Twenty-four crew members of a Greek-managed product tanker attacked by pirates in the Indian Ocean on Thursday remain safe in the vessel’s citadel, awaiting rescue by an approaching EU warship.

Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of tanker vessels. The Company employs its fleet on spot voyages, through pool arrangements, and on time charters.

We still see a fairly comfortable outlook for tanker shipping. Demand has risen slightly, and ordered capacity isn't overwhelming. The sector remains heavily exposed to geopolitics, with inefficiencies due to sanctions and longer journeys supporting ...

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Teekay Tankers Ltd, one of Bermuda’s leading shipping companies, reported third-quarter net income of $92.1 million, or $2.66 per share, up sharply from $62.6 million in the previous quarter, as the