A tanker is headed to South Korea with a first shipment of liquefied natural gas from Canada, which hopes to reduce its ...

Sea Hawk Maritime, led by brothers Michalis and Neofytos Kourtesis, has made a second asset play with an MR tanker it ...

Asian MR tanker rates have jumped as clean product exports hit their highest level since January. Sentosa Ship Brokers noted ...

Shark Tank star and businessman Kevin O'Leary has always nicknamed himself "Mr. Wonderful," but now he's adding another ...

Toro Corp. announces the $36.25 million acquisition of a 2021-built MR tanker vessel, expected to complete in Q2-Q3 2025. Toro Corp. announced plans to acquire a 2021-built MR tanker vessel for ...

MR tankers market preview. The MR market is picking up, as seen in the chart below. Fearnley's. 2024 rates are higher than the seasonal 2019-2023 average (Pacific and Atlantic baskets).

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

The agreement marks bound4blue's largest WAPS deal to date, involving the installation of 20 type-approved eSAIL suction sails on five MR tankers during dry dock periods in 2025 and 2026.

Medium range (MR) tankers which typically can carry between 30,000-40,000 metric tons of gasoline or gas oil, saw earnings rise 34% week over week to $42,500/day.

Scorpio Tankers Inc sells MR product tanker for $39.1M and exercises purchase options for 5 ships, expected to reduce $61.1M in debt.

Toro announces it has entered into an agreement, through a wholly owned subsidiary, to acquire a 2021-built MR tanker vessel from an unaffiliated third-party for a purchase price of $36.25 million.

Vessel Sales The Company has recently entered into agreements to sell two 2014 built scrubber fitted MR product tankers, STI San Antonio and STI Texas City, for $42.5 million per vessel.