Worldscale is a unified system of establishing payment of freight rate for a given oil tanker’s cargo. These VLCCs have the capacity to carry around 2 million barrels of oil. The two carriers ...

The Greek-flagged, Sounion was first attacked on Aug. 21 with small arms, projectiles, and a drone boat by the Iran-backed group.

Shipping stocks received a lift as US President Donald Trump’s plans to squeeze Iran raised the specter of tighter tanker ...

A tanker new to the Russian oil trade docked at the Pacific port of Kozmino over the weekend, as merchants seek to rebuild ...

At the end of February, US sanctions will come into force against more than 160 tankers that transported Russian oil. To ...

Oil tanker CHRYSALIS resumes Suez Canal transit after Red Sea incident . Find the latest news from the maritime industry on ...

Iranian cargo ships allegedly carrying chemicals to make missile propellent are setting sail from China to deliver the ...

Russian officials say rescue workers have successfully removed almost 1,500 tons of oil stranded onboard a tanker that ran ...

Tartous, SANA-A tanker carrying domestic gas arrived at the oil terminal of the Syrian Oil Transport Company in Baniyas city and began unloading its cargo today. It is the second tanker to arrive ...

Nigerian officials say at least 18 people have died and 10 others were injured in the country's south after a gasoline tanker exploded ...

A tanker sanctioned by the US this month has discharged Russian oil in China after an unusually long journey in which it ...

Nigerian officials say at least 18 people have died and 10 others were injured in the country’s south after a gasoline tanker exploded ...