Ocean Yield said it had bought the two ships and put them on eight-year bareboat charters to Nordic American Tankers in a ...

Nordic American Tankers (NAT) announced the expansion of its fleet on Friday as it agreed to buy a 2016-built vessel from a ...

The Suezmax market is undergoing a profound realignment: major independent shipowners, such as Bergesen d.y., C.Y. Tung and Sanko S.S. have exited the Suezmax market over the course of the last ...

CEO Herbjorn Hansson said, “As previously communicated, we recently acquired a Sungdong (South-Korea) built suezmax tanker from a first-class ...

A tanker controlled by Greek owner Enesel is importing the first Algerian crude for Nigeria's giant Dangote refinery. Oil ...

Dear Shareholders and Investors,As previously communicated, we recently acquired a Sungdong (South-Korea) built suezmax ...

The transportation of Iranian oil to China is increasingly relying on smaller, more agile tankers, as US sanctions continue ...

The shift is likely due to their ability to discharge oil at shallower Chinese berths. Read more at straitstimes.com.

Potential upside exists if VLCC and Suezmax rates increase, driven by geopolitical factors and inefficient trading patterns, potentially pushing the stock price to $40. Main risks include economic ...

Lars Barstad; Chief Executive Officer of Frontline Management AS; Frontline Plc Inger Klemp; Chief Financial Officer of Frontline Management AS; Frontline Plc Thank you very much, dear all, and thank ...

Frontline PLC (FRO) reports robust earnings and cash position, navigating market uncertainties with strategic fleet management.

Our VLCCs were at $38,500 and our Suezmax is at $39,500. We report adjusted EBITDA of $37 million, adjusted net profit of $13 million and adjusted earnings per share of $0.41. Continuing to ...