In the wake of Russia’s war on Ukraine, oil prices jumped to a 14-year record. While they have pulled back from that peak, they still remain at decadal high levels. The obvious winners in this scenari...
Tag: tanker
Tanker Stocks Hit 52-Week Highs As One Posts 18% Gains In 2023
Two tankers stocks briefly hit 52-week highs Friday, showing strength in the group. One of the companies is expected to post 82% earnings growth in 2023. X Teekay Tankers (TNK) hit a 52-week high and ...
Rescue Effort For Stricken Yemeni Tanker In Limbo, Despite Lull In Fighting
The FSO Safer tanker moored off the Yemen coast, as seen on June 17, 2020. (Satellite image (c) 2020 … [+] Maxar Technologies) DigitalGlobe/Getty Images Despite a relatively stable security situ...
A KC-46 Crew Gutted Out a Day and a Half-Long Mission to Prove the Air Force Can Offset Its Dwindling Number of Tankers
Lt. Col. Greg Van Splunder and Lt. Col. Brandon Stock, pilots with the 157th Air Refueling Wing, … [+] guide their KC-46A Pegasus as it receives fuel from another Pease KC-46A during a 36-hour e...
Why Boeing Believes It Has An Edge In Any New Air Force Tanker Competition
The U.S. Air Force is in the midst of a multi-decade effort to replace over 400 Cold War-era tankers in its aerial refueling fleet. The contract for the first increment of 179 tankers was awarded to B...
2 Live Crew – The Air Force Flew a KC-46 Refueling Mission with Just One Pilot and One Boom Operator
A KC-46A Pegasus like this one flew an entire aerial refueling mission with one pilot and one boom … [+] operator, two people – just as with the F-15E pictured here – on October 25. ...
Five Ways A New Air Force Tanker Competition Would Be Very Different From The Last One
One of the most important roles the Air Force performs is providing aerial refueling for U.S. military aircraft and those of allies. With military engagements typically unfolding thousands of miles fr...
UN “Confident” Of Raising Funds To Rescue Stricken Yemeni Tanker, Averting Huge Spill
Satellite image of the FSO Safer tanker moored off the Yemen coast, on June 17, 2020 (Photo: Maxar … [+] Technologies) DigitalGlobe/Getty Images The United Nations says it is “confident” that it...
Biotech, Tanker Stocks Hit New Highs, Top Bullish Patterns
Stocks striking new highs are still rare to find as several stocks, sectors and indexes finally approach their 50-day moving average. But rare-disease-drug maker Catalyst Pharmaceuticals (CPRX) and Te...
5 Biggest Oil Tanker Companies
Oil tanker companies specialize in the transportation and storage of crude oil. The business involves firms that own, operate, or lease various types of oil tankers and facilities. Crude tankers trans...
Oil Tanker Stocks To Watch As Shipping Rates Soar
Market experts consider rising inflation and the Ukraine crisis as the two biggest market risks this year. Runaway inflation has been corroding asset values, limiting buying power and eating away at c...
$4.2 Billion Deal to Create Oil Tanker Giant
(Bloomberg) — Frontline Ltd. and Euronav NV are considering an all-stock merger that would produce the world’s biggest tanker fleet, just as Russia’s invasion of Ukraine drives a recovery in the...
Oil Tanker Stocks Extend Rally Despite U.S. Talks Of Banning Oil Imports From Russia
Oil tanker stocks like Euronav, Frontline and International Seaways have all surged more than 20% this year. Getty While Russia’s oil exports are crashing and Secretary of State Antony Blinken said ov...
KC-46 Cleared For Refueling 70% Of Joint Air Fleet As Next Round Of Tanker Competition Looms
With 53 aircraft in service, Boeing’s BA KC-46 Pegasus tanker is now approved for supporting over two-thirds of the aircraft in the joint air fleet that are capable of receiving fuel in flight. The ta...