Mercuria sues Baltic Exchange over ‘distortion’ of key tanker rate benchmark in Middle East war
Charterer and owner says sticking to assessment from beyond the Strait of Hormuz has cost it hundreds of millions
Tankers
Tanker market finds delicate balance as oil prices surge to multi-year highs
Enough cargoes exist for the time being to keep the market profitable, ABG Sundal Collier analyst Petter Haugen says
Andrianopoulos clan sets up new tanker arm to handle raft of incoming carriers
Following its mighty push into tankers, Cape Shipping creates in-house management unit
Asset security can ‘evaporate overnight’ if geopolitical risks ignored, leading banker warns
Societe Generale’s Paul Taylor says old financing models are no longer enough in an uncertain world
Reederei Nord signs first newbuilding deal in a decade to break into large bulkers
The company has already lined up employment contracts for the 211,000-dwt vessels
Vroon lines up ship sales as it logs biggest profit since banks moved in
Restructured Dutch owner says 2026 looking positive
Oil surges as blockades set to cause months of disruption
Cost of Brent barrels hit highest levels for four years amid concerns over renewed air strikes and export cuts
US-sanctioned tanker breaks through Strait of Hormuz blockade as transits dwindle
Double blockade choking off ship traffic as deadlock remains
US sanctions on Hengli refinery raise questions about sister shipyard
Shipowners say their orders are unaffected by action against yard group’s parent
TotalEnergies CEO says Middle East energy flows will take up to three months to reset post-conflict
Company got one tanker out of Gulf but insurance was withdrawn on a second