Scorpio Tankers loses less, gets scrubber financing

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

TEN says two 36 month charters will generate $33 million revenues

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

Norwegian tax change sees DHT duo relocate to Singapore

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

Capital Products to merge tankers into Diamond S

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

Why Euronav is skeptical on scrubbers

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

OSG orders two U.S. flag tankers at Korean shipyard

JULY 17, 2018 — U.S.-flag tanker operator Overseas Shipholding Group, Inc. (NYSE: OSG) says it has signed binding contracts with South Korea’s Hyundai Mipo Dockyard Company Ltd.for the construction of two 50,000

DHT Holdings will install scrubbers on 12 VLCCs

JULY 3, 2018 — Tanker operator DHT Holdings, Inc. (NYSE:DHT) has joined the rapidly growing number of shipowners opting to fit scrubbers to a sizable slice of its fleet in preparation for

Crowley completes acquisition of SeaRiver tanker trio

APRIL 17, 2018 — Crowley Alaska Tankers, LLC, reported today that it has completed the acquisition of three tankers from ExxonMobil subsidiary SeaRiver Maritime Inc., and is now chartering them back to

Tesoro tankers will use ABB software to ensure safe transit

JUNE 14, 2017 — Tesoro Maritime Corporation supertankers entering the Port of Long Beach will use ABB’s marine software to produce real-time data of the keel-to-seabed clearance, improving the safety and efficiency

OSG reports “solid” first quarter

MAY 10, 2017 — Overseas Shipholding Group, Inc. (NYSE:OSG), which these days describes itself as “a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets,”

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