U.S. Ethanol Imports Boosting Demand for Chemical Tankers
(Bloomberg) — The U.S. is importing the most ethanol in four years after the country’s worst drought in a half century drove corn prices to a
(Bloomberg) — The U.S. is importing the most ethanol in four years after the country’s worst drought in a half century drove corn prices to a
(Bloomberg) — Two U.S. senators who pressed for the economic sanctions that have reduced Iran’s crude oil exports and earnings have proposed
(Dow Jones) Frontline Ltd.’s (FRO, FRO.LN) third-quarter loss narrowed sharply as the oil tanker company’s operating expenses dropped, though
Norway’s Stolt-Nielsen (Oslo Børs: SNI) announced Tuesday that its subsidiary Stolt Tankers has ordered five 38,000 dwt parcel tankers from
(Bloomberg) — Sekavin SA, a Greek fuel supplier, said it’s investigating the origin of a cargo aboard an Iranian tanker off the Mediterranean
Earlier in November, Korea’s Hyundai Mipo Dockyard (HMD) delivered a highly innovative vessel named the King Gregory, a Lloyd’s Register-classed,
(Bloomberg) — A glut of the largest oil tankers in the Middle East is poised to fall to the lowest in 22 weeks as crude shipments to refineries across
(Bloomberg) — China is using the most supertankers in five months to meet record demand for oil imports, diminishing a glut of shipping capacity and
(Bloomberg) — Gasoline advanced for the first time in three days in New York Harbor as the waiver of shipping regulations following Hurricane Sandy
(Bloomberg) — The glut of oil tankers competing to load in the Persian Gulf dwindled to a seven-month low as China draws shipments, setting the
RIO DE JANEIRO—-The transportation arm of Brazilian state-owned energy giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Friday that it
(Bloomberg) — New York Harbor gasoline slumped for a third day after the waiver of the Jones Act allowed cargoes to be delivered from the Gulf Coast and
Overseas Shipholding’s (OSG) Chapter 11 filing to deal with its bulging debt isn’t a surprise. And it also won’t be the
Athens, Greece-DryShips Inc. (NASDAQ: DRYS), an international shipper of dry bulk and petroleum cargos, and through its deepwater drilling subsidiary, Ocean
Standard & Poor’s Ratings Services has lowered Overseas Shipholding Group’s long-term credit rating to ‘D’ after the company
(Bloomberg) — Overseas Shipholding Group Inc., the largest U.S. tanker operator, filed for bankruptcy protection after global shipping rates fell and the
Unlike cars, ships can’t just pull the e-brake and stop in the middle of the ocean when they rendezvous with another vessel such as an FPSO. For close
(Bloomberg) The supply of the largest crude tankers to haul Middle East oil is contracting as the vessels sail instead to West Africa, where the flow of
(Bloomberg) — Gasoline shipments to the U.S. from Europe are poised to fall after inventories of the auto fuel swelled because of distribution
(Bloomberg) — Crude tankers shipping almost 20 percent of the world’s oil curbed seven weeks of losses as declining fuel costs helped owners
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