FRO News and Press, Frontline Ltd. From 10/24/19

The U.S. Treasury Department issues a sanctions waiver until Dec. 20 to China's Cosco Shipping Tanker to wind down all transactions related to Iranian oil under U.S. sanctions. More news on: Frontline Ltd., Euronav NV, Nordic American Tankers Limited, Energy stocks news, Read more .....

Editors' Note: this is a transcript version of the podcast episode of Value Investor's Edge Live with Euronav CEO Hugo De Stoop, which we published yesterday. Two quick notes - this is the second public episode of Value Investor's Edge Live, and in the month between the recording and the po...

Listen to or subscribe to The Investing Edge on these podcast platforms: Apple Podcasts Spotify Google Play Stitcher Seeking Alpha The second public episode of Value Investor's Edge Live features Hugo De Stoop, CEO of Euronav ( EURN ), as well as Brian Gallaghe...

In a recent article about Occidental Petroleum ( OXY ), I discussed why U.S. crude exports may drop due to the spike in tanker rates. However, I did not present a more complete market analysis of the potential impacts that may result. That is the focus of this article. As reported by Llo...

There's seems to be no stopping a surge in oil tanker rates which has given owners of the vessels such as Frontline ( FRO +2.6% ) and Euronav ( EURN +1% ) one of their biggest boosts in years. More news on: Frontline Ltd., Euronav NV, Nordic American Tankers Limited, Energy stocks n...

Executive Summary In January 2020, the shipping industry will head to the brave new world of 0.5% low sulphur cap. IMO 2020 brings uncertainty to the shipping industry. The residual risks of the new regulation are: Shortage of compliant fuel leading to operational disruptions Complia...

Rates to charter oil tankers from the Arab Gulf, U.K. and the U.S. Gulf Coast to Asia surged to fresh highs today, Reuters reports, as global oil traders continue to cope with a tanker shortage in the aftermath of U.S. sanctions on China's Cosco. More news on: Occidental Petroleum Corpor...

Synthesis Energy Systems (NASDAQ: SES ) +88%  on acquiring Australian Future Energy in all-stock deal. More news on: Synthesis Energy Systems, Inc., Aclaris Therapeutics, Inc., The Royal Bank of Scotland Group plc, Stocks on the move, Read more ...

The cost of shipping crude oil continues to climb and has now hit an 11-year high amid a capacity squeeze following the U.S. blacklisting of Cosco, one of the world's largest tanker owners and a major carrier for China's oil needs. More news on: Frontline Ltd., Nordic American Tankers Li...

Happening Now: Shipping Rates Are Surging - Stocks Are Responding But Still Lagging The Market. There Is Deep Value In Shipping! Overview The story since the Great Recession has been one of oversupply and historically bad rates for virtually all shipping segments at one time or another...