Economic analysis demonstrating the strengthening business case for dual fuel in the tanker sector presented at Singapore ...

Suezmax and aframax rates have both surged in recent weeks to year-to-date highs. The Baltic Exchange’s suezmax time charter ...

Performance Shipping Inc. announced a forward sale and exclusivity agreement for its 2009-built Aframax tanker, M/T P. Sophia, with an unaffiliated third party.

If the Buyer is awarded the Offshore Project by the expiration of the auction on April 5, 2026, the Buyer will purchase the Company's oldest vessel, the 2009-built M/T P. Sophia, for delivery within a ...

Estonian authorities have detained a sanctioned aframax tanker over its alleged lack of a flag state. The Baltic country’s ...

Following this vessel sale and the delivery of our three newbuild LR2 Aframax tankers, as of January 2026, our fleetwide average age will improve considerably, decreasing from 14 to 10 years.

As previously announced on March 12, 2024, all three newbuilding LR2 Aframax tankers have been chartered to Clearlake Shipping Pte Ltd. for a period of five years, upon delivery of the Vessel ...

President Donald Trump's plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. Fuel choices are among the most direct means that ...

The Daban transferred oil from Aframax-sized tankers Vladimir Arsenyev on February 3, Captain Kostichev on February 9 and Victor Konetsky on February 10 at Nakhoda Bay in Russian territorial ...

This agreement grants the Buyer exclusive rights to submit a bid for the conversion of the Company’s Aframax tanker, M/T P. Sophia, in an auction for the provision of a Floating Production ...