oiltankers.blogspot.com
Oil Tankers: Oman to Spend $4 Billion on Shipping Fleet
http://oiltankers.blogspot.com/2008/03/oman-to-spend-4-billion-on-shipping.html
VLCCs, Suezmax, Aframax, Panamax. Monday, March 24, 2008. Oman to Spend $4 Billion on Shipping Fleet. Oman to spend $4bn on shipping fleet. Monday, 24 March 2008. Oman's state shipping firm will spend up to $4 billion in the next three to four years to expand its fleet size, a senior company official said, part of the sultanate's efforts to upgrade its oil industry. We are expanding the fleet with a view of the future demands for our export grade crudes and products," he said. International pressure and ...
oiltankers.blogspot.com
Oil Tankers: Oil Traders Seek Tankers For Storage
http://oiltankers.blogspot.com/2009/01/oil-traders-seek-tankers-for-storage.html
VLCCs, Suezmax, Aframax, Panamax. Wednesday, January 7, 2009. Oil Traders Seek Tankers For Storage. Oil Traders Seek Another 10 Tankers, Frontline Says. Frontline Ltd., the world’s biggest owner of supertankers, said oil traders want to charter as many as 10 vessels to stockpile crude to take advantage of higher prices later in the year. Thirty-five supertankers represent about 7 percent of the global fleet of very large crude carriers, according to data from London-based Drewry Shipping Consultants Ltd&...
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Oil Tankers: Nokta and Chappell in 2006
http://oiltankers.blogspot.com/2007/12/nokta-and-chappell-in-2006.html
VLCCs, Suezmax, Aframax, Panamax. Sunday, December 2, 2007. Nokta and Chappell in 2006. Around the Markets: Rising tide lifts stock of cargo firms. JULY 11, 2006. NEW YORK: As U.S. stocks sank in May and June, shares of oil tanker companies like Teekay Shipping proved buoyant, outperforming the Standard and Poor's 500 index by 17 percentage points. The Bloomberg tanker index jumped 14 percent from the end of April through June 30, as daily rates for the largest carriers reached a four-month high in what ...
oiltankers.blogspot.com
Oil Tankers: Hebei Spirit
http://oiltankers.blogspot.com/2007/12/hebei-spirit.html
VLCCs, Suezmax, Aframax, Panamax. Friday, December 14, 2007. South Korea Battles Biggest Oil Spill in 4 1/2 Years. By Sungwoo Park and Bomi Lim. South Korea battled to contain the world's biggest oil spill in 4 1/2 years after a supertanker collided with a barge near Hyundai Oilbank Co.'s refinery on the nation's west coast. South Korean oil companies are probably the world's ` biggest users' of single-hull tankers, Per Mansson, a tanker broker at Nor Ocean Stockholm AB, said in an e-mailed note today...
oiltankers.blogspot.com
Oil Tankers: Baltic Dirty Tanker Index Chart Test
http://oiltankers.blogspot.com/2008/01/baltic-dirty-tanker-index-chart-test.html
VLCCs, Suezmax, Aframax, Panamax. Tuesday, January 8, 2008. Baltic Dirty Tanker Index Chart Test. Labels: Baltic Dirty Tanker Index. Subscribe to: Post Comments (Atom). Baltic Dirty Tanker Index. Double Hull (DHT) Shares Rise on Upgrade. Baltic Dirty Tanker Index Chart Test. Gulf rates could drop as tankers chase cargoes. Overseas Shipholding Group (OSG). Ship Finance International (SFL). Tsakos Energy Navigation (TNP). General Maritime Corporation (GMR). Double Hull Tankers (DHT). Labels, Tags, Keywords.
oiltankers.blogspot.com
Oil Tankers: Well, it finally happened
http://oiltankers.blogspot.com/2007/12/well-it-finally-happened.html
VLCCs, Suezmax, Aframax, Panamax. Friday, December 7, 2007. Well, it finally happened. A single-hull tanker spilled. Freight Derivatives Surge After South Korea Oil Spill. Forward freight agreements, contracts that traders buy and sell to bet on the future cost of shipping crude oil, surged after a single-hull tanker was involved in the worst spill in South Korea's history. Contracts for January climbed as much as 8 percent while those for the first the three months of next year advanced 7 percent. Contr...
oiltankers.blogspot.com
Oil Tankers: Double Hull (DHT) Shares Rise on Upgrade
http://oiltankers.blogspot.com/2008/01/double-hull-dht-shares-rise-on-upgrade.html
VLCCs, Suezmax, Aframax, Panamax. Sunday, January 20, 2008. Double Hull (DHT) Shares Rise on Upgrade. Shares of Double Hull Tankers Rise After Analyst Suggests Stock Is Undervalued. January 18th, 2007. NEW YORK (AP) - Shares of Double Hull Tankers Inc., which owns and operates a fleet of crude oil tankers, soared Friday after a Citi analyst raised the stock to "Buy," citing its improved value following steep sell off. Quarterly dividends ranged between 37 cents a share and 44 cents a share in 2007. Gulf ...
oiltankers.blogspot.com
Oil Tankers: Teekay's Spin-Offs
http://oiltankers.blogspot.com/2007/12/teekays-spin-offs.html
VLCCs, Suezmax, Aframax, Panamax. Friday, December 14, 2007. Teekay Tankers' Taste of Success. Teekay Corp. thinks the whole is less than the sum of its parts. The energy-based maritime conglomerate has spun off yet another one of its major operations. On its first day of trading Thursday, shares in Teekay Tankers (nyse: TNK) gained 4.0%, or 78 cents, to $20.28. Its initial public offering price of $19.50 per share was at the high end of the anticipated range. Charles W. Rupinski, an analyst at Maxim...
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Oil Tankers: Asian Aframax Rate Gains Most Since 2005
http://oiltankers.blogspot.com/2007/12/asian-aframax-rate-gains-most-since-feb.html
VLCCs, Suezmax, Aframax, Panamax. Wednesday, December 12, 2007. Asian Aframax Rate Gains Most Since 2005. Asian Aframax Rate Gains Most Since Feb. 2005 on Yearend Demand. Asian aframax rates rose the most in two years and nine months, benefiting from higher costs for chartering bigger tankers and boosted by increased shipments for January ahead of the yearend holidays. The rate to transport 80,000 metric tons. Of fuel from Kuwait to Singapore jumped 12 percent yesterday to Worldscale 233.75. Rose 5.5...