Frontline Rolls Out $2 Billion Fleet Overhaul With Strategic Vessel Swap
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
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
The oil tanker Hyperion has reflagged to the Russian registry in what analysts say is a calculated move to shield the vessel from potential U.S. seizure,
Venezuelan oil exports — measure by ship loadings — fell to a 17-month low in December amid a US naval blockade designed to bring the illicit oil trade to
About a dozen tankers loaded with Venezuelan crude oil and fuel have left the country's waters in dark mode since the start of the year, according to documents
More than a dozen tankers have loaded oil off Venezuela’s coast since the Trump administration intensified efforts to curb Caracas’ crude revenue by
A sanctioned oil tanker has for the first time established a direct geographic link between Russia’s Arctic “shadow fleet” and oil product exports to
China's foreign ministry on Monday said the United States' seizure of another country's ships was a serious violation of international law, after the U.S.
The US Coast Guard stopped and boarded an oil tanker in the Caribbean early Saturday that was last docked in Venezuela, Homeland Security Secretary Kristi Noem
By By Ron Bousso LONDON, Dec 19 (Reuters) – Oil prices slumped below $60 a barrel this week as investors try to make sense
U.S. Senator Ron Wyden has contacted seven maritime shipping companies as part of an inquiry into cartel-linked fuel smuggling between the United States and
Ukraine struck a Russian "shadow fleet" oil tanker in the Mediterranean Sea with aerial drones for the first time, an official said on Friday, reflecting the
Venezuela on Thursday authorized two very large crude carriers (VLCC) to set sail for China, according to two sources familiar with Venezuela's oil
Venezuela may soon have to start closing some oil wells as it runs low on storage capacity following last week’s tanker seizure and US plans to block other
Venezuela faces a fresh financial shock after the US seized a sanctioned oil tanker off its coast, a move that could choke off one of the few remaining
A U.S. move this week to seize an oil tanker out of Venezuela is poised to make a bad situation worse for a crisis-stricken Cuba already struggling to
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