Andriotis noted C3is has no Chinese-built vessels and he believes these two factors "could have a significant positive impact ...

Tanker owner Performance Shipping entered into a sale and leaseback agreement with an unaffiliated third party for a ...

Performance Shipping (PSHG) announced that, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement with ...

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

Shipbroker BRS has noted preliminary signs of a two-tier term charter market developing for tankers. The fleet is being ...

Performance Shipping Inc. announced a sale and leaseback agreement for a newbuild LR2 Aframax tanker vessel, finalizing financing for all three of their forthcoming LNG-ready tankers. The ...

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

Greek shipowners are increasingly returning to the transportation of Russian oil. On the one hand, part of it is sold at $ 60 ...

The decline in Asian crude imports appears to be driven more by logistical and geopolitical challenges than by fundamental ...

Fleet operational utilization of 90.2% for the three months ended December 31, 2024, mainly due to the commercial idle days of the vessel that operated in the spot market, as our vessels that operated ...

Year-to-date, Canadian crude tanker exports have reached 618 thousand barrels per day (kbpd) up from 388 kbpd during the same ...

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