Decommissioned in 2023, the ship was sold to Indian cash buyer Lyla Trading, which market sources said was required to spend ...
Although it can be argued that Suezmax tonnage is becoming marginalized in terms of its trading options, this segment cannot be isolated from the fortunes of the tanker market as a whole.
Shipbuilding sources said DH secured a total of eight newbuildings last year, with Maran Tankers booking three suezmax ...
Those that fit into this range are designated as Suezmax tankers. In terms of the classification of tanker sizes they lie in the mid-range of those available. In a typical day about 1.8 mbd of oil ...
McQuilling Services announced the release of its 28th anniversary edition, 2025-2029 Tanker Market Outlook.This 183-page ...
Nordic American Tankers is a midstream energy play with reliable earnings, which support its ultra-high-yield dividend.
The company freed up capital in the second and third quarters to pay off its total debt of $670 million. It also refinanced 10 Suezmax tankers through a sale-and-leaseback agreement, which is ...
Dear Shareholders and Investors,In the recent past, NAT has carried through several transactions, reflecting a very ...
The company declared a purchase option for a 2018-built Suezmax tanker at favorable terms and confirmed the sale of a 2003-built vessel to a UK-based owner, which is expected to close in February ...
Kazmunaigaz (KMG) awarded Geneva-based trading firm BGN up to 520,000 metric tons of CPC Blend oil per month in a tender for 2025 supply, sources said. KMG sold CPC Blend oil sourced from its share in ...