The Oil Companies International Marine Forum (OCIMF) has confirmed that its digitalized Ship Inspection Report Program (SIRE 2.0) is scheduled to “go-live” on Monday September 2, 2024 and become the standard tanker
Shares in NYSE-listed U.S.-flag tanker and ATB operator Overseas Shipholding Group Inc. (OSG) were trading up this morning on news that it has entered into a definitive merger agreement that will see
We’re supposed to be weaning ourselves off oil, right? So why has tanker newbuild contracting been soaring? BIMCO shipping analyst Filipe Gouveia has some answers. “In the first two months of 2024,
Gothenburg headquartered Stena Bulk has reached five-year agreements that will see it charter in four newbuild eco MR tankers set to be delivered in 2025 and 2026 Two of the medium range,
Tampa, Fla., headquartered Overseas Shipholding Group Inc. (NYSE:OSG) has signed a contract with MAN Energy Solutions SE that will see all four of the nearly 20-year old OSG Alaska class tankers get
The Saverys family and John Fredriksen look to be nearing a resolution to their long running battle for control of the world’s largest NYSE-listed oil tanker operator, Euronav NV (NYSE: EURN). Both
The momentum towards methanol fueling continues to build. J.P. Morgan Global Alternative’s Global Transportation Group (JPMGTG) reports that institutional investors advised by it have concluded an order for two 49,800 dwt methanol
Crowley and SEACOR Holdings, through its Seabulk Tankers subsidiary, have reached an agreement to form a joint venture integrating their liquid energy and chemical transportation vessels, operations and related services into a
Just one day ahead of the company’s May 17 annual meeting, the Supervisory Board of Euronav NV (NYSE: EURN) has announced the departure of its CEO Hugo De Stoop with “immediate effect
For those who like ongoing sagas, the Euronav drama continues to deliver. Today, John Fredriksen’s Frontline plc (NYSE: FRO – OSE: FRO) reported that emergency arbitration claims filed by Euronav on January
