Oil Tankers

A shipowner’s once-in-a-generation wager on oil tankers has made it so powerful that it controls an overwhelming majority of supertankers that can collect

VLCC charter rates have pushed back into six-figure territory, with DHT Holdings (NYSE:DHT) securing a one-year time charter at $105,000 per day for the

Iran’s oil exports slipped modestly in January, but the data points to durability rather than decline. A mature dark fleet ecosystem continues to move crude

The EU proposes unprecedented sanctions targeting ports in Georgia and Indonesia that handle Russian oil, marking the first time the bloc has sanctioned

More than a dozen tankers carrying 10-12 million barrels of Russian Urals crude are circling Asia seeking buyers after India cut imports under US pressure.

Some supertanker operators are speeding up transits through the Strait of Hormuz as U.S.–Iran tensions rise, with VLCCs reaching speeds well above normal

Tsakos Energy Navigation CEO Dr. Nikos Tsakos says geopolitical turmoil and the rapid expansion of shadow tanker trading have created a severe shortage of

International Seaways, Inc. (NYSE: INSW) has acquired sole ownership of Tankers International, one of the world’s leading shipping pools, while

Dubai-run GMS has applied for a U.S. license to buy and scrap ships seized by the U.S. government linked to Venezuelan oil trading, the leading ship recycler's

Two oil tankers seized this month by the U.S. in its campaign against Venezuela were near Puerto Rico on Wednesday, a Reuters witness and Tankertrackers.com

By Lucia Kassai (Bloomberg) — Commodities trader Vitol Group loaded its first oil cargo from Venezuela’s shore-based storage tanks, a move set to help

In a first for Germany and a potential turning point in the battle over so-called “shadow fleet” tankers, German authorities refused the Russian-linked oil

The dark fleet of tankers shipping illicit oil around the world is rushing to seek the perceived protection of the Russian flag after the US started seizing

Drones struck two oil tankers in the Black Sea on Tuesday, including one chartered by U.S. oil major Chevron, the companies involved said, as they sailed

Oslo-listed tanker giant Frontline plc has unveiled a major fleet renewal plan that will see it trade out eight older VLCCs for nine newbuildings in a package

U.S. authorities boarded and seized the oil tanker Olina in Caribbean waters on Friday, marking the fifth such interception in recent weeks as Washington

A Russia-bound oil tanker suffered a drone attack in the Black Sea that prompted it to request Turkish coastguard assistance and divert from its course,

Falling tanker rates are improving the export outlook for US crude, and prices for light sweet barrels, in particular, are getting a

The United States is attempting to seize a Venezuela-linked oil tanker after a more than two-week-long pursuit across the Atlantic, two U.S. officials told

The oil tanker formerly known as Bella 1, now sailing as the Marinera under a Russian flag, has pushed into the North Atlantic and above 60° N, a latitude