Overseas Shipholding Group, Inc. (OSG) lets it be known that U.S. ownership of its common stock at the close of business on April 15, 2014 was 77 percent: the minimum
The U.S. Navy Maritime Liaison Office in Bahrain (MARLO) has advised that on or about 12:30 UTC on 14 April, the Master of an oil tanker reported being approached by a white-blue skiff in position 12.
Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector
After extensive testing, LifeGuard Active Rust Primer has earned its unprecedented third renewal of the prestigious Lloyd's Register Certificate as a Recognized Ballast Tank Maintenance Coating.
State-run oil company YPF launched its second fuel oil tender in April, this time to buy two 50,000 metric ton cargoes (some 375,000 barrels each) to be received
Combined production of crude oil, gas and condensates in the United States is on course to a hit a record this year, passing the previous peak set in 1972.
Forties trades at parity with dated Brent; Competing Libyan barrels returning to market. Refining margins under pressure as capacity ramps up.
North Sea Forties
In the latest Clarkson Hellas S&P Weekly Bulletin newbuilding orders are reported in Far East shipyards for a range of vessels as follows:
Managed by the Shipping Corporation of India (SCI), DFDE-type LNG carrier Aseem was drydocked and repaired at N-KOM this month. The highlight of the repair was
North Sea Forties crude differentials were unchanged on Wednesday in very quiet pre-Easter trade, with dealers still watching two potential VLCC shipments to Asia
Stolt-Nielsen Limited announced that all agenda items were approved and all nominated directors were elected at its Annual General Meeting of shareholders held yesterday in Bermuda.
Brazil's state-run oil company Petroleo Brasileiro SA and Japanese trading house Mitsui Corp will study building a liquefied natural gas (LNG) terminal in the country's southernmost state,
Poland's gas monopoly PGNiG said on Wednesday its natural gas sales likely amounted to 4.9 billion cubic metres in the first quarter of 2014, down from 5.6 billion a year earlier.
A tanker has started loading crude at Libya's eastern port of Hariga for the first time in nearly nine months, after a federalist group agreed to re-open it last week,
Scorpio Tankers says it recorded a gain of US$51-million from the sale of the 7 VLCC newbuilding contracts announced earlier.
In March 2014, the Company received
State-owned Oman Shipping Company SAOC (OSC) is projecting to expand its current fleet of 43 ships to 50 by 2018, the Oman Daily Observer reported. According to the report,
Activity in the Russian Urals crude market froze on Tuesday as traders said they were awaiting the first loading dates for May for signs of how much supplies from
North Sea Forties crude differentials firmed on Tuesday as traders eyed two potential VLCC shipments to Asia, though gains were capped as the first cargo of Libyan
State-run Petroperu launched a tender to buy a 360,000 barrel cargo of a Latin American crude to be received May 26-30 at its Talara and Conchan ports, a document seen by Reuters says.
Colombia's Ecopetrol launched a tender to buy three 280,000-290,000 barrel cargos of ultra low-sulfur diesel (ULSD) to be received from May 5 to June 2, according