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Tankers

Braemar Shipping Services announced a 5% drop in profit year on year to £9.3m ($14.2m) despite revenues rising 7.7% to £143.8m in its results for the year ending 28 February…
No let-up in tanker market misery for owners of crude carriers with average VLCC earnings at less than $7,000 a day this year according to Clarkson Research. AG/West continues in…
South Korean shipbuilders have taken the lion’s share of product tanker newbuilding orders over the last 16 months.
Net losses rose sharply year on year at suezmax owners Nordic American Tankers (NAT) from $9.3m in the first quarter 2012 to $32.3m in 2013 as voyage revenues tumbled. 
The 25th annual Seatrade Awards ceremony held at London’s historic Guildhall on Friday evening proved the most international to date, with winners of the 11 different categories coming from nine…
Early last week, I ran into Nick Tsakos and Michael Jolliffe on Madison Avenue and we chatted for a minute; they were scurrying quickly to a meeting. Later in the…
Teekay Corporation reported a net loss of $11.7m in the first quarter, down from a $20.8m loss in the first three months of 2012.
Scorpio Tankers has gone to the markets for a $300m cash injection to boost its newbuilding programme. The New York-listed tanker company priced an offering of 36,144,578 shares of common…
Nanjing Tanker Corporation (NJTC) has confirmed it will delist from the Shanghai Stock Exchange on 14 May following three years of consecutive net losses.
Recently restructured tanker and bulk owner Torm announced a rise in spot market earnings in the first quarter of 2013, and improved year on year results.
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