tankers

Scorpio Tankers Inc.’s (STNG) offering of 30.7 million shares priced at a 5.2% discount of Tuesday’s close. The company will sell the shares at

(Bloomberg) — Saudi Arabian Oil Co., the world’s biggest state-owned crude producer, booked a tanker to haul a cargo to the U.S. Gulf Coast next

(Bloomberg) — OPEC’s deepest output cut since the global recession in 2008 is creating the biggest surplus of oil tankers in the Persian Gulf in at

By Geraldine Amiel PARIS–French integrated oil and gas major Total SA (TOT, FP.FR) Monday confirmed that Samsung Total Petrochemicals, its joint venture

Suezmax tanker AST Sunshine is expected to deliver fuel savings of 10-15% compared to standard tonnage. The tanker, a third generation, fuel-efficient Suezmax,

By Mikael Holter and Isaac Arnsdorf Jan. 25 (Bloomberg) — The market for oil and fuel tankers will be the first to recover from a glut in the shipping

Jan. 23 (Bloomberg) — Earnings for the largest oil tankers plying the industry’s busiest trade route plunged 76 percent, nearing a reversion to

Jan. 22 (Bloomberg) — The glut of supertankers competing for 2 million-barrel cargoes of Persian Gulf oil expanded to the highest in more than four

Jan. 21 (Bloomberg) — Trafigura Beheer BV agreed to buy three medium-range tankers to carry refined oil products such as gasoline, its first purchase of

Jan. 18 (Bloomberg) — The total number of new vessels joining the global fleet this year is expected to be as much as 220, about the same as 2012

Jan. 16 (Bloomberg) — Costs to ship Middle East oil to Asia, the tanker industry’s busiest trade route, fell for a third day as completion of cargo

The surplus of the largest oil tankers available for loading in the Middle East rebounded from a six-week low, according to a Bloomberg News survey. There are

The U.S. Coast Guard on Friday said that it has completed interviews, evidence collection, and a thorough safety inspection onboard the Overseas Reymar tanker

Deltamarin Ltd announced today they have been retained to become the designer for five 38,000 DWT stainless steel parcel chemical tankers for Stolt-Nielsen

Returns for the biggest oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, fell for a 10th session amid speculation

A double-hulled oil tanker owned by Overseas Shipholding Group sustained damage, but is not believed to be leaking oil after alliding with the San Francisco

ATHENS, Greece – Capital Product Partners L.P. (NASDAQ: CPLP) today announced that it acquired from Capital Maritime & Trading Corp. (CMTC) two post

Returns for the biggest oil tankers hauling Middle East crude to Asia, the industry’s benchmark route, fell for a fourth session as the year-end holiday

SINGAPORE–After scrambling for years to secure space in Singapore’s onshore oil storage tanks, some of the biggest fuel oil traders in Asia are

Oil terminals in the New York Harbor are expected to operate through a dock workers strike scheduled for later this week, traders and sources close to port