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 ...

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

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

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

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

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 ...

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

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 ...

Maritime safety officials in Southeast Asia were on high alert over the weekend as a general cargo ship and a bunker tanker ...

Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased.

Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on ...