Media Mentions

“Rising bunker prices have eaten into tanker owners’ profit margins, especially those with significant exposure to the spot market,…

“Shipowners accepting VLCC newbuildings this year may need to think outside the box along with their accountant as spot…

“Potholes tore up local streets following the harsh winter, and now they are adding an expense to municipalities already…

“India’s gradual removal of price controls could raise demand for its clean products, along with improving quality, according to…

“Traders have been left questioning the International Energy Agency’s motives for its emergency stock release this month as demand…

“The US on Friday raised billions of dollars by selling the biggest ever amount of oil from its strategic…

“A rush of more than 50 suezmax newbuilding orders last spring set back a recovery in the market by…

“The cost of hiring ships to haul liquefied natural gas may exceed $100,000 a day for the first time…

“The truth about today’s tanker recession is that it is scaring almost no one. Owners are universally looking east…

“An Interesting thing happened on the way to the tanker crisis: tanker owners are not wearing a look of…

“The moderate supply of very large crude carriers available for employment in the Middle East Gulf is helping to…

“The recent increase in marine fuel prices is adding to the financial pressure on ship operators on top of…