Crisis to Hurt Qatar's Crude, Refined Product Exports

Although the diplomatic crisis in Qatar would have little impact on the wider oil market, the situation ...

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MSI: Tanker Market Entering Calmer Waters

After a year of tumultuous political and policy upheaval, both oil and tanker markets are undergoing a process of ...

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Challenging Tanker Market Impacts Sovcomflot's Earnings

The Russian shipping major Sovcomflot has seen its net profit for the third quarter of 2016 drop by 36.2 percent to ...

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BIMCO: Strong Tanker Freight Market Comes to an End

Lower growth rates for refinery throughput and drawdowns on swollen oil stocks has impacted the seaborne tanker ...

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Brexit Could Boost UK – EU Crude Oil Trades

The UK’s vote to exit the European Union after being a member since 1973, could have a positive impact on the ...

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Tanker Owners Told to Invest Wisely ahead of New Price Cuts

Prompted by difficulties in accessing new finance, shipyards are likely to reduce further the newbuilding prices in ...

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French Strike's Impact on Tanker Market Limited, but Growing

At the moment, the impact of national strike in France, where members of the trade union CGT have organized strikes ...

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Euronav Sees Strong Q1 Profit

Robust tanker demand has propelled Euronav’s financial results for the first quarter of 2016 to a net ...

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Oil Production Freeze Would Not Affect the Tanker Market

In an effort to put a floor under oil prices and allow demand growth to catch up with supply, the oil ministers ...

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MSI: Tanker Earnings to Bounce Back in Q2

VLCC, Suezmax, Aframax and product tanker rates are expected to rebound in the second quarter of 2016 supported by ...

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TIL Posts Record Earnings in Q4

Oslo-listed Tanker Investments Ltd. posted record earnings in the fourth quarter of 2015, the company said in ...

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Euronav Steers Back to Black amid Strong Tanker Market

Belgium’s shipping company Euronav NV has reported a net profit of USD 104.7 million in its non-audited ...

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Frontline 2012 Navigates Through Stellar Quarter

Tanker owner and operator Frontline 2012 Ltd. has reported its strongest quarter ever with achieved net income from ...

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Tanker Market Outlook Stays Bullish

The turbulent month of August which saw instability in global financial markets, especially in China, has not ...

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Euronav Expects Strong Tanker Market in Q3

Sustained improvement in tanker freight rates has driven Euronav’s EBITDA up to USD 142.3 million in the ...

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Clipper Bids Farewell to Tanker Market

The Clipper Group Ltd has exited the tanker market with the sale of the last three chemical tanker vessels of ...

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Positive Earnings Outlook for Tankers

The tanker market dynamics in the short to medium term are skewed in favour of market players as oil prices are ...

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Costly US Shale Oil Good News for Tanker Operators

Costly US Shale Oil Good News for Tanker Operators

A key driver of future tanker shipping earnings will be the extent to which US shale oil production is taken out of ...

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Newbuild Ordering Frenzy Could Hurt Tanker Market

Freight rates in the tanker market remained firm in April, considering seasonal weakness in activity and rates in ...

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Tanker Market Keeps Up the Momentum

In the first quarter of 2015, tanker earnings for crude oil tankers have climbed to new strong levels, with ...

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NAT CEO Cautiously Optimistic about Tanker Market Outlook

Nordic American Tankers Limited (NAT) expects to achieve rates in the region of USD 35,000 per day for its fleet ...

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