BIMCO and the Association of Ship Brokers & Agents (USA) Inc. (ASBA) have revised ASBATANKVOY, the only dedicated tanker form not associated with an oil major. The updated version of the voyage ...

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The completion of the $3.0 million common share repurchase program demonstrates Pyxis Tankers' commitment to returning value to shareholders and potentially enhancing share price. Redemption of all ...

Oil traders are avoiding Chinese-built tankers due to proposed U.S. port fees. The proposed fees could add up to $1.5 million per port entry for Chinese vessels. This shift is disrupting the tanker ...

Owners of oil tankers are hesitant to offer their vessels for routes in the Middle East due to escalating tensions between Israel and Iran. Concerns about disruptions, particularly at the Strait of ...

Kongsberg Maritime has signed a contract with Samsung Heavy Industries (SHI) to supply integrated technology packages for nine new Dynamic Positioning (DP) Shuttle Tankers, being built for Greek ...