Oil Tankers

Navios Maritime Acquisition Corporation (NYSE: NNA) announced today that it has agreed to extend the existing charters on the LR1 Product Tankers Nave Atropos,

Finnish oil refining and marketing firm Neste Oil has announced it will be selling off its entire fleet of ships and will outsource all ship management

Scorpio Tankers Inc. (NYSE: STNG) has announced that four MR product tankers under construction in South Korea will be added to their fleet in exchange for

By Jonathan Saul LONDON, Sept 10 (Reuters) – Crude oil tanker earnings on the major Middle East route stayed under pressure on Tuesday with a surplus of

In a conversation with Ridgebury Tankers CEO Robert Burke this afternoon, he confirmed that his company has agreed to acquire four MR tankers from Yasa

While the sizzling summer months are coming to a close and cooler weather is beginning to set in in the North East United States, political tension in the

Aug. 28 (Bloomberg) — Frontline Ltd., the oil-tanker company led by billionaire John Fredriksen, urged shipowners to scrap crude carriers that are more

TRIPOLI, Aug 26 (Reuters) – Libya warned on Monday it will attack and destroy any tanker illegally exporting oil after forces last week fired at a

Teekay’s Market Analyst Christian Waldegrave reports a low, but seasonally “normal” summer in the conventional tanker market, with not much

By John Kemp LONDON, Aug 23 (Reuters) – The United States has emerged as a big net exporter of propane and other liquefied petroleum gases (LPGs), thanks

Frontline 2012 signed a heads of agreement (HOA) today with Stolt-Nielsen Limited (Oslo Børs: SNI) whereby Frontline 2012 will become a shareholder in

LONDON, Aug 21 (Reuters) – Libya’s Marsa al Brega port, which local sources said reopened on Tuesday, may handle oil cargoes in the next few days,

Ardmore Shipping Corporation (NYSE:ASC) signed newbuild contracts today with Fukuoka Shipbuilding for four 25,000 dwt IMO 2 eco-design product & chemical

Regardless of the state of the global economy, the world renowned Fifth Avenue in New York City is always bustling with optimistic shoppers looking for some

Aug. 15 (Bloomberg) — Demand for tankers to haul fuels including gasoline will benefit for several years as refinery expansions in India and the Persian

UPDATE: According to tracking data gathered by Windward Maritime Analytics Services Company, the Desh Shanti is underway again and steaming toward the Strait

Ridgebury Tankers acknowledged today their acquisition of a 158,000 dwt Suezmax, currently under construction at Samsung Heavy Industries. According to

Scanjet is has secured substantial orders for its Tank Management and Tank Cleaning products. Scanjet has received orders from Hudong Shipyard in China to

ABUJA, Aug 14 (Reuters) – Gunmen have released a fuel tanker which was hijacked off the coast of Nigeria, security sources and the vessel’s manager

The world’s first Modular Capture Vessel (MCV) was delivered today from Drydocks World to Singapore-based AET. Named Eagle Texas, the vessel was