Oil Tankers

(Bloomberg) — The Obama administration will report today that Iran’s state-owned oil company is linked to a military unit sanctioned for weapons

Greek shipowner Tsakos Energy Navigation Limited (TEN) (NYSE: TNP) announced today a three-year time charter extension for the Arctic, a 2007 built, 163,216

In what initially appears to have been caused by a navigational error, an Aframax tanker owned by Vancouver-based Teekay Tankers, has run aground off the coast

LONDON–Iranian ships have started sailing under the Moldovan flag as others lose their Tuvalu flags, databases and campaigners say, as Iran to play an

(Bloomberg) — China’s two biggest shipowners said a market slump may continue for at least two more years as more vessels enter service and the

(Bloomberg) — The Louisiana Offshore Oil Port, the largest waterborne petroleum import terminal in the U.S., has begun to receive tankers of domestic

(Bloomberg) — China Ocean Shipping Group Co., the nation’s biggest ship operator, is considering an order for very large crude carriers as the

Wärtsilä Hamworthy said today that it has won a contract with Hyundai Mipo Dockyard to supply cargo handling equipment and engineering to four medium

Malaysian tanker owner and operator AET, announced today they have entered into a long-term contract with Norwegian energy giant Statoil ASA to operate two

The International Transport Workers’ Federation (ITF) says it is calling for the Panamanian and Mexican authorities to disclose the results of an

LONDON–Up to 4 million barrels of North Sea Forties crude oil, the main component of global pricing benchmark Brent, are set to leave the region for

(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