Ocean Yield said it had bought the two ships and put them on eight-year bareboat charters to Nordic American Tankers in a ...

Nordic American Tankers (NAT) announced the expansion of its fleet on Friday as it agreed to buy a 2016-built vessel from a ...

The Suezmax market is undergoing a profound realignment: major independent shipowners, such as Bergesen d.y., C.Y. Tung and Sanko S.S. have exited the Suezmax market over the course of the last ...

CEO Herbjorn Hansson said, “As previously communicated, we recently acquired a Sungdong (South-Korea) built suezmax tanker from a first-class ...

A tanker controlled by Greek owner Enesel is importing the first Algerian crude for Nigeria's giant Dangote refinery. Oil ...

Dear Shareholders and Investors,As previously communicated, we recently acquired a Sungdong (South-Korea) built suezmax ...

Dynacom Tankers and Polembros Shipping begin receiving newbuild tankers after major investments in recent years ...

The transportation of Iranian oil to China is increasingly relying on smaller, more agile tankers, as US sanctions continue ...

The shift is likely due to their ability to discharge oil at shallower Chinese berths. Read more at straitstimes.com.

Frontline PLC (FRO) reports robust earnings and cash position, navigating market uncertainties with strategic fleet management.

Frontline Plc reported 6.9% revenue growth in Q4 2024, with net income and operating cash flow declining. Board declared $0.20 dividend per share.

Potential upside exists if VLCC and Suezmax rates increase, driven by geopolitical factors and inefficient trading patterns, potentially pushing the stock price to $40. Main risks include economic ...