Greek owner George Procopiou is said to be spending a potential $140m on up to four suezmaxes from Teekay Tankers.

The prominent Greek shipowner has signed a letter of intent with HD Hyundai for a Suezmax tanker, with delivery expected early 2027 ...

McQuilling Services announced the release of its 28th anniversary edition, 2025-2029 Tanker Market Outlook.This 183-page ...

The bloc will be key in “filling an Iranian-shaped hole in global oil supply” by sticking to a plan to begin unwinding 2.2m ...

With this latest addition, Advantage Tankers’ orderbook now comprises eight vessels, including five Suezmaxes, two LR1 tankers and one VLCC ...

Shell had booked two Very Large Crude Carriers (VLCC) on Tuesday at the rate of Worldscale 70. Worldscale is a unified system of establishing payment of freight rate for a given oil tanker’s cargo.

Clearly, the Suezmax tanker has neither the trading flexibility of an Aframax nor the economies of scale of the VLCC, and yet it is subject to compliance with OPA 90 for much of its trade.

If I were looking to enter the product tanker market right now, TORM would not be my first choice. Moreover, I am more attracted to the VLCC market for now. According to data provided by Clarksons ...

Traders are expected to seek more tankers to load crude from Saudi Arabia ... The robust demand pushed the rate for a VLCC on the Middle East to China route, known as TD3C, higher to WS70.45 ...

Capital Clean Energy Carriers (NASDAQ:CCEC – Get Free Report) and Okeanis Eco Tankers (NYSE:ECO – Get Free Report) are both small-cap transportation companies, but which is the superior investment? We ...

DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended December 31, 2024.