VLCC fleet growth went into reverse last year as crude tanker deliveries hit a 36-year low. Shipowners’ organisation Bimco ...

The order is the latest of several newbuilding deals involving state-owned oil and gas ... Maran Tankers Management and Tsakos Group of Greece, MISC’s shipping arm AET and JP Morgan are among ...

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...

Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the ...

In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight ...

He urged the public to exercise extreme caution when encountering petrol-laden tankers in emergencies. The minister said, "While we continue to implement safety measures across the petroleum ...

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...

[Stay on top of transportation news: Get TTNews in your inbox.] Oil tanker rates jumped Jan. 13 as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply ...

An oil tanker sanctioned in Washington’s harshest round of curbs against Russia’s energy industry has become the first such ...

A view of the unmaneuverable oil tanker "Eventin" off the coast of the island of Ruegen. The oil tanker, which flies the flag of Panama, drifted for several hours in the Baltic Sea off the coast ...

The tanker — with around 99,000 tons of oil and said to be part of Russia's shadow fleet of vessels used to skirt Western sanctions — is to remain in place until a decision is reached on how ...

According to multiple community sources who spoke to SaharaReporters, the incident occurred on Tuesday morning, just three days after the deadly tanker explosion on Dikko-Maje Road, near Badeggi ...