Greek shipowner George Procopiou’s Dynacom Tankers is said to have stacked its orderbook with panamax product carrier ...
The Suezmax market is undergoing a profound realignment: major independent shipowners, such as Bergesen d.y., C.Y. Tung and Sanko S.S. have exited the Suezmax market over the course of the last ...
GTT has signed technical services contract with Maran Tankers, the oil tanker shipping arm of the Angelicoussis Group, for ...
The Koje-based shipyard said an African owner has ordered the series of suezmax crude carriers for delivery by December 2027.
Those that fit into this range are designated as Suezmax tankers. In terms of the classification of tanker sizes they lie in the mid-range of those available. In a typical day about 1.8 mbd of oil ...
Okeanis Eco Tankers is a BUY due to its young, efficient fleet of VLCC and Suezmax vessels, leading to high operating margins. Despite high operating efficiency, ECO's significant debt results in ...
Euronav ( (CMBT) ) has released its Q3 earnings. Here is a breakdown of the information Euronav presented to its investors. CMB.TECH, formerly ...
"While the conflict in the Red Sea previously contributed to ton-mile growth for product tankers, the switching of VLCC and ...
Fintel reports that on November 1, 2024, B of A Securities downgraded their outlook for Teekay Tankers (NYSE:TNK) from Buy to ...
Teekay Tankers (NYSE:TNK) -1.4% in Friday's trading as Bank of America downgrades shares to Neutral from Buy with a $51 price ...
Fleetwide daily TCE rate of $43,900 per operating day in Q3 2024; VLCC and Suezmax TCE rates of $43,100 and $44,800 per operating day, respectively, in Q3 2024. Daily vessel operating expenses (“Opex” ...
Market Adjusted Net LTV: 4%. VLCC Spot Market Performance: $43,100 per day, 14% outperformance relative to peers. Suezmax Spot Market Performance: $44,800 per day, 27% outperformance relative to peers ...