Post-sanctions, Russian crude output has not plunged to the depths anticipated by analysts, meaning that the global oil market is expected to stay in surplus for the rest of this year and into next, according to analyst ING. India and China have picked…
Ups and downs of oil outlook Read More »
Ancient Egypt’s pioneering mariners sailed the Nile, the Mediterranean and the Red Sea using the power of the wind, laying the foundations for an age where sails dominated shipping before the rise of steam power in the late 1800s. Today, with pressing …
Average spot rates may reach $14,500 per day in the fourth quarter, based on how they look on paper for that period, analyst says
Capesize bulkers continue to plunge, but China stimulus offers hope Read More »
US-flag tanker owner is for the first time trading above price level offered to shareholders in 2021 take-private attempt
It’s been a long road back to $3 for Overseas Shipholding Group Read More »
The veteran analyst said he was excited by the company’s forward bookings and the return of its dividend
Despite earnings miss, Jonathan Chappell is bullish on Frontline’s future Read More »