“If a deal is done, it would probably be along the lines of the Kuwaiti investment in the Nghi Son refinery. In exchange for ...

Clarksons Securities lowers tanker rate forecasts for 2025 due to weaker demand but sees upside potential in stock valuations ...

The companies will conduct further studies on the design concept to achieve carbon neutrality in international shipping by ...

Okeanis Eco Tankers (NYSE:ECO) is a operationally advantaged shipper in the crude oil trade. The company offers a young fleet of VLCC and Suezmax vessels that are significantly younger than ...

“VLCC freight rates were gradually reaching their yearly low; at the same time, a large number of crude oil tankers shifted to the product oil tankers market in order to obtain high freight rates, ...

A tanker with a colourful past has changed hands for the eighth time in its 18-year history and the second time this year.

EUR/USD remains tepid near 1.0700 due to higher US Dollar, political uncertainties The EUR/USD pair continues to face downward pressure for a second consecutive session, hovering around 1.0720 ...

Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter ...

2-Year U.S. Treasury Note Continuous Contract $102.762-0.066-0.06% 5-Year U.S. Treasury Note Continuous Contract $106.992-0.055-0.05% 10-Year U.S. Treasury Note Continuous Contract $110.266 0.078 ...

Image of the design concept for eco-friendly VLCC. Image courtesy NYK Image of ... dual-fuel main engine that can use methanol and heavy oil as fuel. A wind propulsion system will be optional.

The vessel will be equipped with a shaft generator and the latest dual-fuel main engine that can use methanol and heavy oil as fuel ...

Synthetic oil used to be something only performance cars needed, but not anymore. Now it’s the manufacturer-recommended engine lubricant in many mainstream vehicles, such as the Subaru Forester ...