Oil Tankers

After a legal show-down in Texas this week, the outlook for a handful of tankers holding some $300 million worth of Kurdish oil is not looking

Congressman John Garamendi (D-CA), Ranking Member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee,

Part of a Kurdish oil cargo has been offloaded from a Greek-managed tanker into another tanker in the South China Sea, but mystery surrounds the identity of

Maran Tankers Management (MTM), a shipping company privately owned by John Angelicoussis, placed an order today for four new Very Large Crude Carriers (VLCCs)

An oil tanker has started loading a cargo of condensate, or ultra-light oil, the first such export from the United States since the easing of a 40-year-old ban

Phillips 66, the refining company that saw its shares drop last month on news of expanded U.S. oil exports, said second-quarter profit declined 9.9 percent as

Acting on a request from the central government in Iraq, a U.S. judge has signed an order telling the U.S. Marshals Service to seize a cargo of oil from Iraqi

Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia’s state-owned power company Perusahaan Listrik Negara (PT PLN) has placed an order with Qingdao

Tor Olav Trøim, the financial wizard that helped enable the many successes of Norwegian shipping tycoon John Fredriksen announced today his intentions to step

An oil tanker floating off the coast of Texas is waiting to unload its cargo of oil from the Kurdish region of Iraq after receiving clearance

ExxonMobil Corp., operator of a $19 billion liquefied natural gas project in Papua New Guinea, said the development is producing at full capacity after

A ship carrying crude from Iraq’s Kurdistan region is off the coast of Florida, with the future of the oil aboard murky because of uncertainty over who has

Delta Air Lines Inc's refining unit has chartered a U.S.-flagged oil tanker for the first time, allowing it to tap directly into cheap Texas shale oil as the

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel

Teekay’s Research Project Manager, Nicholas Schneider notes that for the next year or so, the LNG shipping market globally will remain largely flat as

Rather than go through the costly process of the 15-year special survey, Frontline has agreed to sell three of their 1999-built VLCCs, Front Opalia, Front

City councilors in South Portland, Maine, voted late Monday night to ban the loading of crude oil onto tankers along its

China raised its net diesel exports to the highest level in four years as domestic demand trailed output growth amid a slowing

The four-decade-old ban on most crude exports from the U.S., now the world’s largest producer, will be weakened bit by bit as government rulings allow

“There is nothing going on here so you should probably find something else to do with your time,” commented the person who answered the phone at