Oil Tankers

StealthGas announced today four new additions to their newbuilding program consisting of two Korean-built 22,000 cbm semi-refrigerated LPG carriers and two

Cheniere Energy subsidiary Corpus Christi Liquefaction, LLC announced the signing today of a 20-year liquefied natural gas (LNG) sale and purchase agreement

Saudi Arabia, the world’s biggest oil exporter, shipped the least crude in almost three years in May as domestic refineries processed record amounts and

Samsung Heavy Industries announced today in an exchange filing the winning of a 6-ship LNG carrier newbuild order for a total consideration of KRW 740.7

By Lynn Doan July 16 (Bloomberg) — A four-decade-old ban on crude exports from the U.S. will survive another year, the chairman of the U.S. House’s

Windsor Petroleum Transport Corp (WPT), a Bermuda-based company that falls underneath International Tankers Corp and is 82.5 percent owned by Frontline Tankers

Enterprise Products Partners LP and Pioneer Natural Resources Co., two of the first fuel suppliers to win approval to send U.S. condensates abroad, may be

Iran's main oil tanker firm NITC will struggle for some time to call at European ports, get foreign insurance and overcome obstacles under western sanctions,

With U.S. domestic production at a 28-year high, the Louisiana Offshore Oil Port's managers are thinking the previously unthinkable: sending North American oil

Frustrated with unprofitability, Maersk Tankers announced today they are buying their six remaining bareboat chartered crude tankers and immediately

For more than 30 years, the Louisiana Offshore Oil Port LLC has been a symbol of U.S. dependence on foreign oil, pumping Nigerian and Saudi Arabian crude from

Belgian tanker owner Euronav has continued its fleet expansion today with a USD $342 million order for four VLCCs. The Japanese-built ships average 3-years of

The first 740,000 barrel cargo of heavy crude oil from the Papa-Terra FPSO, Chevron’s largest investment offshore Brazil, was successfully offloaded

U.S. Coast Guard crews launched a search Sunday for a tanker crewman reported missing off Port Aransas near Corpus Christi,

China’s Hudong-Zhonghua Shipbuilding Group has won a newbuild order for four 174,000 cubic meter LNG carriers from  a consortium consisting of BW Gas,

By Isis Almeida July 3 (Bloomberg) — Energia del Pacifico SA, the winner of a tender to build a power plant in El Salvador, plans to sign this month

Since Euronav’s announcement on 5 January 2014 of their acquisition of 15 Maersk Tankers’ VLCCs, the company notes that 8 ships have so far been

By Paul Tugwell July 1 (Bloomberg) — Increased U.S. exports of liquefied petroleum gas amid higher shale oil production will boost demand for ships that

Hyundai Mipo Dockyard (HMD) announced today the winning of a six-ship petrochemical tanker newbuild order worth KRW 187,500,000,000 (USD $185 million). The

By Anna Louie Sussman NEW YORK, July 1 – U.S. ship builders are making a $500 million bet on robust domestic demand for crude oil from newly-tapped shale