Transatlantic Suezmax fixtures show weak European VGO fundamentals

Recent Suezmax fixtures carrying European high sulfur vacuum gasoil across the Atlantic to the US Gulf Coast are...

Tankers: WAF-UKC Suezmax freight rates fall to 10-month low on weak demand

The cost of sending crude oil from West Africa to UK-Continent on Suezmaxes has dropped to a 10-month low due ...

First Suezmax for July fixed on Europe-Asia high sulfur fuel oil arbitrage route

A first Suezmax vessel for July has been booked to take HSFO from Europe to Asia, and a second fixture is...

MSI: Crude Tanker Market Hit Hard by OPEC’s Cut

The predicted influx of new tonnage, combined with the Organization of the Petroleum Exporting Countries’ (OPEC) production cap and lower levels of refinery throughput are hitting crude markets hard, according to Maritime Strategies International (MSI).

KNOT Shuttle Tankers to Buy Tordis Knutsen

KNOT Shuttle Tankers AS, a subsidiary of KNOT Offshore Partners, has entered into a share purchase agreement to acquire KNOT 24, the company that owns the 2016-built Suezmax shuttle tanker Tordis Knutsen, from Knutsen NYK.

Suezmax Crude Carrier Arrested in Singapore

Ambassador, a Suezmax crude oil tanker, has been arrested in Singapore waters, according to Supreme Court of Singapore’s data.

Tankers: West African Suezmax freight rates show signs of recovery amid heavier fixing

West African Suezmax freight rates have begun to show signs of recovery after a prolonged period of weakness, with fixing levels increasing for September, shipping sources said this week.