News

OPEC+'s oil production boost impacts tanker rates and Teekay Tankers (TNK) is poised for growth with potential dividends for ...
A fleet of “zombie” tankers including VLCCs and a suezmax are adopting the identities of long-demolished ships in a bid to ...
The European Union’s executive arm is set to propose a new package of sanctions targeting Moscow’s covert fleet of oil ...
The crude oil tanker New Odyssey arrives at the port in Qingdao, China on April 15, 2025. AFP via Getty Images This fee rises dramatically to around $5.2 million for vessels directly owned or ...
NAIROBI, Kenya (CNN)-- Pirates who hijacked a crude oil tanker off the coast of Kenya are approaching a Somali port, the U.S. Navy says. The Sirius Star -- a crude "super tanker" flagged in ...
The UK will sanction as many as 100 oil tankers that it says are part of a shadow fleet of vessels helping Russia to move its ...
In the last 12 months, the only revenue segment was Suezmax Crude Oil Tankers contributing US$349.7m. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$56 ...
Some tankers Chevron had chartered to move crude from Venezuela to the U.S. this month are now being marketed for spot ...
A scientist at the University of California, Los Angeles is developing technology that could increase the speed and efficiency of large cargo ships and oil tankers. Chang-Jin Kim is a professor of ...
Global investigative reporters Grace Ekpu, in Lagos, Nigeria, and Helen Weffering, in Washington, reported for a year on the 2022 fire of the Trinity Spirit, an aging oil tanker that exploded while ...