ADNOC Buys 11 Supertankers for $1.3 Billion to Expand Export Fleet
ADNOC has bought 11 very large crude and gas carriers for $1.3 billion as the national oil company…
Newbuild Supertanker Orders Hit Record High, Surpassing 2008 Peak
By Alex Longley and Weilun Soon (Bloomberg) — The world’s shipowners have placed orders for a record number of…
West Africa Crude Discounts Deepen on Freight Surge
(Bloomberg) – West African crude traders are being forced into offering deep discounts by soaring freight costs and…