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tankers


Thursday, August 2, 2012
Morten Arntzen OSG CEO
News

World’s Largest Oil Tanker Pool Takes a Hard Look at the Spot Market

(Bloomberg) — Tankers International LLC, operator of the largest pool of the biggest oil carriers, wants to shift hiring of its vessels back to

August 2, 2012
Total Views: 122

Wednesday, August 1, 2012
Bow oceanic odefjell tanker chemical
News

Odfjell Looks to Expand Fleet with $160M Chemical Tanker Newbuild Order

Odfjell announced today they have signed a newbuild contract worth close to USD $160 million with Hyundai Mipo Dockyard for four new 46,000 DWT chemical

August 1, 2012
Total Views: 67

OSG tug barge delaware bay
News

OSG: Disappointing Quarter for MR Tankers, US Flag Sector Continues to Perform

Overseas Shipholding Group, Inc. (NYSE: OSG), one of the world’s largest publicly traded tanker companies in the world carrying nearly 11 million DWT

August 1, 2012
Total Views: 15

Monday, July 30, 2012
oscilla frontline vlcc
News

Bunker Prices are Still Crushing Shipowners as Asian VLCCs Post Huge Net Losses

(Bloomberg) — Losses widened for oil tankers hauling 2 million-barrel crude cargoes on the industry’s benchmark route to Asia from the Persian Gulf

July 30, 2012
Total Views: 8

Friday, July 27, 2012
Bunga Alpinia Death Toll Rises to Three

Bunga Alpinia Death Toll Rises to Three

The death toll in the chemical tanker fire in Malaysia has risen to three after two more bodies were recovered from the water not far from the burning tanker.

July 27, 2012
Total Views: 528

Nippon Princess tsakos energy navigation
News

Tsakos Energy Navigation Scores $14.5 Million Contract Extension for the Nippon Princess

Tsakos Energy Navigation Limited (TEN) announced a new two-year time charter extension today for their 2008 built, 105,392 dwt, double hull aframax tanker,

July 27, 2012
Total Views: 54

Thursday, July 26, 2012
Bunga Alpinia 3 fire explosion malaysia
Fire Incidents

Chemical Tanker Explodes Off Malaysia, Fire Now Threatens Nearby Methanol Silo [UPDATED]

UPDATE (7/27/12): Bunga Alpinia Death Toll Rises to Three Original (7/26/12): An explosion and fire, reportedly the result of a lightning strike, engulfed the

July 26, 2012
Total Views: 1590

Tuesday, July 24, 2012
VLCC Owners See Lowest Returns Since 2008 And It Ain’t Getting Better

VLCC Owners See Lowest Returns Since 2008 And It Ain’t Getting Better

(Bloomberg) — A glut of the biggest oil tankers in the Persian Gulf expanded, a Bloomberg survey showed, adding to pressure on owners facing returns near

July 24, 2012
Total Views: 1

Monday, July 23, 2012
scorpio tankers
Finance

Scorpio Tankers Accepts Deliver of the STI Amber, Funding for Newbuild Program Extended

Scorpio Tankers Inc. (NYSE: STNG) announced today that it has signed an agreement with its lenders to extend the availability period of its $115

July 23, 2012
Total Views: 3

Saturday, July 21, 2012
vlcc supertanker crude oil tanker lightning stormy seas
News

102.5 Million Barrels of Oil Are Enroute to China, Right Now

(Bloomberg) — Crude-oil shipments aboard supertankers bound for China fell 2.5 percent this week, according to ship-tracking data compiled by Bloomberg.

July 21, 2012
Total Views: 13

Friday, July 20, 2012
Pentagon: Iran Has Plans to Attack Oil Platforms and Tankers [WSJ REPORT]

Pentagon: Iran Has Plans to Attack Oil Platforms and Tankers [WSJ REPORT]

By Julian E. Barnes, The Wall Street Journal WASHINGTON — U.S. government officials, citing new intelligence, said Iran has developed plans to disrupt

July 20, 2012
Total Views: 14

medium range tanker transpetrol
News

Bookings for MR Tankers On the Rise as Gasoline Inventories Dwindle

(Bloomberg) — Gasoline shipments across the Atlantic Ocean from Europe may increase after inventories of the auto fuel on the U.S. East Coast reached

July 20, 2012
Total Views: 3

Wednesday, July 18, 2012
Exxon Valdez Still Fighting on Death Row
Blog

Exxon Valdez Still Fighting on Death Row

The M/V Oriental Nicety, aka the Exxon Valdez, is due to appear in front of India’s Supreme Court on Thursday to determine whether or not the vessel is

July 18, 2012
Total Views: 28

front chief vlcc frontline tanker crude oil
News

US and China Sit on Huge Stockpile of Crude as VLCC Charters Hit 17-Month Low

(Bloomberg) — The number of oil-tankers booked to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf is poised to slump to a 17-month

July 18, 2012
Total Views: 5

Monday, July 16, 2012
limerick spirit teekay tanker
News

Teekay’s Future Looks Bright as Russian Crude Exports Energize Tanker Market

(Bloomberg) — Teekay Corp., the biggest operator of Aframax crude tankers, is poised to return to profit after three years of losses as record Russian

July 16, 2012
Total Views: 54

Friday, July 13, 2012
kharg island satellite
News

Japan Dodges EU Embargo, Loads Supertanker at Iran’s Kharg Island

(Bloomberg) — Japan will load its first Iranian crude cargo backed by sovereign guarantees since sanctions disrupted coverage in the international

July 13, 2012
Total Views: 16

Thursday, July 12, 2012
national iranian tanker company
News

Screw the Embargo, Iran is Just Going to Unload Their Oil in India [REPORT]

(Bloomberg) — Two Iranian oil tankers, part of the fleet controlled by Tehran-based NITC Co., are proceeding to India to unload cargoes this month,

July 12, 2012
Total Views: 23

nitc tanker vlcc
Uncategorized

U.S. Adds NITC Tankers to Iranian Sanction List

(Bloomberg) — The U.S. Treasury identified the National Iranian Tanker Co. as an Iranian government entity, a move intended to make it tougher for Iran

July 12, 2012
Total Views: 27

Wednesday, July 11, 2012
Batista’s OSX May Win Petrobras Deal on Rival’s Ship Delays

Batista’s OSX May Win Petrobras Deal on Rival’s Ship Delays

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by Brazil’s richest man, stands to benefit from a rival’s failure to deliver vessels

July 11, 2012
Total Views: 11

Tuesday, July 10, 2012
$60 Million Worth of Sudan Crude Marooned Off Singapore
Uncategorized

$60 Million Worth of Sudan Crude Marooned Off Singapore

(Bloomberg) — More than 15 miles offshore Singapore a black-and-red hulled tanker has been stranded for about 150 days holding South Sudanese crude worth

July 10, 2012
Total Views: 102
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