Saudi Shipping Firm Bahri Sees Huge Profit Jump
DUBAI, Oct 8 (Reuters) – National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a significant
DUBAI, Oct 8 (Reuters) – National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a significant
By Manisha Jha and Naomi Christie (Bloomberg) — The world’s biggest crude oil tankers earned more than $100,000 a day for the first time since
By Ben Sharples and Naomi Christie (Bloomberg) — The global oil glut may soon expand to the ocean. While traders are already cashing in on the
(The following statement was released by the rating agency) LONDON, September 28 (Fitch) China’s slower growth and economic transition will pose
By Ole Mikkelsen COPENHAGEN, Sept 23 (Reuters) – Danish shipping company Torm said on Wednesday it would withdraw from the lacklustre dry bulk
By Jessica Jaganathan SINGAPORE, Sept 21 (Reuters) – Record high stocks of fuel oil in Singapore are pushing traders to store the shipping and
WASHINGTON, Sept 15 (Reuters) – The White House said on Tuesday it does not support a bill in the U.S. House of Representatives to repeal the
PARAGUANA, Venezuela (Reuters) – Venezuelan authorities have arrested seven people for allegedly attempting to smuggle diesel, an industry source
LONDON, Sept 10 (Reuters) – Nigeria has lifted a ban on 113 vessels into its territorial waters, a letter from the NNPC seen by Reuters on
By Naomi Christie (Bloomberg) — For operators of very large crude carriers, the tankers that move as much as 2 million barrels of oil across
By Manisha Jha (Bloomberg) — Slumping oil prices are spurring 4,000-mile (6,400-kilometer) diversions of tankers filled with diesel and jet fuel as the
By Javier Blas and Will Kennedy (Bloomberg) — Oil prices will remain at $40 to $60 a barrel into 2016 as rising crude supplies overwhelm demand,
By Naomi Christie (Bloomberg) — Oil traders are asking about options to store crude at sea, a development that could help rates for tankers to
Check out this perfect aerial time-lapse of UK-flagged tanker Galway Fisher entering the Port of Galway, located on the central west coast of Ireland in Galway
By Keith Wallis SINGAPORE, Aug 14 (Reuters) – Freight rates for very large crude carriers (VLCCs), which have fallen to their lowest level in 10
By Sinead Carew Aug 7 (Reuters) – Maritime stocks have broadly fallen this year as weak demand for some commodities and goods in Asia and
NYSE-listed Teekay Tankers (TNK) has agreed to acquire a fleet of twelve modern Suezmax tankers currently owned by Principal Maritime Tankers, a
By Libby George and Julia Payne LONDON/ABUJA, Aug 5 (Reuters) – The Nigerian president’s sudden, unexpected and seemingly unilateral
By Timothy Gardner and Valerie Volcovici WASHINGTON, July 30 (Reuters) – The U.S. Senate Energy Committee on Thursday narrowly passed a bill to
Some new photos and video from the Besiktas Shipyard in Turkey show the extent of damage sustained by a handymax tanker following its collision with a cruise
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