Oil Tankers

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

Navios Maritime Acquisition Corporation (NYSE: NNA) announced today they have acquired the 2003-built VLCC Nave Celeste for purchase price of $35.4 million.

LONDON, Aug 12 (Reuters) – Striking security guards again halted loadings at Libya’s two largest crude oil export terminals, Es Sider and Ras

Aker Philadelphia Shipyard (APSI) and Crowley Corporation have announced today a partnership to build four Jones Act-compliant, 50,000 dwt, 330,000-barrel

Aug. 8 (Bloomberg) — NITC, Iran’s biggest tanker company, increased the capacity of its supertanker fleet by 23 percent this year amid sanctions

Navios Maritime Acquisition Corporation (NYSE: NNA) has announced that four of their eleven MR2 newbuild product tankers have just received charter contracts.

(Bloomberg) — The biggest slump in tanker rates since January is signaling weaker U.S. oil imports and spurring analysts to predict a 15-year low for

The KM Patriot Andalan, a Pertamina oil tanker, is seen as it sinks at Ternate port, Indonesia Maluku Utara province July 31, 2013. The oil tanker owned by

Earnings for tankers carrying 20,000 metric-ton cargoes in stainless-steel tanks will rise 12 percent to an average of $14,500 a day next year, the most since

LONDON, July 29 (Reuters) – Transatlantic clean tanker rates were steady on Monday, although slower activity put the brakes on a recent rally. Rates for

LONDON, July 22 (Reuters) – Pirates have released an oil products tanker and its 24 Indian crew after it was hijacked off the Gabon coast last week, the