tankers

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

(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

MUMBAI–United India Insurance Co. has agreed to provide protection and indemnity cover to Indian tankers carrying oil from Iran with General Insurance

RIO DE JANEIRO–Brazilian state oil and gas producer Petroleo Brasileiro S/A (PBR. PETR4.BR), or Petrobras, took delivery Monday of a third oil tanker

(Bloomberg) — The surplus of tankers available to haul European gasoline across the Atlantic Ocean is set to remain at the highest in at least a year as

SINGAPORE–Saudi Arabian Oil Co., or Saudi Aramco, is shipping fuel oil from Northwest Europe to the Red Sea to meet Saudi Arabia’s peak domestic

(Dow Jones) Oil prices were solidly higher Tuesday morning on revived tensions over the Iranian nuclear program and renewed speculation about more Central Bank

LONDON–Iran has drafted a bill to block the Strait of Hormuz for oil tankers from states that support oil sanctions, an Iranian lawmaker said Monday. In

LONDON–The sliding price of North Sea Forties crude, the main component of global benchmark Brent, is set to find support as up to 2 million barrels of

A tanker operated by Tokyo-based JX Shipping exploded on Friday off Rosia Bay, Gibraltar which echoed across the town.  This is the second explosion to hit

(Dow Jones) LONDON–The price-supporting trade in crude oil from the North Sea to South Korea looks set to continue in July as Statoil ASA (STO) moves

(Dow Jones) VIENNA–The European Union has no intention of halting or delaying the implementation of shipping insurance-related sanctions against Iran,

The latest update from Teekay’s Market Analyst Christian Waldegrave on the global marine tanker markets, including a look at how OPEC oil production

(Dow Jones) Tanker owner and operator B+H Ocean Carriers Ltd. (BHODD) filed for Chapter 11 bankruptcy Wednesday to restructure its balance sheet as it tries

OSLO (Dow Jones)–Southern Norway risks a gasoline shortage in the coming days, as maritime pilots strike as part of a wider public sector dispute over

Frontline Ltd.’s (FRO) first-quarter earnings fell 53% on a double-digit drop in revenue as the company said demand in the tanker market continues to lag

(Dow Jones) Ship Finance International Ltd.’s (SFL) first-quarter profit rose 21% on a stronger performance in the tanker market. The company, which

LONDON (Dow Jones)–More North Sea crude is set to head to Asia in June, shipbrokers told Dow Jones Newswires Wednesday, continuing a trend that has

(Dow Jones) Teekay Corp. (TK) swung to a first-quarter profit, due primarily to derivative gains, as the tanker-ship company’s revenue grew more than

– by Deepak Johar, General Manager for Wilhelmsen Ships Service, India As local fuel supplies dwindle and the Indian subcontinent’s power demands