- Feb 26, 2015
Asset values are on the rise in many corners of the tanker market, but some segments are seeing greater gains than others. Read full Trade Winds article here.
Ridgebury’s Strong Finish
- Feb 26, 2015
Ridgebury Tankers made waves Wednesday after reporting a fourth-quarter profit that exceeded gains generated by some of its closest competitors in the same period. Read full Trade Winds article here.
Robert P. Burke – Ridgebury Tankers @ 14th Annual German Ship Finance Forum
Robert P. Burke, Partner & CEO, Ridgebury Tankers to be part of a panel- Rebooted: Shipping’s Next Phase of Ownership, Financing and Operation -at the 14th Annual German Ship Finance Forum February 26th, 2015- Hotel Grand Elysee- Hamburg.
- Feb 25, 2015
Ridgebury Crude Tankers Announces Unaudited Results for Fourth Quarter 2014
- Feb 25, 2015
Ridgebury Crude Tankers LLC (“Ridgebury” or the “Company”) reported preliminary unaudited results for the quarter ended December 31, 2014. Six of the company’s seven Suezmaxes operated in the spot market where they participated in a healthy seasonal increase in Suezmax freight rates, generating strong results compared to reported benchmarks. Full report here.
Ridgebury makes VLCC debut with Management deal
- Feb 17, 2015
Ridgebury Tankers has quietly entered the VLCC market after taking management of four vessels on behalf of hedge fund. View full Trade Winds article here.
Ridgebury Executive Questions the Market Fixation with Scale. . .
- Feb 09, 2015
Hew Crooks, chief financial officer of Ridgebury Tankers, shrugs off the idea that a larger company has an advantage due to lower overheads. Read the full Trade Winds article here.
Ridgebury at the Fearnley Investor Conference
- Jan 07, 2015
Company management will speak at the Fearnley investor conference taking place January 14th at the Hotel Bristol in Oslo, Norway, and at Marine Money’s London Ship Finance Forum on January 28th at the Dorchester Hotel in London, England.
New additions to the Ridgebury fleet
- Dec 23, 2014
Ridgebury Tankers today took delivery in Le Havre, France, of the Ridgebury Alice M, a 2003 Sumitomo-built Aframax tanker and sister to the Ridgebury Sally B. The addition of the Alice M brings the Ridgebury fleet to 15 vessels.
Introducing the Ridgebury Sally B
- Dec 22, 2014
Ridgebury Tankers today took delivery of the Ridgebury Sally B, a 2003 Sumitomo-built Aframax tanker. The addition marked the first Aframax tanker in Ridgebury’s growing fleet, joining the company’s seven Suezmax and six MR product tankers. The ship will be employed in the spot market.
The Ridgebury Nicholas Returns
- Dec 17, 2014
The Ridgebury Nicholas A was re-delivered from a fixed rate time charter in Southwest Pass, Louisiana, and immediately placed on a variable rate time charter to Heidmar Trading LLC, for employment in the Heidmar Blue Fin pool. Ridgebury will earn pool revenue, subject to an annually calculated floor of $14,000 per day and will share 50% of any revenue earned in excess of $55,000 per day, also calculated on an annual basis.