The deficit in September was $14,240 per day. In August, the company was $19,050 behind the charter-in rate, and July was $21 ...

A tanker with a colourful past has changed hands for the eighth time in its 18-year history and the second time this year.

Named after Xenophon Kyriakou, the father of Athenian’s late founder Minos Kyriakou, the Captain X Kyriakou was the last ...

Navios Maritime Partners has capitalized on shifting trade routes and geopolitical uncertainties, boosting its stock by 59.6% ...

Analysts at Clarkson Securities cut tanker rate forecasts for 2025 on Monday, citing a weaker demand environment, but still ...

Q3 2024 Earnings Call Transcript November 9, 2024 Operator: Welcome to OETs Third Quarter 2024 Financial Results presentation. We will begin shortly. Aristidis Alafouzos, CEO, and Iraklis Sbarounis, ...

Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter ...

ATHENS, Greece, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET), announced today that the Company's board of directors (the “Board”) has ...

The sailing fleet consists of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers. Forward Looking Statements This communication contains “forward-looking ...

"While the conflict in the Red Sea previously contributed to ton-mile growth for product tankers, the switching of VLCC and ...

Q4 Fleet Wide Days Fixed: 66% at $43,800 per day. Q4 VLCC Spot Days Fixed: 63% at $46,900 per day, 26% outperformance. Q4 Suezmax Days Fixed: 70% at $40,200 per day, 23% outperformance. Okeanis Eco ...

Clarksons Securities lowers tanker rate forecasts for 2025 due to weaker demand but sees upside potential in stock valuations ...