FEBRUARY 28, 2017 — John Fredriksen’s Frontline Ltd. (NYSE/OSE: FRO) today reported unaudited results for the quarter and year ended December 31, 2016. The company reported net income of $18.3 million, or
OCTOBER 14, 2016 — Euronav NV (NYSE: EURN & Euronext: EURN) reports that it reached an agreement with shipbuilder Hyundai Heavy Industries South Korea to defer the delivery of two VLCC ex-yard
SEPTEMBER 14, 2016 — Just six years after its introduction, MAN Diesel & Turbo has confirmed an order for its 1,500th G-type engine. Greek ship operator, Almi Tankers, will take delivery of
AUGUST 8, 2015—Tanker demand for crude and residual fuel products is expected to increase by 2.5% in 2015 from year ago levels as a reduction in oil prices and improving refining economics
JUNE 16, 2015 — Antwerp, Belgium, headquartered Euronav has entered into an agreement for the acquisition through resale of four VLCCs that are completing construction for Greece’s Metrostar Management at Hyundai Heavy
DECEMBER 16, 2014 — John Fredriksen’s Frontline Ltd. (NYSE:FRO) looks to be taking advantage of stronger share prices to knock down the size of its bond repayment bill through swaps. On Friday,
JULY 21, 2014 — Sembcorp Marine subsidiary Sembawang Shipyard, Singapore, has secured a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 (around US $483 million) from Saipem SA, France. Under
FEBRUARY 5, 2014 — Having just acquired 15 Maersk VLCCs, Antwerp, Belgium, Euronav (NYSE EURONEXT: EURN) is looking to go shopping for some OSG tonnage — with the help of private equity
JANUARY 31, 20014 — DHT Holdings, Inc. (NYSE: DHT) says that it has entered into a letter of intent (LOI) with Korean shipbuilder Hyundai Heavy Industries Co., Ltd. for the construction of
JANUARY 7, 2014 — Antwerp, Belgium, headquartered Euronav is to raise $1.085 billion to fund the $980 million acquisition of 15 VLCCs from Maersk Tankers that it announced Sunday. It will raise