A Finnish court ordered the seizure of an oil tanker suspected of damaging key telecommunications and power cables in the ...

The International Longshoremen's Association and the United States Maritime Alliance (USMX ... breaking navigation safety rules by using old tankers and keeping two vessels at sea during a ...

"I believe they are accelerating," Philip Breedlove, a retired US Air ... the Eagle S tanker and prohibited the crew from leaving its territory. The vessel, flying the Cook Islands flag, is ...

A chunk of Russia’s oil tanker fleet is being forced to change the flag they sail under as US and UK sanctions heap pressure ...

Part of Russia's oil tanker fleet has been forced to change the flag under which they fly, as US and UK sanctions exert pressure on Moscow's shipping network. Details: The Barbados Ship Registry ...

A Finnish court has ordered the seizure of a shadow fleet tanker accused of damaging undersea power cables on Christmas Day.

Analysts use this formula to calculate it for Nordic American Tankers: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.13 = US$93m ÷ ...

Aframax oil tankers that serviced crude oil exports from Russia’s western ports are now being redirected to the Russian Far East-China route to service the exports of Russia’s ESPO crude ...

India has said that it will allow sanctioned tankers booked before Jan. 10, when the US announced its latest measures, to discharge at its ports until March 12, the end of a US-imposed wind-down ...

NAT has declared the purchase option for a 2018-built Suezmax tanker on favorable terms from a close financing partner. Furthermore, we have also sold a 2003-built vessel to a UK based owner. This ...