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VLCC tankers offer better risk-reward due to lower order book and higher number of aging vessels compared to Suezmax. Nordic American Tankers has a solid balance sheet. The company’s debt payments are ...

“The amount of cash released from the concluded deals approximates our current market capitalization. Taking into account the new debt levels of our fleet following the refinancings, the leverage of ...

As the global VLCC community gathers in Dubai for Bahri Week, all eyes are once again on OPEC and Middle East production policy. Middle East regains influence in VLCC market as OPEC+ increases supply.

Detailed price information for Okeanis Eco Tankers Corp (ECO-N) from The Globe and Mail including charting and trades.

Now we can build 20, 30, 50 ships, or even more, at a time. It’s like manufacturing cars,’ says Hengli Group chairman Chen ...

The cost of hiring an oil supertanker on a benchmark route spiked to the highest in more than five years, as buyers sought alternatives to sanctioned Russian crude amid increased supply from Middle ...

LONDON, April 19 (Reuters) - Crude oil freight rates on major routes were steady to firm on Monday with market players looking to May loading programmes to help bolster activity in the Middle East ...