Sunday, September 12, 2021
Oil tanker in Ningbo Zhoushan port
Maritime News

ClarkSea Index Records Longest Month Of Gains Despite Tanker Market Doldrums

By Alex Longley (Bloomberg ) While for many shipping sectors Covid has brought a boom, for oil tankers it has meant loss-making trades for much of 2021 and owners effectively...

September 12, 2021
Total Views: 1162

Wednesday, March 17, 2021
lou vest oneeighteen navigation shipping

U.S. Refiners Scale Back on Hiring Ships

By Jonathan Saul and Laura Sanicola (Reuters) – U.S. refiners are scaling back on hiring ships for longer periods to save on costs in another sign of uncertainty over when...

March 17, 2021
Total Views: 2224

Monday, October 19, 2020
Ocean Princess Tanker

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...

October 19, 2020
Total Views: 1183

Monday, January 6, 2020
oil tanker at sea
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,...

January 6, 2020
Total Views: 6

Wednesday, November 27, 2019
frontline tanker
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...

November 27, 2019
Total Views: 13

Wednesday, November 13, 2019
tanker loading
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...

November 13, 2019
Total Views: 19

Monday, October 14, 2019
oil tanker
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...

October 14, 2019
Total Views: 15