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.
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Denmark tightens grip on aging tankers carrying Russian oilDenmark introduces stricter regulations for tankers carrying oil from Russia. The changes aim to enhance environmental safety ...
Shipowner Crowley has completed the reflagging of its newly purchased 31-year-old steam turbine LNG carrier with the vessel ...
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 ...
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Western tankers propel Russia's shadow oil tradeIt represents more than a third of the roughly 600 ships in this fleet, which accounts for 70% of Russia's oil exports.
Russia is using non-sanctioned vessels and rerouting others to keep oil exports going, maritime data shows, but risks sanctions on even more ships.
As climate change brings more boats to the Arctic, the U.S.'s need for boats that can cut through the ice has also increased.
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