Under TI’s contracts, there is usually an allowance of five days to load and discharge the cargo, meaning that with variables such as no room for the cargo, or waiting in the queue outside ports, ...
A VLCC owned by George Procopiou’s Dynacom Tankers Management has become the first ship to load crude in Cameroon to feed ...
With this latest addition, Advantage Tankers’ orderbook now comprises eight vessels, including five Suezmaxes, two LR1 ...
Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased, according to a Reuters report. Rates for tankers carrying oil also got a boost ...
In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight ...
Frontline owns 41 very large crude carriers (VLCC), representing 50% of the portfolio's total number of vessels. In comparison, Suezmax and Long-Range 2 (LR2) tankers account for 28.0% and 22.0% ...
Okeanis Eco Tankers Corp. (NYSE:ECO – Get Free Report) shares fell 4.5% during trading on Friday . The company traded as low as $22.79 and last traded at $22.50. 59,019 shares were traded during ...
Hong Kong-registered outfit Young Honest Shipping has emerged as the taker of the first vintage VLCC sold this year. Young ...
US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to ...
Nordic American Tankers is a midstream energy play with reliable earnings, which support its ultra-high-yield dividend.