tankers

For more than a century, commercial shipping steadily moved away from sails. Now they are coming back. Across the global fleet, shipowners are installing

Oil prices rose by over $3 on Tuesday after shipping industry sources said oil loadings at Saudi Arabia's Red Sea port of Yanbu had been suspended, and Libya

The cost of hiring an oil tanker on the industry’s benchmark trade route topped $1 million a day for the first time, as the Iran war leaves too few ships

The head of Japanese shipping company Mitsui OSK Lines Ltd. expects disruption in the Strait of Hormuz to last longer than previously assumed, with recent

Aug 22 (Reuters) – Iran has granted permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz following repeated requests from

The world’s shipowners have placed orders for a record number of new oil supertankers, surpassing a boom back in 2008 that ultimately led to a glut and a

Scorpio Tankers is moving to reshape its product tanker fleet, announcing agreements to sell four LR2 tankers while lining up two new MR newbuildings and

U.S. Treasury Secretary Scott Bessent announced Monday that the Treasury Department is issuing a temporary 30-day general license allowing “the

Danish shipping giant D/S NORDEN says the ongoing Persian Gulf conflict and disruption to the Strait of Hormuz are having sharply different effects across

Venezuela's oil exports rose 14% to 1.23 million barrels per day in April, the highest in more than seven years, fueled by more sales to the United States,

Donald Trump discussed how to mitigate the impact of a possible months-long U.S. blockade of Iran's ports with oil companies, a White House official said on

The United Arab Emirates said on Tuesday it was quitting OPEC, dealing a heavy blow to the oil producers' group as an unprecedented energy crisis triggered

The United States continues to export record amounts of oil. Demand for U.S. black gold shows no signs of lessening. The long line of tankers dotting the ocean

By Selcan Hacaoglu Apr 19, 2026 (Bloomberg) –International Energy Agency Executive Director Fatih Birol proposed building a new oil pipeline linking

Don’t be fooled by the latest declaration that the Strait of Hormuz is “open.” Many things still need to be put in place for that to truly happen. There

Talks to end the Iran war could resume in Pakistan over the next two days, U.S. President Donald Trump said on Tuesday, after the collapse of weekend

The global shipping order book has climbed to its highest level in nearly two decades, as a wave of tanker contracting and sustained newbuilding demand across

At least 40% of Russia's oil export capacity is at a halt following Ukrainian drone attacks, a disputed attack on a major pipeline and the seizure of tankers,

A tanker carrying fuel originally bound for Cuba on Friday changed its destination to Trinidad and Tobago, according to LSEG ship-tracking data, a blow for

Surging oil prices in physical markets - the trading place for oil on ships, rail cars or in storage tanks - have outpaced the already dizzying increases in