“If a deal is done, it would probably be along the lines of the Kuwaiti investment in the Nghi Son refinery. In exchange for ...

“VLCC freight rates were gradually reaching their yearly low; at the same time, a large number of crude oil tankers shifted to the product oil tankers market in order to obtain high freight rates, ...

A tanker with a colourful past has changed hands for the eighth time in its 18-year history and the second time this year.

Hanwha Ocean Europe and Gibson Shipbroking experts forecast tanker fleet renewal, fuel options and global demand shifts ...

Analysts at Clarkson Securities cut tanker rate forecasts for 2025 on Monday, citing a weaker demand environment, but still ...

A major VLCC newbuilding program ... were delivered in 1976-77. Except for oil/ore and OBO-carriers (which are less frequently ordered today anyway), tankers spend half their sea time sailing ...

Q3 2024 Earnings Call Transcript November 9, 2024 Operator: Welcome to OETs Third Quarter 2024 Financial Results presentation. We will begin shortly. Aristidis Alafouzos, CEO, and Iraklis Sbarounis, ...

(Bloomberg) -- A dark-fleet oil tanker that was recently involved in ... Before its latest journey, the VLCC had been detained by Malaysian authorities for its involvement in the collision with ...

Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter ...

Okeanis Eco Tankers (NYSE:ECO) is a operationally advantaged shipper in the crude oil trade. The company offers a young fleet of VLCC and Suezmax vessels that are significantly younger than ...

In Q4 2024 to date, 63% of the available VLCC spot days have been booked at an ... 1 646 664 1960 OET is a leading international tanker company providing seaborne transportation of crude oil and ...

Clarksons Securities lowers tanker rate forecasts for 2025 due to weaker demand but sees upside potential in stock valuations ...