Oil Tankers

Euronav’s hopes of acquiring five OSG-owned VLCCs were dashed this week when OSG and their debtors came to an agreement to withdraw a

Erik Hånell, President and CEO of Stena Bulk notes in a phone call today that his company, along with Golden Agri (GAR), have bought six Samho-built chemical

In an emailed statement this morning, Maersk Tankers announced their plans exercise their option to order an additional two medium range product tankers from

Hyundai Mipo Dockyard won a newbuild order today for six product tankers. The 228.6 billion KRW (USD $211.8 million) order was from an undisclosed Marshall

The shipping industry is poised to emerge from its longest downturn in three decades, buoyed by an end to years of overcapacity that have depressed freight

Exmar LPG, the shipowning joint venture between Teekay LNG and Exmar NV, announced today the winning of long term charters for four of their midsize LPG

Delays to the $5.25 billion Panama Canal expansion may prolong a surge in rates for ships hauling liquefied petroleum gas between the U.S. and Asia, according

Euronav, the Belgian crude oil tanker company, has just bid for the acquisition of five tankers from Overseas Shipholding Group (OSG) as part of an asset sale

The Greenwich, Connecticut-based company owns and operates medium-ranged tankers to transport refined petroleum and other

About 10 years ago, a concept was developed by a group of Scandinavian engineers that provided a highly simplified cargo transfer solution for conventional oil

eams of workers, aided by ships and aircraft, will complete on Monday the sea cleanup of 164,000 litres of oil that leaked off South Korea's southern coast,

OSLO, Feb 3 (Reuters) – Oil tanker operator Frontline sold 8.8 million new shares in January as part of an equity distribution agreement with Morgan

Indonesian oil and gas shipping firm PT Berlian Laju Tanker, which narrowly escaped bankruptcy last year, said on Thursday it has cut its fleet size by 44

A group of insurers warned shipowners this week to be careful when signing deals to carry Iranian oil because the United States has not been able to clarify

By Kristen Hays and Anna Driver HOUSTON, Jan 29 (Reuters) – Marathon Petroleum Corp, Valero Energy Corp and Phillips 66, the three largest U.S.

In a phone call with Dynacom Tankers Management today, they note that the allegations by the Angolan Navy that the MT Kerala hijacking was faked are

Yamal LNG, a venture developing a liquefied natural gas export plant in the Russian Arctic, plans to pick a terminal for transshipping the fuel in Europe by

Nakilat has announced the securing of a USD $669 million loan facility with QNB Group today which the Qatari LNG shipper says they will use to refinance

Do not adjust your screen resolution, this interesting new ship is actually a compact accommodation vessel recently delivered to the Brazilian company

The National Iranian Tanker Company (NITC) is poised to carry crude oil to Asian buyers in its own vessels as sanctions ease following the implementation of