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 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” ...

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

Abu Dhabi-listed Al Seer Marine has revealed that two more of its recently delivered chemical/product tanker newbuildings have been placed on five-year time-charters to the Middle East arm of Indian ...

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.

As 2025 began, Ukraine significantly ramped up its strikes on Russian oil refineries. This comes at a particularly ...

Denmark increases scrutiny of tankers at Skagen Anchorage. Find the latest news from the maritime industry on the PortNews website.

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

Refinery catalysts are in high demand for improving petroleum refining processes, enhancing fuel production, and increasing ...

Cape Andiamo and Cape Avanti enter Navig8's Eco MR pool. Find the latest news from the maritime industry on the PortNews website.