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CATEGORY

Tanker

300 ageing tankers to ensure flow of embargo-stricken oil from Russia

On Dec. 5, all Russian crude oil will be banned in the EU. But oil from the warring country will still flow into the...

Terntank readies tankers for wind and methanol

Terntank has made wind- and methanol fuel-ready two 15,000 dwt /biofuels tankers on order at China Merchants Jinling Shipyard   Terntank has elected to prepare two...

TotalEnergies Joins Ammonia-powered Tanker Project

France's TotalEnergies said it had joined a shipping project building test tankers which can be powered by ammonia, part of moves to speed up...

Nordic American Tanker: Good times for our Suezmax tankers. Increased dividends expected

The average Time Charter Equivalent (TCE) for our fleet during the third quarter of 2022 came in at $27,850 per day per ship, up...

Junzheng Logistics books chemical tankers at domestic yard

Shanghai Junzheng Logistics, also known as Gentco Logistics, has placed an order at China Merchants Jinling Shipyard in Yangzhou for the construction of two...

Tanker companies pay out massive dividends after boom

Hafnia, Torm, Norden and Scorpio Tankers have seen big profits this year in a strong tanker market, which has been highly affected by Russia’s...

Tankers Expected to Emerge as the “Winners” of 2023

  According to Ms. Chara Geourgousi, Intermodal’s Research Analyst, “amid the current fuel export quotas, granted by the Chinese government to the country’s refineries in...

The tanker party only just getting started

With the tanker market continuing to set new highs the question at Marine Money in New York was whether the party would continue, or...

Tankers: VLCCs Reach Higher Ground

Clean The Middle East Gulf has been stable this week with some minimal fluctuations. On the LR2s TC1 bottomed out at WS161 midweek, down from...

Positive Sentiment in the VLCC Tanker Market Should Remain, Even if Some Turbulence Could be Expected

According to the shipbroker, “first, it is important to take stock of the supply side. Gibson counts 876 VLCCs on the water, however, the...
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