UK broker Braemar is predicting an oversupply of crude tanker tonnage in the Atlantic as Venezuela halts exports to the US.

Performance Shipping Inc. announced a forward sale and exclusivity agreement for its 2009-built Aframax tanker, M/T P. Sophia, with an unaffiliated third party.

If the Buyer is awarded the Offshore Project by the expiration of the auction on April 5, 2026, the Buyer will purchase the Company's oldest vessel, the 2009-built M/T P. Sophia, for delivery within a ...

Turkey's biggest refiner is reported to have resumed buying Russian crude cargoes after calling a halt in February. Three ...

Following this vessel sale and the delivery of our three newbuild LR2 Aframax tankers, as of January 2026, our fleetwide average age will improve considerably, decreasing from 14 to 10 years.

This agreement grants the Buyer exclusive rights to submit a bid for the conversion of the Company’s Aframax tanker, M/T P. Sophia, in an auction for the provision of a Floating Production ...

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 ...

The US-listed Greek shipowner said the agreement grants the potential buyer exclusive rights to submit a bid in an auction for the provision of an FPSO vessel chartered to a national oil company. The ...

It operates through the Aframax/LR2 Tanker and Handysize Tanker segments. The Aframax/LR2 Tanker segment includes vessels operated under time charter contracts, voyage charter contracts ...