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
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
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
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
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
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
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
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