Iran Hails First Oil Shipment from New Floating Terminal
The first oil shipment from Iran’s floating oil storage unit (FSU), Khalij-e-Fars has recently just been completed, according to the Iranian Offshore Oil
The first oil shipment from Iran’s floating oil storage unit (FSU), Khalij-e-Fars has recently just been completed, according to the Iranian Offshore Oil
13 months after placing an order for twenty Capesize bulk carriers, Scorpio Bulkers is modifying their order and instead swapping out three of their Capes for
Over the past year, Philadelphia photographer Charles Cerrone has gained access to wield his camera within the confines of one of the United States’
Iran is sidestepping Western sanctions and managing to sell hundreds of thousands of tonnes of fuel oil every month through companies based in the U.S.-allied
Over the past year, Philadelphia photographer Charles Cerrone has gained access to wield his camera within the confines of one of the United States’
Shipping firm Stolt-Nielsen reported fourth quarter earnings below forecasts on Thursday and said it was concerned about the outlook for the chemical tanker
After being stuck in legal limbo for six months, a tanker loaded with 1 million barrels of Kurdish crude headed east on Tuesday to leave U.S. waters after
After being stuck in legal limbo for six months, a tanker loaded with 1 million barrels of Kurdish crude headed east on Tuesday to leave U.S.
The window to sell Western fuel oil to Asia is starting to close as demand for a limited fleet of supertankers to store cheap crude pushes freight rates to
Overseas Shipholding Group, Inc. (NYSE MKT:OSGB) announced Thursday the appointment of Captain Ian T. Blackley as its new President and Chief Executive
Inspired by an upturn in shipping markets after one of the worst sector downturns on record, a batch of oil tanker companies are looking to raise capital
Belgian crude oil shipping group Euronav said on Tuesday that it was going ahead with its plan to list shares on the New York Stock Exchange in a public
There’s good reason Ryan Lance is the CEO and Chairman of ConocoPhillips. He’s a smart and charismatic guy who can paint a very rosy picture
Traders are shipping West African crude to the United States to store the oil until prices recover, as the global glut forces them to source any tanks
Supertanker owners from Tokyo to Athens said demand to store oil on vessels is strengthening, with Morgan Stanley and Evercore Partners Inc. predicting the
Shipper Navigator Holdings Ltd expects continued demand for petrochemical gases in the fourth quarter to make up for a fall in liquefied petroleum gas (LPG)
The bitterly cold and rainy skies in Philadelphia today were perhaps a foreboding reminder of where ExxonMobil’s newest crude oil tanker, Eagle Bay will
Frontline Ltd., the oil tanker company led by billionaire John Fredriksen, surged in Oslo trading amid speculation that a plunge in crude prices is spurring
Norwegian chemical tanker owner Odfjell announced a restructuring plan today which will result in a reduction of up to 85 positions at their office in Bergen,
Some of the world's largest oil traders have this week hired supertankers to store crude at sea, marking a milestone in the build-up of the global
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