There’s an industry most investors tend to overlook: tankers. And one particular tanker manufacturer is currently offering ...
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.
Aframax and suezmax demand is likely to pivot more towards Turkey as Kazakhstan changes its crude export routing. Shipbroker ...
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 ...
Tanker stocks rose in New York and Oslo after Donald Trump said the US would put “maximum pressure” on Iran to curb oil exports. Frontline jumped 7.5% in New York to $18.87 per share. Shares traded ...
SINGAPORE (Reuters) -A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China, shipping data on LSEG Eikon showed on Thursday.
India has announced that it will abide by the sanctions and turn away sanctioned tankers. Previously, we reported that the sanctions would severely disrupt Russian oil exports to India and China ...
Oil shipping rates continued their rally Wednesday on expectations of a tightening in global tanker supply from the latest U.S. sanctions on Russia's fleet and traders' demand for ships to load ...
Finnish President Alexander Stubb said on Tuesday that his country had stopped the crew of a Russia-linked oil tanker just minutes before it caused catastrophic damage to undersea cables in the ...
Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on Russia’s fleet and traders’ demand for ships to load Middle East oil for ...
HELSINKI (Reuters) -Crew on board an oil tanker accused of sabotaging undersea power and communications cables in the Baltic Sea were poised to cut other cables and pipelines when Finnish authorities ...
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