Oil Tankers

U.S. President Donald Trump signed an Executive Order today imposing a 25% tariff on imports from India, citing the country’s continued purchase of

Iraq will raise shipments of a key crude grade next month, part of an enlarged export program indicating that the OPEC+ nation is boosting its oil

ATHENS, July 6 (Reuters) – An external explosive device most likely caused the blast that damaged Greek oil tanker Vilamoura as it was sailing off the

The Indian Navy stealth frigate INS Tabar has responded to a distress call from the Pulau-flagged tanker MT Yi Cheng 6 in the Gulf of Oman on Sunday after

A limpet mine may have caused a blast that damaged a Greek tanker sailing off Libya's coast last week, the fifth such incident to hit commercial shipping in

A tanker hauling 1 million barrels of oil suffered an explosion while near Libya, its manager said Monday. The Vilamoura is being towed to Greece, where

Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions

While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of

Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz, where electronic interference has surged during conflict between Iran and

Israel’s overnight airstrikes on Iran drove up freight rates and tanker stocks Friday as traders and investors priced in the prospect of disruption to a

Israel launched extensive pre-emptive airstrikes against Iran early Friday morning in a major escalation of regional tensions, targeting Tehran’s

Several of the world’s largest ocean-tanker operators said they remained calm but cautious after risk warnings from naval forces for vessels operating in and

OPEC countries have recorded their highest weekly crude tanker loadings since April 2023, with a significant 24% week-on-week increase to 2.281 million barrels

Frontline plc reported a profit of $33.3 million for the first quarter of 2025, with revenues reaching $427.9 million. The tanker company continues to

A hijack signal sent from a Panama-flagged petroleum products tanker off Iran was a false alarm, British maritime security firm Ambrey said on

India plans to spend 850 billion rupees ($10 billion) to purchase 112 crude carriers through 2040, people familiar with the matter said, as the world’s

Greek shipowners are returning to Russia's Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide

The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for

The Estonian navy detained and boarded a Russia-bound oil tanker on an EU sanctions list on Friday, accusing it of sailing illegally without a valid

VLCC specialist Tankers International is projecting effective vessel supply growth of only 1% in the next three years due to the declining usable capacity of a