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Read all the latest news about Tanker. ShippingWatch gives you independent, credible, critical and fair news.

Torm and Ardmore: Oil peak will arrive late

The demand for oil will undoubtedly peak. The question is when and who will feel it first. ShippingWatch has interviewed the CEOs of Torm and Ardmore about the situation for product tanker carriers.

Torm and Ardmore: Oil peak will arrive late

The demand for oil will undoubtedly peak. The question is when and who will feel it first. ShippingWatch has interviewed the CEOs of Torm and Ardmore about the situation for product tanker carriers.

Tanker fleet is not growing as much as feared

Growth for the global tanker fleet will be more moderate when considering developments over the past year, writes Poten & Partners in a new analysis. A demand increase could push up rates.

Tanker carriers could be hit by oil peak earlier than expected

The demand for oil could peak before many stakeholders expect, say several analysts. They advise tanker carriers to take it seriously when setting out future strategy, while there is some indication that at least one carrier is already in the midst of a transition.

North Korean tankers loading oil in Russia

Eight vessels from North Korea, currently subject to sanctions, have this year loaded oil cargoes in Russia, with China and South Korea listed as their destination. But the course was changed at a later point, reports Reuters.

Navios' tanker unit in Q2 deficit

The tanker carrier at Greek Navios' was hit in the second quarter by fluctuating oil prices and uncertain commodity prices going forward. The company lost USD 4.6 million in Q2.

Carriers have ordered more tankers and bulkers this year

The first six months of 2017 saw a rise in orders for new tanker and dry bulk vessels compared to the first half of 2016. For one segment, no newbuild orders have been placed so far this year, show new numbers from VesselsValue.

Odfjell buys vessels and creates tanker pool

Norwegian carrier Odfjell has signed a declaration of intent to order as many as five chemical tanker vessels together with a US-based partner. The ships will be delivered within the next year and will be placed in a new pool.

Saga Tankers owner to cash huge dividend

Saga Tankers, controlled by investor Øystein Spetalen, will at the upcoming general assembly pay out dividends corresponding to almost half the company's market value.

Marshall Islands court rejects Frontline request

According to tanker carrier DHT Holdings, the court in the Marshall Islands has rejected Fredriksen-controlled Frontline's request for a preliminary ban on the transaction DHT has made with BW Group.

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