Researcher Eva Tzima says rates should improve again once newly sanctioned ships have discharged their cargoes ...
The lower rate estimates pushed Evercore to lower earnings per share estimates for the seven tanker companies it covers, with ...
Teekay Tankers (TNK) closed at $39.74 in the latest trading session, marking a +0.61% move from the prior day. This move lagged the S&P 500's daily gain of 0.92%. On the other hand, the Dow registered ...
Russia has continued to send cargoes of crude oil to India on tankers that have been sanctioned by the US, Bloomberg reported ...
China and India have halted trade in Russian oil due to US sanctions, which have caused a sharp rise in tanker shipping costs ...
New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...
ASC is a buy with superior valuation to industry peers, modest earnings growth, and a focus on lowering cash breakeven.
Geopolitical developments in the Middle East, along with sanctions targeting the dark fleet, are expected to be key factors ...
Some of the Barbados ships have already been re-registered with other nations including Tanzania and São Tomé and Príncipe.
Lithuania's first-ever ship to run on green hydrogen is not designed to transport passengers or cargo, but to help keep the ...
Liquefied natural gas shipping costs are plummeting as the market grapples with a glut of vessels, a development that could ...
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S.