MR owners achieve the highest returns for shipping to the Asia-Pacific country versus among all Baltic Exchange routes
Australia shines bright as product tanker market with refinery closures planned Read More »
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 »
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 »
Brokers do not expect a lot more tanker demolition action until next year
Adam Polemis and Muhit Maritime target aframax recycling sales Read More »
Both under US sanctions, the two Opec member states continue enhance their trade ties
Iranian VLCC ships crude from Venezuela back home, defying US sanctions again Read More »