Oil Tankers

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

(Bloomberg) — Oil-tanker owners will struggle to retain crews and maintain ships after losing the most money in four decades, according to the

May 21 (Bloomberg) — Costs to ship liquefied petroleum gas will exceed the 2008 record as the U.S. expands exports amid rising demand in Latin America

LONDON, May 20 (Reuters) – Clean tanker rates for refined petroleum products on top export routes were softer on Monday in slower trade with a build up

The cost of shipping LPG headed for the biggest weekly gain on record as surging U.S. exports of the cooking fuel and chemicals feedstock sap vessel

d’Amico International Shipping S.A. (Borsa Italiana: DIS), announced today that it has exercised its option to purchase two additional 50,000 DWT

Since the first of January, Danish tramp shipper Norden has been executing a significant growth plan focused on both the dry bulk and clean product tanker

Clean tanker rates for refined petroleum products on top export routes were mostly lower on Monday with a rally on the transatlantic market running out of

(Bloomberg) — Charter rates for the largest oil tankers hauling Middle East crude to the U.S. climbed after stronger demand drew vessels to Asia,

Iran is using an Indonesian port in a strategy to keep up sales to buyers in Asia in the teeth of Western sanctions, sources

In 2010, Teekay and their JV partner paid just under $100 million to order a newbuild VLCC, but since then quite a bit has changed in the crude tanker