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President and CEO of Milaha reveals ship investment plans and more
→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 ...
read more →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 ...
read more →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 ...
read more →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 ...
read more →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 ...
read more →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 ...
read more →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 ...
read more →Euronav Sees Strong Q1 Profit
Robust tanker demand has propelled Euronav’s financial results for the first quarter of 2016 to a net ...
read more →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 ...
read more →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 ...
read more →TIL Posts Record Earnings in Q4
Oslo-listed Tanker Investments Ltd. posted record earnings in the fourth quarter of 2015, the company said in ...
read more →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 ...
read more →Frontline 2012 Navigates Through Stellar Quarter
Tanker owner and operator Frontline 2012 Ltd. has reported its strongest quarter ever with achieved net income from ...
read more →Tanker Market Outlook Stays Bullish
The turbulent month of August which saw instability in global financial markets, especially in China, has not ...
read more →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 ...
read more →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 ...
read more →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 ...
read more →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 ...
read more →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 ...
read more →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 ...
read more →McQuilling: Winners and Losers in Tanker Market
The number of first quarter global Very Large Crude Carrier (VLCC) fixtures has been increasing for more than five ...
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