuesday, October 1, 2013

Suezmax Charter Costs at 16-Year Low

Charter costs for tankers hauling 1 million barrels of oil fell to the lowest in at least 16 years as the glut of vessels seeking cargoes leaves owners accepting rates that fail even to cover fuel expenses.

October 1, 2013
Total Views: 28

Monday, February 11, 2013
nordic american tankers

Nordic American Tankers May Double Its Fleet

(Bloomberg) — Nordic American Tankers Ltd., the third-largest owner of oil tankers hauling 1 million-barrel cargoes, said it may double its fleet within half a decade, betting rising Asian energy...

February 11, 2013
Total Views: 0

Tuesday, February 5, 2013
teekay americas spirit

Suezmax Owners Teekay and Euronav Boosted With Iraqi Oil, Iranian VLCCs Idle

(Bloomberg) — Oil tankers designed to navigate Egypt’s Suez Canal are getting the most cargoes in at least three years as Iraq fills a void left when the European Union...

February 5, 2013
Total Views: 16

Sunday, January 27, 2013
ast sunshine tanker

New Suezmax Tanker Quotes 10-15% Fuel Savings

Suezmax tanker AST Sunshine is expected to deliver fuel savings of 10-15% compared to standard tonnage. The tanker, a third generation, fuel-efficient Suezmax, will be employed on the spot market...

January 27, 2013
Total Views: 61

Monday, January 14, 2013

Dryships Takes $21 Million Thumping to Get out of Suezmax Newbuild Contracts

ATHENS – DryShips Inc. (NASDAQ: DRYS) announced today the sale, via novation, of two of its 158,000 DWT suezmax dry bulk carriers, the Esperona and Blanca, which are under construction at Samsung...

January 14, 2013
Total Views: 0