tankers

(Bloomberg) — The savings from new fuel-efficient ship designs justify paying 25 percent more for a tanker that carries refined fuels, the

The United States’ Maritime Administration has officially cancelled a widely opposed study that sought to revisit the use of double hulled tankers more

Knightsbridge Tankers Limited (Nasdaq:VLCCF) announced today that the sale of the VLCC Hampstead, which was discussed in their second quarter earnings release

Returns for tankers carrying oil products from the U.S. slumped after price gains in the country and Europe limited the incentive for trans-Atlantic shipments,

Farstad Shipping’s new PSV Far Solitaire was today named the recipient vessel of the prestigious Ship of the Year 2012 award at the SMM conference in

LONDON–Recently weakened prices of North Sea crude grades that form global benchmark Brent could find support in the coming days as up to 2 million

Frontline Ltd., the world’s largest operator of supertankers, reached an eight-month low in Oslo trading after forecasting deteriorating returns from

For the first time this year, slowing growth in oil demand is spurring analysts to cut estimates for earnings in the tanker industry’s largest vessels.

(Bloomberg) — The Louisiana Offshore Oil Port, the single largest entry point for crude coming into the U.S., plans to suspend offloading oil tankers

Asian refiners will reduce imports of West African crude in September by 9.4 percent from August to near the lowest level this year, a survey of six traders

Overseas Shipholding Group Inc. is running out of cash and must renegotiate a loan agreement as an industrywide slowdown and rejection of a federal debt

Aker Philadelpha Shipyard (Oslo: AKPS) breathed a huge sign of relief today as it signed a contract with Jacksonville-based Crowley Maritime Corporation for

John Fredriksen’s Frontline 2012 announced Monday that the company has placed an order for two VLGC’s marking the recently spun off tanker

(Bloomberg) — The flow of European gasoline to the U.S. is poised to advance to the highest in almost 10 months, according to a survey of people directly

Increased Asian imports of West African oil may lift demand for very large crude carriers as daily rates stay below $15,000, according to the Baltic and

(Bloomberg) — A surplus of oil tankers seeking cargoes in the Persian Gulf expanded, curbing an advance in charter rates for the vessels. There are 20

MUMBAI–The Indian government has selected Mercator Ltd. (526235.BY) to bring crude oil from Iran after it accepted a cover offered by a state-run

Teekay Corp.’s (TK) second-quarter loss narrowed as the tanker-ship company saw revenue rise and voyage expenses decline, as it also recorded a foreign

In a surprising listing on the U.S. Federal Business Opportunities website, the United States Maritime Administration has indicated that it is commissioning a

MUMBAI–Two of India’s largest shipping companies which carry crude from Iran haven’t yet been able to find suitable insurance cover, a