Dear Shareholders and Investors,A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three. As a first step, last week we agreed to sell one of ...

changes in demand in the tanker market, as a result of changes in OPEC's petroleum production levels and worldwide oil consumption and storage, changes in our operating expenses, including bunker ...

Crude shipments from Russia’s Sakhalin Island projects aren’t being discharged after the tankers carrying them were ...

Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes ...

Pantheon Tankers Management of Greece is set to splash about $176m on suezmax tanker newbuildings after a five-year absence ...

Pantheon Tankers Management of Greece is set to splash about $176m on suezmax tanker newbuildings after a five-year absence ...

The prominent Greek shipowner has signed a letter of intent with HD Hyundai for a Suezmax tanker, with delivery expected early 2027 ...

During the night of Feb. 9, the Koala tanker, registered under the flag of Antigua and Barbuda, was docked at Berth No. 3 in ...

Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

As Shana reported, Mohammad Meshkinfam stated that at the start of the 14th administration, a comprehensive plan titled “Real-Time Monitoring of the Oil Products Supply and Distribution Chain” was ...

It represents more than a third of the roughly 600 ships in this fleet, which accounts for 70% of Russia's oil exports.

The review will reportedly assess whether companies and individual owners are complying with regulations on transporting oil and petroleum products. The inspection will cover around 500 maritime and ...