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For a sign of just how extraordinary oil shipping costs have become, consider this: It’s now more expensive to hire a tanker from the US to China than to

By Salma El Wardany Oct 4, 2026 (Bloomberg) –Iraq’s state tanker company arranged a very large crude carrier to transport 2 million barrels beyond

For most of shipping history, the valuation equation has been straightforward. A ship leaves the yard, begins ageing and progressively loses value. New steel

A supercharged rally in tanker earnings is attracting new investors to the global shipping industry, as the war in Iran points to how geopolitical crises can

Commodity trading giant Trafigura is launching a new tanker company with plans to raise about $500 million and list the business in Oslo, opening its growing

By Yongchang Chin, Sherry Su, Nathan Risser and Alex Longley Sep 19, 2026 (Bloomberg) –The soaring cost of moving oil around the world is making

The US is investigating potential cyberattacks on oil and gas tankers, as concerns grow around the threat to maritime safety posed by hackers interfering with

Global tanker freight rates are surging to record levels with little respite in sight, a sign of the growing strain in oil markets as traders, shipowners,

Two supertankers carrying Saudi oil were struck by unknown projectiles within minutes of each other while transiting outbound through the Strait of Hormuz late

Earnings for ships on the world’s benchmark oil tanker route approached $650,000 a day as the Iran war and a bold bet by a South Korean tycoon continue to

Venezuela's dilapidated oil port terminals are imposing a de facto export cap on the country's resurgent crude production, with tankers having to wait up to 30

The biggest oil producer in the United Arab Emirates spent $1.3 billion to expand its tanker fleet to benefit from surging crude exports after the country left

By Florence Tan SINGAPORE, Aug 3 (Reuters) – Two tankers laden with Saudi oil crossed the Bab el-Mandeb strait over the weekend, while traffic in the

New energy data shows the crude cushion that has been built up will be shrinking in the next 2-3 months unless geopolitics improve. In a webinar, Vortexa

Six Saudi oil tankers are sailing away from the Bab el-Mandeb chokepoint and appeared to be embarking on an unusual trip around Africa as threats from Houthi

An Asia-bound supertanker carrying Saudi oil has exited the Red Sea via the longer Suez Canal route while other vessels continue to risk the Bab el-Mandeb

By Weilun Soon Jul 25, 2026 (Bloomberg) –A Hong Kong-flagged supertanker bound for Saudi Arabia’s Red Sea port of Yanbu has U-turned just before

The number of tankers crossing the Strait of Hormuz fell to just one on Thursday, the lowest level since May 7, according to shiptracking data, amid ongoing

An oil tanker appears to have halted in the Strait of Hormuz off Oman after the Iranian Navy again targeted vessels in the waterway, raising concerns about

By Alaric Nightingale and Julian Lee (Bloomberg) — The recent spate in attacks on commercial shipping during the Iran war has increasingly involved