Tanker Rates Gain for First Time in Three Weeks
Rob Sheridan (Bloomberg) — Charter costs for the biggest oil tankers hauling Middle East crude to Asia rose for the first time in three weeks amid
Rob Sheridan (Bloomberg) — Charter costs for the biggest oil tankers hauling Middle East crude to Asia rose for the first time in three weeks amid
“Stand by for some big news,” mentioned Bob Burke when I ran into him in Connecticut this spring. I met Bob a little over a year ago when we
(Bloomberg) — A glut of oil tankers competing to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf is set to stay at the highest
Teekay Tankers (NYSE:TNK) announced today a $188 million order for four new 113,000 DWT Long Range 2 (LR2) product tankers from South Korea’s STX
New York-based tanker company Overseas Shipholding Group announced last night that it has, in effect, fired its Chief Financial Officer and Treasurer, Mr.
Navios Maritime Acquisition Corporation (NYSE: NNA) announced today that it has signed a $143.8 million deal to purchase five MR2 product tankers with an
(Bloomberg) — The number of gasoline cargoes booked on tankers for shipment to the U.S. will expand in the next two weeks, according to a Bloomberg
(Bloomberg) — Frontline Ltd., the oil-tanker operator led by shipping billionaire John Fredriksen, said it’s rejecting some cargoes after a rout in
By Chen Aizhu BEIJING, April 2 (Reuters) – A Chinese tanker loaded crude in Iran in March, according to shipping data and an industry official, the first
A 16,909 DWT oil product tanker has struck the Sarah Mildfred Long bridge on the Piscataqua River, the river that forms the border between southern Maine and
(Bloomberg) — Exports of diesel fuel from the U.S. Gulf Coast are poised to climb as refineries returning from maintenance boost production, widening the
By Isaac Arnsdorf and Jasmine Wang March 27 (Bloomberg) — A Chinese supertanker able to haul 2 million barrels of crude sent a signal from Iran’s
(Reuters) – Indonesia-based oil and gas shipping company, PT Berlian Laju Tanker, filed for Chapter 15 creditor protection in a U.S. bankruptcy court on
Scorpio Tankers Inc. (NYSE: STNG) on Tuesday said it has agreed to construct six additional eco-friendly, LR2 product tankers for a total cost of $300 million,
(Bloomberg) — Charter rates for the largest oil tankers on the industry’s busiest trade route declined for the first time in three weeks amid
By Jonathan Saul LONDON, March 21 (Reuters) – Crude oil tanker earnings on the major Middle East route rose on Thursday, helped by firmer bookings,
Nord Integrity Captain Cut the Power and Drifted for Days to Save Fuel By Isaac Arnsdo (Bloomberg) — A tanker owned by D/S Norden A/S, Europe’s biggest
Euronav said Tuesday that it has added an additional $32 million to its 2012 losses from the sale of its newbuild Suezmax tanker, the 157,648 dwt Cap Isabella,
By Rob Sheridan (Bloomberg) — Frontline 2012 Ltd., the shipping company led by billionaire John Fredriksen, almost doubled the number of vessels
CALGARY, Alberta, March 18 (Reuters) – Canada’s government will examine strengthening oil tanker safety, including introducing new laws and
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