Aframax Stocks List

Related ETFs - A few ETFs which own one or more of the above listed Aframax stocks.

Aframax Stocks Recent News

Date Stock Title
May 8 TNK Teekay Tankers Q1 2024 Earnings Preview
May 8 INSW International Seaways, Inc. 2024 Q1 - Results - Earnings Call Presentation
May 8 INSW International Seaways Inc. (INSW) Q1 2024 Earnings: Surpasses Analyst Revenue Forecasts
May 8 INSW International Seaways GAAP EPS of $2.92 beats by $0.64, revenue of $274.4M beats by $25.44M
May 8 INSW International Seaways Reports First Quarter 2024 Results
May 8 TNK 4 Must-Buy Profitable Stocks Using Net Income Ratio
May 7 INSW International Seaways Q1 2024 Earnings Preview
May 7 DHT Expeditors International (EXPD) Tops Q1 Earnings and Revenue Estimates
May 7 PSHG Performance Shipping Inc. Signs Shipbuilding Contract for the Construction of a Newbuilding LR1 Tanker Vessel
May 6 TNP Is Seanergy Maritime Holdings (SHIP) Stock Undervalued Right Now?
May 6 TNK Teekay Tankers Ltd. (NYSE:TNK) is favoured by institutional owners who hold 52% of the company
May 3 DHT Harmonic, Reservoir Media, and More Stocks See Action From Activist Investors
May 3 TNK Here's What Could Help Teekay Tankers (TNK) Maintain Its Recent Price Strength
May 3 DHT DHT Holdings, Inc. to announce first quarter 2024 results on Tuesday, May 14, 2024.
May 2 TNK Teekay Tankers (TNK) to Post Q1 Earnings: What's in Store?
May 2 INSW Scorpio Tankers (STNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
May 1 INSW International Seaways (INSW) Suffers a Larger Drop Than the General Market: Key Insights
May 1 TNK Teekay Group to Announce First Quarter 2024 Earnings Results on May 9, 2024
Aframax

An Aframax ship is an oil tanker smaller than 120,000 metric tonnes and with a breadth around 42-44 m and therefore would not be able to pass through the original Panama canal. The term is based on the Average Freight Rate Assessment (AFRA), a tanker rate system created in 1954 by Shell Oil to standardise shipping contract terms.Due to their favorable size, Aframax tankers can serve most ports in the world. These vessels serve regions that do not have very large ports or offshore oil terminals to accommodate very large crude carriers and ultra-large crude carriers. Aframax tankers are optimal for short- to medium-haul crude oil transportation. Aframax class tankers are largely used in the basins of the Black Sea, the North Sea, the Caribbean Sea, the South and East China Seas, and the Mediterranean. Non–OPEC exporting countries may require the use of this type of vessel because the harbors and canals through which these countries export their oil are too small to accommodate the larger Suezmax or the larger still very large crude carriers and ultra-large crude carriers.

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