tankers

By Jonathan Saul and Laura Sanicola (Reuters) – U.S. refiners are scaling back on hiring ships for longer periods to save on costs in another sign of

BEIJING, March 16 (Reuters) – China foiled criminals seeking to smuggle nearly 1 million tonnes of refined oil worth 5 billion yuan ($770 million), with

By Alex Longley (Bloomberg) — Times are getting tougher by the day for oil tanker owners. With too many vessels to haul fuel, losses for supertankers on

By Jessica Jaganathan (Reuters) – About one-third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family

By Deisy Buitrago and Marianna Parraga CARACAS/MEXICO CITY, Feb 23 (Reuters) – Venezuela is shipping jet fuel to Iran in return for vital

by Charles Regnier (Reuters) – Belgium’s Euronav expects pressure on freight rates to continue until late 2021, the tanker operator said as it

By Yew Lun Tian and Fathin Ungku BEIJING (Reuters) – China said on Wednesday it was seeking details about 25 of its nationals who were among 61 crew on

By Jonathan Saul LONDON, Jan 28 (Reuters) – A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi

By Alex Longley and Alaric Nightingale (Bloomberg) — Covid-19 is destroying the market for supertankers that deliver about a fifth of the world’s

By Alex Longley (Bloomberg) — Saudi Arabia’s oil production cuts have hit the tanker market so hard that owners of the biggest vessels are effectively

By Brian Ellsworth and Marianna Parraga CARACAS/MEXICO CITY, Jan 19 (Reuters) – The United States on Tuesday sanctioned a network of oil trading firms,

By Andres Guerra Luz (Bloomberg) — Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in

By Sheela Tobben and Dave Merrill (Bloomberg) — Five years ago on New Year’s Eve, the Theo T left the Texas Gulf Coast with the first U.S. shale

What a year! With 2020 coming to a close, we’re taking a look back at the maritime stories that continued to make headlines all year long. IMO 2020 The

Maersk Product Tankers has announced an agreement for the sale of 14 product tankers, a portion of which will be bareboat chartered back to the company. The

By Fabiola Zerpa, Ben Bartenstein and Peter Millard (Bloomberg) — Iran is sending its biggest fleet yet of tankers to Venezuela in defiance of U.S.

By Serene Cheong and Sheela Tobben (Bloomberg) — An armada of around 20 tankers laden with U.S. oil will be heading to Asia this month as the region

The ship’s manager confirms the Maltese-flagged MT Agrari was hit by an unknown source about one meter above the waterline, causing a breach. The vessel is

By Devika Krishna Kumar, Olga Yagova and Noah Browning NEW YORK/MOSCOW/LONDON, Nov 19 (Reuters) – China, the global oil market’s lifeline this

By Sharon Cho, Elizabeth Low and Ann Koh (Bloomberg) –China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel