Signal’s net time charter equivalent (TCE) figures have seen a significant increase, meanwhile, rising to $43,300 per day in ...

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s partnership with INSW in which V.Ships UK manages 44 vessels in the INSW fleet, spanning VLCCs, Suezmax, Aframax, Panamax (LR1) and MR vessels.The six LR1 vessels, currently under construction ...

The contracts cover the supply of a mobile offshore production unit and an Aframax tanker to be used as a floating storage and offloading vessel for the project, according to Rex International ...

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 ...

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 ...

The Mobile Production Unit will be converted from a medium-sized drilling rig. Rex International Holding's subsidiary, Akrake ...

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.

Akrake Petroleum, Rex International's indirect subsidiary, has signed contracts for a Mobile Production Unit (MOPU) and an ...

Insurance costs for tankers fell over the last 12 months as underwriters competed on price to secure the best-performing ...

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 Storage and ...