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 ...

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

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 ...

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

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 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 ...