Worldscale is a unified system of establishing payment of freight rate for a given oil tanker’s cargo. These VLCCs have the capacity to carry around 2 million barrels of oil. The two carriers ...

The Greek-flagged, Sounion was first attacked on Aug. 21 with small arms, projectiles, and a drone boat by the Iran-backed group.

Shipping stocks received a lift as US President Donald Trump’s plans to squeeze Iran raised the specter of tighter tanker ...

Patches of oil were spotted off the entire south-western coast of Sentosa, from Tanjong Rimau to Tanjong Beach. Read more at ...

A tanker new to the Russian oil trade docked at the Pacific port of Kozmino over the weekend, as merchants seek to rebuild ...

At the end of February, US sanctions will come into force against more than 160 tankers that transported Russian oil. To ...

Oil tanker CHRYSALIS resumes Suez Canal transit after Red Sea incident . Find the latest news from the maritime industry on ...

Russian officials say rescue workers have successfully removed almost 1,500 tons of oil stranded onboard a tanker that ran ...

Tartous, SANA-A tanker carrying domestic gas arrived at the oil terminal of the Syrian Oil Transport Company in Baniyas city ...

Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and insurers, according to the finance chief at Indian refiner Bharat Petroleum ...

A tanker sanctioned by the US this month has discharged Russian oil in China after an unusually long journey in which it ...

KURRAM: Miscreants opened fire on a convoy of oil tankers in Bagan area on Monday to disrupt the supply of diesel and petrol ...