The last tanker chartered by US oil major Chevron to lift Venezuelan oil is returning its cargo as data showed a steep drop ...

Clarksons Securities reported VLCC spot rates at $53,900 per day, a rise of 26% in a month, as more Opec+ oil boosts demand.

Japan is once again pushing the boundaries of maritime innovation with the construction of a groundbreaking oil tanker designed to reduce greenhouse gas emissions. Slated for delivery in 2028, the new ...

Okeanis Eco Tankers Corp is a marine shipping stock with one of the youngest fleets in the industry and a reliable, ...

Clearly, the Suezmax tanker has neither the trading flexibility of an Aframax nor the economies of scale of the VLCC, and yet it is subject to compliance with OPA 90 for much of its trade.

At the end of 2024, the company's fleet consists of 81 vessels, including 41 VLCC supertankers, 23 Suezmax class tankers and 18 Aframax/LR2 vessels. The average age of the fleet is about 6-7 years ...