TRMD stock looks like a buy below NAV: strong tanker rates, 70–80% profit dividends, and ~20% yield. Read more on what ...

DNB Carnegie has lowered the rating for product tanker stocks as it fears the Middle East war will have “a detrimental impact” on seaborne oil volumes. Analyst Jorgen Lian downgraded Hafnia and ...

“In 2023, only seven product tankers with combined deadweight tonnes (DWT) capacity of 265,000 were recycled. This was a year-on-year drop of 82% compared to 1.5 million DWT (27 product tankers) ...

Sea Owl I and Caffa remain at anchor off southern Sweden as prosecutors and coastguard investigators examine suspected false ...

At least nine of the 16-member crew of a Comoros-flagged oil tanker that capsized off Oman on Monday have been rescued while one was found dead, officials said on Wednesday, two days after the ...

MONACO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (STNG) (“Scorpio Tankers” or the “Company”) announced today that it has entered into an agreement to sell an MR product tanker, and has ...

Tanker stocks continued to drop in Europe on Thursday. VLCC owner Frontline lost 3% and product tanker firm Hafnia fell 4.7% ...

Maroussi, Greece, September 22, 2023 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), (the “Company”), an international shipping company, today announced that it has agreed to sell the vessel Pyxis ...

Contrary to some expectations at the year's end, the sector is experiencing one of its historically strongest periods, with MR tanker rates in key basins exceeding $30,000 per day. This environment ...

Product tanker rates are showing signs of strength, and have the potential to crush even the records set in 2022—and the number of oil cargoes transiting through the Bab el-Mandeb Strait is falling.

ATHENS, Greece, Jan. 22, 2026 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ: CISS) (the “Company”), a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today the ...

The Company has entered into an agreement to sell the 2015 built MR product tanker, STI Tribeca, for $39.1 million. The sale of this vessel is expected to close within the first quarter of 2024.