News
Singapore’s Ocean Tankers Wants To Return Ships To Owners
By Florence Tan and Anshuman Daga SINGAPORE, Oct 19 (Reuters) – The court-appointed manager for Ocean Tankers Pte Ltd has applied to the Singapore court to return most of the...
Monday, October 19, 2020
Monday, January 6, 2020
Maritime News
Tankers Sail to U.S. Gulf as Rates Surge
HOUSTON, Jan 6 (Reuters) – A flotilla of oil tankers is sailing empty from Europe and the Mediterranean toward the U.S. Gulf Coast to take advantage of surging shipping rates,...
Wednesday, November 27, 2019
Maritime News
Frontline Resumes Dividend As Tanker Market Improves
by Terje Solsvik (Reuters) – 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...
Wednesday, November 13, 2019
Maritime News
The Spike in Oil-Tanker Rates May Be Over, But a Boom Is Coming
By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –A surge in the cost of hiring oil tankers last month may already seem like a distant memory, but the rally was enough...
Monday, October 14, 2019
Maritime News
Geopolitical Risks Send Supertanker Rates to Record Levels
By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels one of the biggest boosts in...
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