The U.S. is imposing fees on China-built and China-owned vessels calling at U.S. ports, potentially costing a large ...

The European Union’s executive arm is set to propose a new package of sanctions targeting Moscow’s covert fleet of oil ...

Global investigative reporters Grace Ekpu, in Lagos, Nigeria, and Helen Weffering, in Washington, reported for a year on the 2022 fire of the Trinity Spirit, an aging oil tanker that exploded while ...

NAIROBI, Kenya (CNN)-- Pirates who hijacked a crude oil tanker off the coast of Kenya are approaching a Somali port, the U.S. Navy says. The Sirius Star -- a crude "super tanker" flagged in ...

These tankers are positioned in a well-known oil-transfer hub east of Malaysia, where ships usually move oil between each other before sending it off to buyers. This location has become even more ...

known as "zombie tankers," to bypass US sanctions on Venezuelan oil. These tactics are used by dark fleet operators to move oil from Venezuela to Asia, particularly China, despite warnings of ...

A scientist at the University of California, Los Angeles is developing technology that could increase the speed and efficiency of large cargo ships and oil tankers. Chang-Jin Kim is a professor of ...

The Trump administration is reportedly considering a strategy to disrupt Iran’s oil exports by stopping and inspecting ...

Tankers are lining up near an old oil port at Venezuela's Western region to load crude cargoes and depart from the South ...

In the last 12 months, the only revenue segment was Suezmax Crude Oil Tankers contributing US$349.7m. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$56 ...

Three more Russian insurers, including a subsidiary of top lender Sberbank, have asked India for approval to provide marine ...

The price of oil surged on Thursday after a suspected torpedo attack on two tankers in the Gulf of Oman. West Texas Intermediate crude jumped 3%, while Brent crude jumped 3.8%. Oil was previously ...