Arrival of Southern Respect sees Singapore-based operator boost number of tankers under its control to 11 vessels ...

US sanctions on Russian oil exports are prompting Russia to redirect Aframax tankers from western ports to the Far East to ...

“First oil at the Future Growth Project is the latest in a series of development milestones, including in the Gulf of Mexico ...

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

Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...

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

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 ...

A Russian oil tanker known as Unity has lost power and gone adrift in the NATO Lake while on its journey to Mangalore, India.

Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased.

With this latest addition, Advantage Tankers’ orderbook now comprises eight vessels, including five Suezmaxes, two LR1 ...

Freight rates for transporting oil from Russia's Kozmino port to China have more than tripled since the US imposed sanctions on tankers using this route. The majority of vessels typically used for ...

“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 tonnes (DWT), joined the fleet. Compared to 2023, the capacity delivered ...