Abu Dhabi-listed company increases operating earnings after fleet expansion
tankers
Covid revisited: Empty container concerns grow as Red Sea shipping crisis drags on
The Houthis traded fire with fire once again yesterday, claiming they had carried out a strike on an American navy heavy load ship called Ocean Jazz, something disputed by the US military who in turn took out some Houthi military installations in Yemen in attacks coordinated with UK counterparts. ...
Tanker and VLGC owner Al Seer sees red as investment loss weighs on results
Abu Dhabi-listed company ups operating earnings after fleet expansion, however
TEN offloads elderly suezmax
Tsakos Energy Navigation (TEN) has cashed in on one of its ageing suezmax tankers. The New York-listed Greek player has offloaded the 2005-built Eurochampion 2004 to an unnamed buyer in a deal that is expected to contribute about $40m to TEN’s cash balance. The ship was debt-free and part of a...
Product tanker rates jump as ships flee Red Sea in wake of Houthi attacks
LR2s could climb above $90,000 per day if utilisation continues rising, Clarksons says
US crude tanker trade growth to slow as production increases also slow, says Gibsons
Projections suggest production will slow notably this year
US crude tanker trade growth to slow as output falls, says Gibsons
Projections suggest production will not match much better than expected total from 2023
KSS buys flipped Scorpio MR tanker for Hyundai Oil charter
South Korean owner is the buyer behind Emanuele Lauro-led company’s sale
India and China vie for Venezuela VLCC crude cargoes
Tankers International says VLCC prospects boosted by longer haul trades in 2024
Tsakos swoops on five Viken tankers
Tsakos has been tied to purchasing five modern tankers in a deal with Norway’s Viken Shipping. The Greek owner has picked up the 2023-built LNG dual-fuel LR2s Angleviken and Askviken, the 2018-built aframax Breiviken and its 2019-built counterpart Eikeviken as well as the 2018-built suezmax...