Oil Tankers

Dec. 23 (Bloomberg) — Qatar is poised to boost contracted liquefied natural gas exports to Europe by the most in five years as prices in the region are

Indonesian state-owned energy firm Pertamina will produce 17 percent less liquefied natural gas (LNG) in 2014, a company official

Dirty tanker rates on key Asian freight routes could edge down next week due to year-end holidays, but are likely to remain firm, ship brokers said on

Beleaguered tanker company Overseas Shipholding Group Inc. (OSG), saw today its stock jumping 36%, amid very heavy trading. The stock closed at $6.05 per

Navios Europe Inc. announced today they have acquired ten vessels from debtors of HSH Nordbank AG including five product tankers and five Panamax and

A Jones Act tanker was recently chartered for six months at a record high rate of $110,000 per day, market sources said, the latest sign of how surging U.S.

By Barbara Lewis and Robin Emmott BRUSSELS, Dec 16 (Reuters) – European negotiators, hoping to cut fuel bills, will press their U.S. counterparts in

For the tanker market, the breakthrough in Iranian talks in November will have a significant impact on the VLCC tanker market. For curtailing its nuclear

Dec. 15 (Bloomberg) — A Libyan rebel leader refused to hand over control of three oil ports to the government, keeping a lid on the North African

Dec. 13 (Bloomberg) — Shipping is at the start of a two-year rally, led by advancing rates to haul coal, iron ore and grains, as fleet growth slows and

In an exchange filing today, Hyundai Mipo Dockyard in South Korea announced  602.7 billion KRW ($573.4 million) order from BP Shipping for fourteen product

Tsakos Energy Navigation Limited (NYSE:TNP) has announced today strategic partnership with Statoil involving the construction and chartering of five to nine

Oil production from North American shale fields will outpace every member of OPEC except Saudi Arabia within two years, according to ExxonMobil Corp., the

The biggest U.S. oil boom in almost a quarter century is prompting refiners in the Gulf of Mexico to book the most tankers since at least 2011 to ship products

Wärtsilä has announced an order today from chemical tanker owner Stolt Tankers B.V. to supply the complete main propulsion systems for six new 38,000

Canada must be better prepared to respond to major oil spills if more crude starts to flow in pipelines to the country's Pacific Coast, a government panel said

Swedish tanker owner Terntank has stepped forward and placed the first order ever for the new Wärtsilä 5RT-flex50DF dual fuel, low pressure, 2-stroke

Crude traders are skeptical that the accord loosening some economic sanctions against Iran in return for limiting nuclear work will lead to a surge in oil

The global tanker market is still some time away from a full recovery and Frontline, the crude tanker arm of shipping tycoon John Fredriksen's business empire,

Record Asian oil demand is spurring the region’s refineries to charter the most supertankers in a year, driving shipping rates to the highest level