AET's Lightering Support Vessel will be retrofitted with Fleetzero's plug-in hybrid-electric system as part of the initiative ...

Performance Shipping (PSHG) announced that, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement with ...

Dynacom Tankers and Polembros Shipping begin receiving newbuild tankers after major investments in recent years ...

Shipowners and charterers are holding back on committing to longer-term tanker deals due to huge uncertainty caused by ...

Andriotis noted C3is has no Chinese-built vessels and he believes these two factors "could have a significant positive impact ...

Performance Shipping Inc. announced a sale and leaseback agreement for a newbuild LR2 Aframax tanker vessel, finalizing financing for all three of their forthcoming LNG-ready tankers. The ...

Tanker owner Performance Shipping entered into a sale and leaseback agreement with an unaffiliated third party for a ...

On the other hand, Teekay Tankers president and chief executive Kenneth Hvid disclosed during the company’s recent Q4 ...

Fleet operational utilization of 90.2% for the three months ended December 31, 2024, mainly due to the commercial idle days of the vessel that operated in the spot market, as our vessels that operated ...

The shift is likely due to their ability to discharge oil at shallower Chinese berths. Read more at straitstimes.com.

As previously announced on March 12, 2024, all three newbuilding LR2 Aframax tankers have been chartered to Clearlake Shipping Pte Ltd. for a period of five years, upon delivery of the Vessel ...