tankers


Thursday, April 6, 2017
oil tanker
News

Traders Clear Europe’s Tanks by Shipping More Gasoline to U.S.

By Ron Bousso and Libby George LONDON, April 6 (Reuters) – Traders are shipping more gasoline from Europe to the U.S. East Coast ahead of the summer

April 6, 2017
Total Views: 31

Friday, March 31, 2017
News

VLCC Rates to Stabilize Around Current Levels on owners’ resistance

By Keith Wallis SINGAPORE, March 31 (Reuters) – Freight rates for very large crude carriers (VLCCs), which have fallen to six-month lows, are likely to

March 31, 2017
Total Views: 30

Thursday, March 23, 2017
BW Utik vlcc supertanker tanker
News

BW Group Grabs Control of Tanker Firm DHT from Fredriksen’s Frontline

By Ole Petter Skonnord OSLO, March 23 (Reuters) – Privately-owned shipping firm BW Group became the top shareholder in tanker firm DHT Holdings on

March 23, 2017
Total Views: 80

Friday, March 3, 2017
vlcc supertanker
News

VLCC Rates Face Uncertainty on Tonnage Woes, Owner Resistance

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for very large crude carriers (VLCCs), which fell to four-month lows this week, face an

March 3, 2017
Total Views: 52

Thursday, March 2, 2017
Shipping News

Dubai Shipowner Weighs Share Sale, Islamic Bonds in Expansion

By Yousef Gamal El-Din and Sam Wilkin (Bloomberg) — Gulf Navigation Holding PJSC may sell shares or Islamic bonds as the Dubai-based shipowner plans to

March 2, 2017
Total Views: 818

Tuesday, February 21, 2017
oil tanker
News

DryShips Re-Enters Tanker Market

George Economou’s DryShips on Tuesday announced plans re-enter the tanker market with the acuisition of a VLCC and Aframax from two unrelated third

February 21, 2017
Total Views: 25

Monday, February 20, 2017
oil tanker
Shipping News

Gasoline Glut in New York Has Traders Sending Cargoes Abroad

By Laura Blewitt (Bloomberg) — The biggest gasoline market in the U.S. is bursting at the seams. Traders are lining up to export gasoline and diesel from

February 20, 2017
Total Views: 41

Monday, February 13, 2017
Libya’s Bouri Field Loads First Tanker -NOC
News

Libya’s Bouri Field Loads First Tanker -NOC

TRIPOLI, Feb 12 (Reuters) – A new floating storage and offloading (FSO) platform has loaded a first tanker with oil from Libya’s offshore Bouri

February 13, 2017
Total Views: 144

Friday, February 3, 2017
Crude Oil Tanker MT Aegean Unity Transiting New Panama Canal Locks
News

Traders Rush to Ship U.S. Oil as Export Window to Asia Opens

By Catherine Ngai and Florence Tan NEW YORK/SINGAPORE Feb 3 (Reuters) – Oil majors and trading houses are set to ship an unprecedented volume

February 3, 2017
Total Views: 26

Thursday, February 2, 2017
vlcc supertanker
News

BIMCO: Record High Crude Oil Tanker Deliveries Add Instant Freight Rate Pressure

January 2017 already accounts for 22% of the crude oil tankers previous year’s total deliveries, due to tremendous VLCC delivery growth. (BIMCO) –

February 2, 2017
Total Views: 242

oil tanker
News

Gasoline Tankers Dodge New York Again as Region’s Glut Returns

By Firat Kayakiran, Rachel Graham and Laura Blewitt (Bloomberg) — America’s East Coast gasoline glut is back and it’s so big that tankers bound

February 2, 2017
Total Views: 68

Tuesday, January 31, 2017
dht ann vlcc supertanker
News

DHT Tankers Says Value Above Frontline’s Bid

OSLO, Jan 31 (Reuters) – Tanker firm DHT Holdings estimated its net asset value at $5.7 per share on Tuesday, above a non-binding all-share offer made by

January 31, 2017
Total Views: 73

Monday, January 30, 2017
frontline tanker
News

Fredriksen’s Frontline Launches Offer for DHT Holdings

John Fredriksen’s Frontline Ltd made a non-binding proposal over the weekend where Frontline would acquire all outstanding shares of common stock of

January 30, 2017
Total Views: 61

Wednesday, January 25, 2017
nitc tanker
News

Europe Chomps Most Iran Oil in Years as Two Supertankers Head for Rotterdam

By Anthony DiPaola and Julian Lee (Bloomberg) — Europe is poised to receive the most Iranian crude in about five years this month in a sign that the

January 25, 2017
Total Views: 26

Friday, January 13, 2017
vlcc supertanker
News

VLCC Rates to Hold Steady as Ship Supply Matches Demand

By Keith Wallis SINGAPORE, Jan 13 (Reuters) – Freight rates for very large crude carriers (VLCCs) are expected to remain stable next week as buoyant

January 13, 2017
Total Views: 133

Friday, January 6, 2017
oil tanker
News

European Gasoline Arb to U.S. East Coast Widens but Ship Freight Rates Limit Flows

By Devika Krishna Kumar NEW YORK, Jan 6 (Reuters) – U.S. gasoline prices recently soared to multiyear seasonal highs over European prices, setting the

January 6, 2017
Total Views: 34

Friday, December 23, 2016
vlcc supertanker
News

VLCC rates to slide from nine-month high on lower cargo volumes

By Keith Wallis SINGAPORE, Dec 23 (Reuters) – Freight rates for very large crude carriers (VLCCs), which hit a new nine-month high this week, are on

December 23, 2016
Total Views: 75

Thursday, December 22, 2016
Two Medevaced from Tanker Off Texas
News

Two Medevaced from Tanker Off Texas

The U.S. Coast Guard medevaced two crew members of a Greek-flagged tanker on Wednesday after they were struck by a flying pressurized object off the coast of

December 22, 2016
Total Views: 17

Friday, December 16, 2016
vlcc supertanker
News

VLCC Rates Near 9-Month High

By Keith Wallis  SINGAPORE, Dec 16 (Reuters) – Freight rates for very large crude carriers (VLCCs), which climbed to a nine-month high this week,

December 16, 2016
Total Views: 25

Friday, December 9, 2016
vlcc supertanker
News

VLCC Rates Seen Slipping from Eight-Month High

By Keith Wallis SINGAPORE, Dec 9 (Reuters) – Freight rates for very large crude carriers (VLCCs) may slip next week as the pre-Christmas cargo flurry,

December 9, 2016
Total Views: 40