In 2008, after a career hauling refined products around the world for a variety of owners, the tanker was converted into a ...

Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns, lease finances leases or bareboat charters-in 112 product tankers (39 ...

“In 2023, only seven product tankers with combined deadweight tonnes (DWT) capacity of 265,000 were recycled. This was a year-on-year drop of 82% compared to 1.5 million DWT (27 product tankers) ...

Performance Shipping, a shipping company specializing in the ownership of tanker vessels, has entered into a time charter contract with ST Shipping & Transport Pte Ltd., for the 2010-built, 105,304 ...

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The Company has entered into an agreement to sell the 2015 built MR product tanker, STI Tribeca, for $39.1 million. The sale of this vessel is expected to close within the first quarter of 2024.

Scorpio Tanker is the largest owner of product tankers. It has 111 vessels at an average age of 7.8 years. 78% of the fleet is equipped with scrubbers. In 2019, Total Debt/Capital was 61.2%, and Total ...

ATHENS, Greece, Jan. 22, 2026 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ: CISS) (the “Company”), a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today the ...

ATHENS, Greece, Jan. 23, 2026 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ: CISS) (the “Company”), a ship-owning company providing dry bulk and tanker seaborne transportation services, provided today an ...

Product tanker rates are showing signs of strength, and have the potential to crush even the records set in 2022—and the number of oil cargoes transiting through the Bab el-Mandeb Strait is falling.

Contrary to some expectations at the year's end, the sector is experiencing one of its historically strongest periods, with MR tanker rates in key basins exceeding $30,000 per day. This environment ...