Oil Tankers

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

(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