The Port of Corpus Christi Commission has approved a 50-year-long- lease agreement with Lone Star Ports, LLC, a joint venture between the Carlyle Group and the Berry Group, to develop a petroleum export terminal.
Petrobras and Açu Petróleo, have signed a contract to carry out ship to ship operations at the company's Petroleum Terminal (T-OIL), located in the complex of Port of Açu.
Commodities trading house Trafigura has named the first two of some 35 newbuildings being built at yards in South Korea and China.
Despite record levels of tanker recycling in the early months of the year, tanker analysts and brokers are increasingly concerned about continuing tonnage oversupply, particularly in the VLCC sector where a series of new contracts have been placed...
NITC says the tanker Sanchi ablaze off Shanghai is unlikely to sink, as rescue service try and contain the fire.
The announcement of Euronav’s all-share acquisition of Gener8 Maritime came after years of pounding the virtues of the C-word –...
Euronav is taking over Gener8 Maritime in an all stock merger creating a new giant in the large tanker sector.
Crude tanker owners need to stop ordering newbuildings if they want markets to improve is the message of analyst Ralph Leszczynski of Banchero Costa.
John Fredriksen's Frontline says that tanker rates in the third quarter of the year were at their weakest since 2013.
China’s Belt and Road Initiative (BRI) is not all good news for the tanker market with brokers Poten in particular highlighting a Myanmar to China pipeline.