Oil Tankers

A fire broke out on board a VLCC tanker near the Strait of Hormuz on Tuesday, although reports indicate that the fire started during maintenance work and no

By Marianna Parraga and Neil Marks Jan 20 (Reuters) – A vessel carrying Guyana’s first-ever shipment of crude set sail on Monday bound for the U.S.

By Serene Cheong, Sharon Cho and Ann Koh (Bloomberg) –Owners of oil tankers are boosting their rates to haul crude on a key route from the Middle East as

HOUSTON, Jan 6 (Reuters) – A flotilla of oil tankers is sailing empty from Europe and the Mediterranean toward the U.S. Gulf Coast to take advantage of

By Bloomberg News (Bloomberg) — The fate of at least 15 oil tankers idling off the coast of China holds the key to determining the path of global

By Julia Payne and Roslan Khasawneh LONDON/SINGAPORE, Dec 5 (Reuters) – Disruption to shipping from the long-anticipated switch to more environmentally

by Terje Solsvik (Reuters) – Crude oil tanker firm Frontline declared its first dividend in more than two years on Wednesday and said it plans to

By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –A surge in the cost of hiring oil tankers last month may already seem like a distant memory, but

By Jonathan Saul LONDON, Nov 6 (Reuters) – The United States will target shipping companies that are in breach of sanctions and aggressively enforce

By Noah Browning LONDON, Oct 29 (Reuters) – U.S. sanctions on a top Chinese shipping fleet is set to produce a totally unintended result — less

By Firat Kayakiran and Olivia Konotey-Ahulu (Bloomberg) –China’s demand for crude oil shows no signs of abating. There are currently more supertankers

By Roslan Khasawneh SINGAPORE, Oct 18 (Reuters) – Tankers that had been scheduled to install emissions-cutting equipment ahead of stricter pollution

By Sheela Tobben (Bloomberg) –Soaring oil-tanker costs are drying up activity in the U.S. export market as sellers are slow to lower offers and buyers

SINGAPORE, Oct 16 (Reuters) – A supertanker owned by COSCO Shipping Tankers (Dalian) has received a temporary waiver from U.S. sanctions that has allowed

By Collin Eaton, Devika Krishna Kumar and Julia Payne HOUSTON/NEW YORK/LONDON, Oct 15 (Reuters) – Freight rates to ship U.S. crude to Asia eased on

By Serene Cheong and Sharon Cho (Bloomberg) –Oil refiners hoping for some fourth-quarter gravy are facing disappointment as surging freight rates inflate

By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels

By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels

By Brian Wingfield and Firat Kayakiran (Bloomberg) –Supertankers hauling oil on some of the world’s longest trade trade routes had already been

DUBAI, Oct 12 (Reuters) – Leakage of cargo from an Iranian-owned oil tanker apparently hit by missiles in Red Sea waters off Saudi Arabia has been