‘Have patience’, Odfjell boss Harald Fotland urges as swing tonnage looks to quit chemical trades
Norwegian company’s head says crude tanker rates need to improve to pull up whole segment
tankers
Tanker rates crash from eastern Russia as new ‘clean’ vessels enter trade
Pressure on freight costs has eased following last month’s sanctions, traders say
Tanker rates crash from eastern Russia as new ‘clean’ vessels enter trade Read More »
Sale of veteran VLCC helps Japan’s Kyoei Tanker log huge profit jump
NYK-linked company said nine-month earnings were 300 times higher than in 2023
Sale of veteran VLCC helps Japan’s Kyoei Tanker log huge profit jump Read More »
Aframaxes to be loaded overnight in Canada to boost crude shipments, Suncor says
Exporter wants to move more cargoes out of Vancouver’s TMX pipeline terminal
Aframaxes to be loaded overnight in Canada to boost crude shipments, Suncor says Read More »
Energy traders seek waivers on China tariffs as 12 VLCCs fixed to carry US cargoes
Charterers look to avoid extra levies of up to 15% on cargoes
Energy traders seek waivers on China tariffs as 12 VLCCs fixed to carry US cargoes Read More »