According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in ...

BIMCO projects a 256% surge in product tanker deliveries to a 16-year high in 2025, though only 7% are ready for alternative ...

BIMCO: Product tanker vessel deliveries to rise 256% in 2025. Find the latest news from the maritime industry on the PortNews website.

Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...

ATHENS - OceanPal Inc. (NASDAQ: OP), a global shipping company with a market capitalization of $9.2 million and a "FAIR" overall financial health rating according to InvestingPro, has entered into an ...

TORM is the world's third-largest product tanker operator, only behind Hafnia and Scorpio Tankers. Learn why TRMD stock is a ...

The direction of US-listed tanker stocks on the first full trading day of Donald Trump’s presidency looked a whole lot like ...

The increase in deliveries follows an increase in contracting of new ships during 2023 and 2024. During those years 551 new ships were contracted with a capacity of 38.7m DWT, significantly up from ...

London-listed shipping fund Tufton Oceanic Assets is expecting to earn more from tanker markets as US sanctions hit home. The ...

Teekay Tankers has signed a contract with software developer JiBe to deploy its enterprise resource planning (ERP) system ...

TORM could benefit from new sanctions, with a fair value of $35 per share, offering a 60% upside potential and a 40% ...

A Finnish court ordered the seizure of an oil tanker suspected of damaging key telecommunications and power cables in the ...