Oil Tankers

July 12 (Bloomberg) — Bookings of the largest oil tankers jumped to the highest for the time of year since at least 2007 as demand for crude cargoes

(Bloomberg) — Brazil’s purchase of the first cargo of liquefied natural gas exported from Angola may signal weaker- than-expected demand for

The current heat wave on both US coasts makes the idea of going anywhere, with the exception of the beach, an unappealing task. Nevertheless, roads and

Navios Maritime Acquisition Corporation (NYSE: NNA) has announced plans to acquire two chemical tanker newbuilds as well as the exercised option to acquire two

LONDON, July 8 (Reuters) – Clean tanker rates for refined petroleum products on top export routes were mostly lower on Monday although the transatlantic

Navios Maritime Acquisition Corporation (NYSE: NNA) has announced the Nave Equinox, a 2007-built, 50,922 dwt MR2 Ice Class 1A product tanker was delivered

Nigeria’s liquefied natural gas company (NLNG) is expecting a ruling on Friday on a tax dispute with the maritime security agency, whose blockade of its

Scorpio Tankers Inc. (NYSE: STNG) has announced a big investment into the liquefied petroleum gas (LPG) transportation sector. The product tanker owner has

By McQuilling Services, LLC, Situational awareness requires that people know their surroundings and the risks inherent therein. In a crowded theater, one

June 28 (Reuters) – Shipping company Ardmore Shipping Corp filed with U.S. regulators to raise up to $160 million in an initial public offering of common

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