US west coast investor continues to build stake in Overseas Shipholding Group
Conglomerate has grown ownership to nearly 17% of Florida-based US-flag operator
US west coast investor continues to build stake in Overseas Shipholding Group Read More »
tankers
Glencore extends $12.7bn of loans but overall debt pile shrinks
Chartering giant wants to keep moving total borrowing towards the lower end of its $10bn to $16bn target range
Glencore extends $12.7bn of loans but overall debt pile shrinks Read More »
Tanker owners face new normal as Opec+ nets hat-trick of surprises
Shipowners may need to think more like oil traders after major producers began monthly meetings
Tanker owners face new normal as Opec+ nets hat-trick of surprises Read More »
Greek shipowners pile on tanker newbuildings from Far East yards
Ancora, Pleiades and Chandris reaffirm their confidence in tanker markets by swooping on newbuilding resales or declaring options
Greek shipowners pile on tanker newbuildings from Far East yards Read More »
Sales of two older shuttle tankers lifts KNOT to annual profit
Tanker owner focused on providing modern tankers receives lift from sales
Sales of two older shuttle tankers lifts KNOT to annual profit Read More »