Ceres I was already notorious. Since June 2023, Lloyd’s List had linked the vessel to the “shadow fleet”. These are vessels ...

The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the extent to which the move has upended the global shipping market. The ...

Freight rates for Very Large Crude Carriers have surged after the Biden administration expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from ...

The Los Angeles fires first started on January 7, 2025, as a result of strong winds. According to NBC, the first area to be ...

Aerial firefighting has become an essential part of wildfire suppression strategies, offering the speed, precision, and ...

This is equivalent to a 15% rise, bringing the cost to charter a supertanker on that route to $4.1 million, said the second shipbroker. Supertanker rates on other routes have seen similar increase ...

I will celebrate another notch on the bedpost of life, as I reach the mundanely old age of 56-years-old (yes, I did have a hard paper round). I will slide like a newly launched supertanker down the ...

Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia continued to propel supertanker rates higher. Almost 30,000 crude ...

bringing the cost to charter a supertanker on that route to $4.1M. Shipping crude from the U.S. Gulf of Mexico to China now costs ~$8.7M per voyage, up nearly $1.9M from Tuesday, the report also said.

SINGAPORE, Jan 14 (Reuters) - Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other ...

The new U.S. sanctions mean an estimated 35% of 669 shadow fleet tankers involved in shipping Russian, Venezuelan and Iranian oil have been hit with sanctions by either the U.S., the U.K. or ...

The latest U.S. action means an estimated 35% of some 669 shadow fleet tankers involved in shipping Russian, Venezuelan and Iranian oil have been hit with sanctions by either the U.S., Britain or ...