Winter could be a ‘serious dud’ for tankers, with weak rates expected
November’s freight forward arrangements for tankers suggest only breakeven levels for VLCCs
Winter could be a ‘serious dud’ for tankers, with weak rates expected Read More »
Giveans drops expectations for crude owners ahead of earnings
Analysts remain hopeful a recovery could be in the offering, but the third quarter is expected to be weak
Giveans drops expectations for crude owners ahead of earnings Read More »
Bouchard Transportation gets go-ahead on $60m bankruptcy funding
The company can draw roughly half of the financing once its ships begin trading again
Bouchard Transportation gets go-ahead on $60m bankruptcy funding Read More »
Oil producer arrests Ciner tanker after collision, claiming $225m in damage
Ship’s manager says the tanker suffered only minor damage
Oil producer arrests Ciner tanker after collision, claiming $225m in damage Read More »
ARC’s nine-figure US government contract in jeopardy
US government watchdog sides with challengers over big military relocation contract
ARC’s nine-figure US government contract in jeopardy Read More »