Some three months after its powerful new tanker combine was established, Gener8 Maritime has filed for a $100m initial public offering (IPO) in New York. The new company, which has private equity backing, was formed from General Maritime and...

The National Shipping Company of Saudi Arabia (Bahri) has ordered five VLCCs, plus five options, from Hyundai Samho Heavy Industries (HSHI), as it seeks to build the world's largest fleet in the class.

Nippon Yusen Kaisha (NYK) have denied media reports of an oil spill from one of its VLCCs while discharging at a terminal in Tokyo Bay last Friday.

There has been a surprise in floating storage despite the rising oil price, which is helping bolster the tanker market according to Poten & Partners.

The VLCC market is “firing on all cylinders” and it is set to continue Poten & Partners say in their weekly report.

Transits of the key Malacca Strait waterway connecting Asia to Europe and the Middle East hit an all time high in 2014 crossing the 79,000 barrier for the first time.

John Fredriksen's Frontline 2012 reported a $234m profit for 2014, and has hit newbuilding market with two new suezmax orders and pair of contracts unidentified.

John Fredriksen’s Frontline reported a full year net loss of $162.9m, although losses narrowed in the fourth quarter as tanker markets started to improve.

Embiricos interests have reportedly paid $400,000 ransom to secure the release of three seafarers kidnapped from the Greek VLCC Kalamos off WestAfrica 3 February.

In its first earnings call since its NYSE listing earlier this year, Euronav outlined the reasons behind its high hopes for the crude tanker market.