Steel Cut On Jones Act Product Tankers at NASSCO
General Dynamics NASSCO has started construction on the first of three 330,000 barrel capacity product tankers for SEA-Vista LLC, a joint venture between
General Dynamics NASSCO has started construction on the first of three 330,000 barrel capacity product tankers for SEA-Vista LLC, a joint venture between
In the three months ending in August, the United States and Canada swapped a record amount of crude oil with each other, one of the more bizarre consequences
The VLCC Al Kout was delivered last week by Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) as part of a series of vessels constructed for the
Things are slowing down at the U.S.’s largest oil-import
Saudi Arabian Oil Co. lowered the cost of its crude to the U.S., where production is the highest in three decades, deepening a selloff that sent prices to the
Suncor Energy Inc will look regularly at the economics of shipping Western Canadian crude from the country's East Coast to markets overseas, Chief Executive
Everyone in the oil market should stop panicking because crude supply and demand will return to equilibrium, OPEC’s Secretary-General
After losing 13 product tankers to Oaktree Capital Management earlier this year, Danish shipowner Torm has entered into an agreement with its 40+ lenders and
Oil tanker Carabobo, bringing Venezuela's first import of crude oil, arrived late on Saturday at the Jose port, where it is scheduled to unload up to 2 million
Houston headquartered Genesis Energy, L.P. announced today that it has agreed to acquire the Jones Act-qualifying MT American Phoenix and two related charters
Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker
Frontline Ltd (NYSE: FRO) the Bermuda-based crude oil shipping firm led by board chairman, John Fredriksen has brought on a new CEO to take the company
A laden product tanker remains aground in the middle of the Amazon River for a seventh day following futile attempts to free the
Despite falling oil prices, traders in recent weeks have booked just a few tankers to store cargoes at sea as higher freight costs outweigh any profit play for
The first tanker of imported crude ever bought by Venezuela has sailed from Algeria in a move to reduce costs by the South American state-run oil company
West Texas Intermediate extended its rout from the lowest price in 22 months amid speculation that rising U.S. stockpiles are exacerbating a global glut
Crude oil shipping firms Frontline Management and Tankers International formed a chartering joint venture called VLCC Chartering Ltd to increase their joint
The first U.S. export of Alaskan crude to South Korea in more than a decade set sail at the weekend, according to a company source and shipping data, marking
Nordic American Tankers Limited says that one of its vessels was involved in the rescue of 150 migrants in distress after their wooden boat began experiencing
Rates in the long-range tanker market for transporting oil products softened on Monday as lighter bookings took a toll on
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