TradeWinds9d
VLCC fleet shrinks as crude tanker deliveries hit 36-year low
VLCC fleet growth went into reverse last year as crude tanker deliveries hit a 36-year low. Shipowners’ organisation Bimco ...
TradeWinds4d
World’s biggest shipowner plans $1.1bn fundraising to boost fleet by 11 vessels
Cosco Shipping Energy Transportation will raise cash by issuing more than 1.4m ‘A’ shares to 35 target subscribers ...
Crude Oil Prices11d
Supertanker Rates Double After U.S. Sanctions on Russian Oil Trade
US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to ...
US sanctions on Russia to have little impact on India’s Ural cargoes
Sanctions on Russian tankers impact India's crude oil supply, but refiners expect minimal disruption from Urals grade.
Prices of Canadian, U.S. WTI crude to Asia jump after shipping rates rally, sources say
Discounts for Canadian crude exported via the Trans Mountain pipeline and delivered to China in April have narrowed $1-$2 a ...
en.portnews4d
COSCO SHIPPING plans to expand fleet with RMB8 bln A-share offering
COSCO SHIPPING plans to expand fleet with RMB8 bln A-share offering. Find the latest news from the maritime industry on the PortNews website.