Tanker Stocks Warming Up Before The Artillery’s Boom
The stock market’s indices are all down- but the tanker stocks are up. What’s with that? Conventional wisdom has it that “disruption”, however you
The stock market’s indices are all down- but the tanker stocks are up. What’s with that? Conventional wisdom has it that “disruption”, however you
By Archie Hunter and Anna Edwards (Bloomberg) — Oil prices could be set for a “prolonged period” above $100 a barrel over the next six to nine
“Could I be a little bit provocative here?” asked Hugo De Stoop, the CEO of listed tanker giant Euronav- the NYSE listed owner Euronav, one of a handful of
LONDON, Feb 21 (Reuters) – Greece-based Empire Navigation is investigating whether Iranian oil was transferred onto one of the vessels it
By Lucia Kassai (Bloomberg) Some U.S. producers of gasoline that have relied on imports of Russian oil are looking for alternative supplies amid heightened
When listed companies host investor conference calls, the best information usually comes out from the seemingly perfunctory “Q and A” sessions- when equity
By Julia Fanzeres (Bloomberg) — Brent oil soared to $95 a barrel for the first time since 2014 as political tensions between Ukraine and Russia
A superb panel of shipowners closed out the HACC/NACC (Hellenic and Norwegian Chambers of Commerce) Shipping Conference, suitably named “Out of the Abyss-
By Julia Payne LONDON, Feb 4 (Reuters) – Tanker and barge shipments in and out of Europe’s biggest oil hub have been delayed by up to a week as
Feb 3 (Reuters) – Euronav deepened its quarterly net loss as the spread of the highly contagious Omicron variant of the coronavirus dragged on the
By Marianna Parraga (Reuters) – An Iranian supertanker carrying about 2 million barrels of condensate this week began discharging at Venezuelan state-run
LIMA, Jan 31 (Reuters) – Peru Environmnent Minister Ruben Ramirez said on Monday that the governmment will temporarily suspend
The 2021 Q4 earnings reports will soon be coming in. While shipping investors have done well with container and drybulk names, the tanker market has struggled-
By Prejula Prem (Bloomberg) European refiners are planning to send more diesel than usual to the U.S., where inventories of the fuel are low and a cold snap
By Ari Natter, Jennifer Jacobs, Jennifer A. Dlouhy and Annmarie Hordern (Bloomberg) — The U.S. will release 50 million barrels of crude from its
By Prejula Prem (Bloomberg) — The cost of shipping diesel and other fuels to Europe from the U.S. Gulf has surged in recent days amid signs of an
By Jack Wittels (Bloomberg) — The head of a major shipping company wants a carbon tax for his industry by 2025, and he’s confident his customers are
By Arathy S Nair and Marianna Parraga HOUSTON, Sept 23 (Reuters) – U.S. oil refiners hunting to replace storm-lost U.S. Gulf of Mexico crude have been
What will Asia do with an oversupply of diesel and what does it mean for the tanker market or bunker
By Damian Shepherd (Bloomberg) — The summer doldrums are here for oil supertankers. Freight rates on the benchmark route from the Middle East to Asia
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