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The tanker shipping business is cyclical, and the cycle has been down since the financial crisis.
General Maritime, a publicly traded tanker shipping company, is finding out that when you play with the big boys, you sometimes get hurt.
The maritime transportation sector is rapidly growing depending on the global growth, hence chemical tanker shipping is positively being affected concordantly.
The conversion of natural gas at its source to higher-valued liquid fuels is an alternative to the pipeline transportation of treated gas and the dedicated tanker shipping of LNG.
Oil tanker shipping firm Frontline Ltd. trades at nearly twice the P/E of Tidewater at 14.2.
Among the top guru energy holdings are a couple of oil shippers: Knightsbridge Tankers, which has five ships, and Nordic American Tanker Shipping, which has six.
Similar(52)
Overseas transport is conducted in specially designed tanker ships.
Tanker ships are getting bigger and more affordable.
Between the two doomed tanker ships, 70 men were saved.
He persuaded the United States to subsidize building tanker ships.
In July 2008, the towboat was pushing a tanker barge when it collided with a tanker ship.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com