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.

President Donald Trump’s recent decision to reinstate a goal from his first presidency to bring Iran’s oil exports to zero has had little impact on crude prices so far.

Chief executive Herbjorn Hansson said in a letter to shareholders: “A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three.” The first step ...

In a letter to shareholders, CEO Herbjorn Hansson said, “A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ...

Russia's fleet of supply vessels now makes up just shy of a fifth of global oil tankers operating across the world.

The president of Panama announced on Sunday his country will quit a global supply chain coalition led by Beijing, after US ...

A recent fire onboard a Russian spy ship off the coast of Syria has raised serious concerns about the state of Russia’s navy ...

CRUDE oil bunkerers have revealed that some Nigerian military personnel who are supposed to stop oil bunkering organize and consolidate their business in the creek for huge sums of money.

Through Captain Arunas’ binoculars, visibility is close to zero: "One kilometer, no more." The thick fog hanging over the ...