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 ...

A Singapore-based company called WYW Marine said to have forked out more than $60m for the Sasebo-built tankers ...

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

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 ...

Performance Shipping has secured financing for the third of its three newbuildings under construction in China. The Greek ...

MUSCAT: Newly-listed national shipping company Asyad Shipping recorded a net profit of RO 51.6 million for the year ended ...

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

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

Our Aframax tanker, the Afrapearl II, contributed around 76% to the total revenues. Our net revenues came in at $28 million, an increase of 33% from 2023. Our adjusted EBITDA was $16.4 million ...

As previously announced on March 12, 2024, all three newbuilding LR2 Aframax tankers have been chartered to Clearlake Shipping Pte Ltd. for a period of five years, upon delivery of the Vessel, at a ...