Maritime Reader

MARITIMEINTELLIGENCEDAILY11 MAY 2026 MONDAY
TankersHellenic Shipping News·about 3 hours ago

Tanker owners post record earnings as Hormuz disruption forces detours

Hellenic Shipping News

Product tanker owners are posting record earnings as the closure of the Strait of Hormuz forces long-haul voyages from the Atlantic Basin to replace Middle East volumes, executives at two major ship owning companies said in May 7 earnings calls. International Seaways reported a blended average spot time charter equiva