Oil Tankers

StealthGas Inc. (NASDAQ:GASS) announced today their plans to offer 8,000,000 shares of its common stock in order to partially fund the acquisition of five

April 22 (Bloomberg) — Exxon Mobil Corp., the world’s biggest energy company by market value, booked two tankers to haul oil to the U.S. Gulf Coast

TORM has entered into an agreement to sell five MR product tankers to a company controlled by Oaktree Capital Management. The sale is a consequence of the

LONDON, April 22 (Reuters) – Clean tanker rates for refined petroleum products on top export routes were mostly lower on Monday while active bookings

Deal marks Navios' entry into the container ship

A pipeline proposed for Canada’s west coast would boost demand for tankers carrying oil exports to the U.S. and Asia, according to E.A. Gibson

"The market is playing Russian roulette and on one voyage one day one charterer will find out there was a bullet in the gun after all," said Chief Executive

By Gopal Ratnam (Bloomberg) — The U.S. is lifting sanctions imposed in 2011 on three companies accused of doing business with Iran after they pledged not

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