Samsung Electronics said on Wednesday it is looking at major deals to drive growth as it faced tough questions from ...

Frontline struggles with financial challenges amid market cycles. Read why FRO stock is a potential buy near $14 per share ...

Greece’s Performance Shipping has secured a strong price and a big profit for one of its aframax tankers. The Nasdaq-listed ...

An aframax tanker lost control and hit the side of the dock in the Brazilian port of Santos, damaging three naval ships.

The Company acquired the M/T P. Yanbu in the fourth quarter of 2020 for US$22 million. This sale is expected to generate a gain of approximately US$21.5 million in the first quarter of 2025, excluding ...

MJL Bangladesh PLC, popularly known as Mobil Bangladesh, has decided to sell a secondhand oil tanker for $22.7 million, the company said yesterday. The 20-year-old Aframax oil tanker MT Omera ...

The Panama-flagged Daban, one of dozens of non-sanctioned vessels drawn to the Russian oil trade by fat margins following the ...

The Daban transferred oil from Aframax-sized tankers Vladimir Arsenyev on February 3, Captain Kostichev on February 9 and Victor Konetsky on February 10 at Nakhoda Bay in Russian territorial ...

A ship carrying Russian crude transferred from three smaller tankers that are under U.S. sanctions unloaded last week at a ...

With a robust balance sheet, we look forward to the delivery of our three newbuild LNG-ready LR2 Aframax tankers and our newbuild LR1 chemical/product oil tanker, beginning with the delivery of ...

This concludes the financing for all three newbuilding LNG-ready, scrubber-fitted LR2 product/crude oil tanker vessels ... all three newbuilding LR2 Aframax tankers have been chartered to ...