tankers

By Keith Wallis SINGAPORE, June 30 (Reuters) – Freight rates for very large crude carriers (VLCCs) are likely to remain flat next week, a situation that

By Keith Wallis SINGAPORE, June 23 (Reuters) – Freight rates for very large crude carriers (VLCCs) could creep higher as more ships are chartered for

By Laura Blewitt (Bloomberg) — The hottest trade in the U.S. gasoline market is starting to cool. As America’s U.S. Gulf Coast refining complex seeks

by Ole Petter Skonnord (Reuters) Tanker firm Frontline, controlled by billionaire investor John Fredriksen, expects a growing number of supertankers to be used

By Keith Wallis and Henning Gloystein SINGAPORE, June 16 (Reuters) – Traders are increasingly storing oil in ageing supertankers in Southeast Asia

By Laura Hurst and Javier Blas (Bloomberg) — If a single ship can capture the current state of the global oil, it’s the supertanker Saiq, floating idly

By Jessica Jaganathan and Florence Tan SINGAPORE, June 12 (Reuters) – The costs to ship fuel and crude oil from Qatar are expected to rise after the

By Keith Wallis SINGAPORE, June 9 (Reuters) – Freight rates for very large crude carriers (VLCCs) face an uncertain week, possibly coming under pressure

June 7 (Reuters) – Tanker firm DHT Holdings said a court in the Marshall Islands rejected Frontline Ltd’s lawsuit against DHT selling a major stake

SINGAPORE/DUBAI, June 7 (Reuters) – Abu Dhabi port authorities have eased restrictions on oil tankers going to and from Qatar, according to industry

NYSE-listed Teekay Tankers (TNK) announced it has agreed to acquire all remaining and outstanding shares of Oslo-listed Tanker Investments (TIL) in a

By Natalie Obiko Pearson (Bloomberg) — Kinder Morgan Inc. has committed to expanding a pipeline that will allow Canadian crude to be exported to Asia, a

By Serene Cheong (Bloomberg) — OPEC is finally making the move that could help complete a mission that it’s failed so far: shipping less oil to the

By Clyde Russell LAUNCESTON, Australia, May 22 (Reuters) – One of the difficulties in constructing a narrative for the crude oil market and the output

By Catherine Ngai NEW YORK/LONDON/SINGAPORE May 19 (Reuters) – After the first OPEC oil production cut in eight years took effect in January, oil traders

(Drewry) – Recovery in the crude tanker shipping market is not expected until 2020 as weak trade growth and a bloated orderbook limit any rate recovery.

HOUSTON, May 8 (Reuters) – The Alaskan Frontier, a Suezmax tanker typically used to transport Alaskan North Slope crude to West Coast refineries, is

By Jessica Jaganathan SINGAPORE, April 25 (Reuters) – The tanker market may face a “difficult” second and third quarter this year after a

By Henning Gloystein and Libby George SINGAPORE/LONDON, April 21 (Reuters) – The jury is still out over whether an OPEC-led production cut aimed at

By Devika Krishna Kumar NEW YORK, April 20 (Reuters) – A tanker of gasoline en route to New York Harbor from Europe has been diverted to a Caribbean