Oil Tankers

In a surprising listing on the U.S. Federal Business Opportunities website, the United States Maritime Administration has indicated that it is commissioning a

MUMBAI–Two of India’s largest shipping companies which carry crude from Iran haven’t yet been able to find suitable insurance cover, a

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

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

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

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

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.

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,

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

(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

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

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

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

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

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

(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

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

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

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

(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