Teekay Predicts Marginal Revival of Tanker Rates by 2014
Teekay Market Analyst, Christian Waldegrave notes in his latest conventional tanker market report that there has been very strong growth in non-OPEC oil
Teekay Market Analyst, Christian Waldegrave notes in his latest conventional tanker market report that there has been very strong growth in non-OPEC oil
The domestic tanker industry in the United States is finding support from the boost in the nation’s crude oil
Clean tanker rates for refined petroleum products on top export routes were mostly softer on Monday although firmer bookings boosted earnings in the
By Meeyoung Cho SEOUL, June 24 (Reuters) – South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the
June 18 (Bloomberg) — China’s oil imports are contracting for the first time since 2009, reducing the biggest source of demand for crude tankers at
In a report by Charles R. Weber today, the shipbroker notes that the crude tanker market could be set for another 18 months of poor performance as ship
Moore Stephens' latest Shipping Confidence Survey produced evidence of increased enthusiasm for new investment, although doubts persisted about the
The surplus of tankers competing to ship 2 million-barrel oil cargoes from ports in the Persian Gulf expanded for a second
(Bloomberg) Charter rates for the largest oil tankers hauling Middle East crude to Asia slid the most since January this week as the supply of cargoes
Shipping magnate John Fredriksen sees no quick turnaround on the market for crude oil tankers, but is more optimistic about the outlook for other arms of his
While at the NorShipping conference in Olso, Rolls-Royce signed a contract with Bergen Tankers AS today to convert the Lloyd’s Register-classed chemical
The U.S. Coast Guard is again investigating a collision involving a tanker in Texas that resulted in some damage, but thankfully no pollution. The USCG said
Iran is storing 30 million barrels of crude at sea as sanctions hinder exports and projects that would allow it to build onshore facilities to hold oil,
The contract includes options to build four additional
With a total 54 newbuilds on order, NYSE-listed Scorpio Tankers says its appetite for fuel-efficient product tankers has finally been
By Balazs Koranyi OSLO, May 30 (Reuters) – Frontline Ltd, the tanker arm of shipping tycoon John Fredriksen’s business empire, expects losses to
(Bloomberg) — BW Group Ltd., the biggest owner of the largest liquefied petroleum gas carriers, will expand its fleet with ships valued at as much as
Singapore-based LPG shipper, Epic Pantheon International Gas Shipping Ltd. has contracted Sasaki Shipyard to build two 5,000cbm fully-pressurised LPG carriers.
BEIJING, May 28 (Reuters) – Top state energy group China National Petroleum Company has completed six oil storage tanks on an island off western Myanmar
GENEVA, May 24 (Reuters) – Angolan and Nigerian differentials were under pressure on Friday as some Asian refiners snubbed west African grades in favour
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