Teekay Tankers reports best first quarter in ten years
Vancouver, B.C., based Teekay Tankers Ltd. (NYSE: TNK) reported adjusted net income of $110 million for the quarter ended March 31, 2020, compared with $14.6 million in the first quarter of last
Vancouver, B.C., based Teekay Tankers Ltd. (NYSE: TNK) reported adjusted net income of $110 million for the quarter ended March 31, 2020, compared with $14.6 million in the first quarter of last
John Fredriksen controlled tanker giant Frontline Ltd. reported first quarter results that included net income of $165.3 million compared with $40.1 million in the same quarter of 2019. “Frontline achieved its strongest
New York City headquartered International Seaways, Inc. (NYSE: INSW), one of the world’s largest tanker operators, reported net income for the first quarter of $33.0 million, compared to a net income of
Euronav NV (NYSE: EURN & Euronext: EURN) has entered into an agreement to acquire a fourth resale VLCC newbuilding contract. Last month the tanker giant reached an agreement to acquire three VLCCs,
Lois Zabrocky, Chief Executive Officer of New York, N.Y. headquartered tanker operator International Seaways, Inc. (NYSE:INSW), has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2020. Zabrocky follows
Scorpio Tankers Inc. (NYSE: STNG) has reported its results for the three and six months ended June 30, 2019. For the three months ended June 30, 2019, the company’s net loss was
JANUARY 8, 2019 — Athens, Greece, headquartered Tsakos Energy Navigation, Ltd (TEN) (NYSE:TNP) today reported 36-month long charters with min/max provisions for two product tankers to a major oil concern. At a
JANUARY 4, 2018 — Tanker company DHT Holdings, Inc. (NYSE: DHT) reports that its Co-CEOs — Svein Moxnes Harfjeld and Trygve P. Munthe, both Norwegian citizens — have relocated from Oslo to
NOVEMBER 28, 2018 — Capital Product Partners L.P. (NASDAQ: CPLP) and privately held DSS Holdings L.P. have entered an agreement that will see Capital Products spin off its crude and product tanker
OCTOBER 30, 2018 – “The direction of travel for the large tanker market has changed from going sideways to up,” said Euronav CEO Paddy Rodgers, as the Antwerp, Belgium, headquartered tanker giant