There’s an industry most investors tend to overlook: tankers. And one particular tanker manufacturer is currently offering ...
The U.S. Treasury said on Thursday it is imposing sanctions on individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China.
President Donald Trump’s recent decision to reinstate a goal from his first presidency to bring Iran’s oil exports to zero has had little impact on crude prices so far.
Aframax and suezmax demand is likely to pivot more towards Turkey as Kazakhstan changes its crude export routing. Shipbroker ...
In a letter to shareholders, CEO Herbjorn Hansson said, “A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ...
Russia's fleet of supply vessels now makes up just shy of a fifth of global oil tankers operating across the world.
Tanker stocks rose in New York and Oslo after Donald Trump said the US would put “maximum pressure” on Iran to curb oil exports. Frontline jumped 7.5% in New York to $18.87 per share. Shares traded ...