It bought the 108,000-dwt ASP Avana (ex-Pusaka Java, built 2018) from Nissen Kaiun for a reported price of $69m and the ...

Here are some things to look out for in the tanker market in 2025. Over the years, VLCCs have tended to set the tone for the tanker market; when they went up, they would drag the rest of the market up ...

Performance Shipping ( (PSHG) ) has provided an announcement.

below its prior 46K/day target for both Suez and Aframax tankers. Less than two weeks ago, BofA downgraded Teekay Tankers (TNK) to Neutral from Buy after the company posted Q3 adjusted earnings ...

The Aframax tankers will be designed with a capacity of 110,000 dwt each. Aid Package Announced For Shipbuilders India also announced an aid package for its shipbuilding industry — a package ...

Clearly, the Suezmax tanker has neither the trading flexibility of an Aframax nor the economies of scale of the VLCC, and yet it is subject to compliance with OPA 90 for much of its trade.

it has entered into a time charter contract with American Eagle Tankers (“AET” or the “Charterer”), a member of MISC Group, for the 2011-built, 104,623 dwt Aframax tanker vessel ...

Mobil Jamuna Lubricants Bangladesh (MJLBD) is set to buy an oil tanker and acquire land to expand its operational footprint.

The Aframax tanker Attica, which was sanctioned by the UK last month for carrying Russian oil, was on Thursday observed heading on a route that would have taken it around the north of the UK on ...

Global Ship Lease: Arbitraging The Residual Value Of Older Containerships At the end of 2023, the world's Aframax tanker fleet consisted of 696 vessels, with an additional 32 tankers expected to ...

Performance Shipping Inc. has secured a 21-month time charter contract with American Eagle Tankers for its Aframax tanker, M/T Blue Moon at a rate of US$28,000 per day, generating an estimated US$ ...