Operators who bought or ordered enough tankers early enough have found their own gushers
FourWorld takes legal action after ‘egregious’ transaction that ended deadlock over ownership of oil shipping group Euronav
The latest Houthi attack — on a vessel working for Trafigura — has tightened fuel tanker and oil products markets
Voluntary tender offer seeks to bypass effort by Saverys family to avert deal
Alexander Saverys says Euronav shareholders will receive ‘nothing’ from planned tie-up with Frontline
Merger agreement marks latest bet by Norway-born tycoon John Fredriksen on future of crude shipping
Increased shipments of sanctioned oil are undermining their businesses
The collapse in the price of the black stuff is proving a boon for ship owners
Cost of hiring a very large crude carrier rises past $200,000/day
US sanctions on Chinese shipowner and new emissions rules have led to tightening of supply
Ho-hum market reaction is not surprising given the Gulf’s falling share of seaborne crude
900,000 fewer barrels a day will leave Gulf ports over next year, so less transport required
Higher charter rates have done nothing for shipping companies
After 5 years of shrinking profits, VLCC operators see strongest trading conditions since 2008
Surging Asian demand has caused crude carrier rates to boom
Oil prices have fallen so far that buyers are keen to get what they can. They’ll need tankers
After a horrendous period of oversupply, demand has turned buoyant