VLCC rates have doubled since the start of 2025 and DHT Holdings chief executive Svein Moxnes Harfjeld is having a tough time ...

The U.S. Treasury said on Thursday it is imposing sanctions on individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China.

G2 Ocean implements Seaber to optimize fleet planning. Find the latest news from the maritime industry on the PortNews website.

President Trump has launched a second round of sanctions on Iran with the goal of cutting the country’s oil exports to zero, particularly to China, its biggest customer. This “maximum pressure” ...

Enforcement of the U.S. sanctions on Iran will come down to how much the Trump administration is willing to pressure Iran's oil buyers, said StoneX's Hodes. Oil prices may rise if there are some ...

China Development Bank Financial Leasing (CDB Leasing), has made its offshore debut with a landmark order for eight offshore ...

TradeWinds has learned that Hengli Group vice president Chen Hanlun, the son of the group’s chairman and president Chen ...