News

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 ...
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 ...
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 ...
A fleet of “zombie” tankers including VLCCs and a suezmax are adopting the identities of long-demolished ships in a bid to ...
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 ...
A leaking oil tanker has caught fire and exploded in southwestern Pakistan, killing two people and injuring 56 others QUETTA, Pakistan -- A leaking oil tanker caught fire and exploded along a ...
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 ...
Tankers are lining up near an old oil port at Venezuela's Western region to load crude cargoes and depart from the South ...
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 ...