Oil Tankers

By Nidhi Verma (Reuters) – Two of India’s state-owned oil refiners have issued tenders seeking to charter tankers for at least five years while giving

By Serene Cheong (Bloomberg) — U.S. crude may owe supply from Mexico for helping it capture a share of the world’s biggest oil market this

By Laura Blewitt and Amy Stillman (Bloomberg) — Mexico is scouring the earth to stock up on diesel fuel before market-liberalization measures take

Tanker company TORM has announced its plan to list its shares on the NASDAQ Stock Market in New York, which TORM expects to complete before the end of 2017.

Crowley Alaska Tankers has agreed to purchase of three tankers from SeaRiver Maritime and will charter them back to SeaRiver under varying multi-year terms.

By Angelina Rascouet (Bloomberg) — Crude oil in floating storage is declining, showing that the market is rebalancing, OPEC Secretary-General Mohammad

BENGHAZI, Libya, Oct 1 (Reuters) – Benghazi’s commercial port officially reopened on Sunday after a three-year closure due to fighting between

By Devika Krishna Kumar and Libby George NEW YORK, Sept 26 (Reuters) – Just days after Hurricane Harvey smacked Texas and hobbled a quarter of U.S.

By Keith Wallis Sept 8 (Reuters) – Freight rates for very large crude carriers (VLCCs) on Asian routes may have found a floor this week as a

By Heesu Lee, Ann Koh and Laura Blewitt (Bloomberg) — Some traders who rushed to hire ships to send fuel from Asia to the U.S. after Hurricane Harvey are

By Keith Wallis Sept 1 (Reuters) – Freight rates for very large crude carriers (VLCCs) on Asian routes continue to sink on a glut of available

By Erwin Seba HOUSTON, Aug 30 (Reuters) – Tropical Storm Harvey inflicted more damage on the heart of the U.S. energy industry on Wednesday, churning

By Sherry Su, Alex Longley and Bill Lehane (Bloomberg) — Oil traders are rushing to book tankers to haul European gasoline across the Atlantic

By Laura Blewitt (Bloomberg) — Once rare American-built oil tankers are now plentiful, changing U.S. gasoline flows and giving shipowners headaches.

By Rania El Gamal DUBAI, Aug 16 (Reuters) – OPEC member Iraq has formed a joint venture with a shipping company owned by Arab states to transfer,

By Keith Wallis SINGAPORE, Aug 4 (Reuters) – Freight rates for very large crude carriers (VLCCs) on Asian routes from the Middle East could fall to a new

By John Kemp LONDON, Aug 2 (Reuters) – World trade is growing again which will give a big boost to middle distillates such as diesel used in the

SEOUL, July 30 (Reuters) – South Korea’s Hyundai Heavy Industries Co has won a contract worth up to $600 million from Vitol, the world’s

SINGAPORE, July 28 (Reuters) – Owners of modern very large crude carriers (VLCCs) could see a gain in charter rates amid tightening vessel supply but

LONDON, July 21 (Reuters) – The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30, when it was