What Crew Members Say About Ocean-Thunder

In a significant maritime development, the 'Ocean Thunder', a tanker registered under the Panama flag, has successfully navigated through the strategic Strait of Hormuz on April 5, 2026. The vessel, which was traversing the Gulf of Oman, was on its way from Ras Tanura to Dubai, carrying a substantial cargo of one million barrels of crude oil sourced from Iraq. Interestingly, Iranian authorities labeled the ship as being flagged in Portugal. However, it has previously flown various flags, including those of Greece, Liberia, Malta, Norway, and the Marshall Islands, before finally being registered in Panama. This incident underscores the complex nature of maritime registration and the geopolitical sensitivities surrounding shipping routes in the region.

Ridgebury Tankers has officially announced the sale of its fleet, which includes Suezmax, Aframax, and MR product tankers. This revelation came to light as part of the company's third-quarter financial results released today. As previously highlighted by Splash, the company is offering its vessels for sale either individually or as a complete package. Ridgebury has engaged American Marine Advisors to assist in assessing the sale of some or all of its vessels, notably excluding the recently acquired VLCCs. In its statement, Ridgebury emphasized that while the exploration of a sale is underway, no final decision has been made regarding the divestment of its fleet. "There can be no assurance that Ridgebury will ultimately opt to sell any vessels," the statement clarified. Among the vessels available for sale are seven Suezmax tankers, six MR product tankers, and two Aframax tankers. In the third quarter, RT Holdings reported a revenue of $43.1 million with an EBITDA of $32.1 million, while Ridgebury Crude generated revenues totaling $27.4 million, achieving an EBITA of $21.2 million.

In a significant maritime transaction, Ridgebury Tankers has successfully acquired a vessel for an impressive sum of $40 million. This deal showcases Ridgebury's ongoing strategy to expand its fleet and strengthen its market position.