Oil Tankers

The largest Ultra Large Crude Carrier (ULCC) ever to visit Singapore, the Chevron South America, sits in Jurong Shipyard in Singapore in this July 23, 1996

The Maritime and Port Authority of Singapore (MPA) has expressed “deep concern” with the alleged shooting incident involving the Singapore-flagged

Danish product tanker owner TORM has posted its first quarterly net profit in five years helped by lower oil prices and higher refinery margins. In the first

Asian jet fuel shipments to the United States West Coast region could pick up this month as a prolonged cut in throughput at a California refinery is drawing

With Middle East giants Saudi Arabia and Iran squaring up on opposing sides in the Yemen war, the dangers to vital oil tanker and goods voyages are growing

Saudi Arabia is spending generously now on Asian refiners to lock in its position as the region’s biggest supplier of oil for decades to

A loss of power supply since May 5 has hurt production of liquefied natural gas (LNG) at Australia's North West Shelf export plant, a spokesperson for operator

The U.S. will become one of the world’s largest oil exporters if domestic production continues to surge and policy makers lift a four-decade ban that keeps

Overseas Shipholding Group, one of the world’s largest tanker operators, is planning a return to the New York Stock Exchange less than a year after

Oman Tank Terminal Company (OTTCO) plans to start operating a floating storage unit later this year to ease trade of crude oil futures on the Dubai Mercantile

One million barrels of oil. Enough to fill more than 60 Olympic-sized swimming pools. And there it sat in tanks outside San Francisco -- for three years --

Rates for very large crude carriers (VLCCs) on key Asian routes are likely to hold steady or climb next week if charterers release their May fixture programme

Christian Waldegrave, Teekay’s Manager of Research believes the tanker market, at least in the short term, looks to stay strong due to low oil prices and

BW LPG Limited announced today new shipbuilding contracts have been signed with Daewoo Shipbuilding and Marine Engineering (DSME) for four Very Large Gas

Rates for very large crude carriers (VLCCs) on key Asian routes face an uncertain week as owners seek to push for higher rates, while charterers could cap

Bahri, the maritime shipping arm of Saudi Aramco reports today net profits from their operations have increased by 104 percent from the corresponding quarter

National Shipping Company of Saudi Arabia (Bahri) has agreed with South Korea's S-Oil Corp to ship crude oil cargoes from the third quarter of this

Two years after resigning from his role as President and CEO of Overseas Shipholding Group, Morten Arntzen is back in the spotlight with his recent appointment

Approximately 420 gallons of crude oil spilled into the lower Mississippi River near Convent, Louisiana yesterday after the 751-foot bulk carrier Privocean

A fire at a fuel storage facility near Brazil's largest port Santos entered its fourth day on Sunday as 110 firefighters worked to stop the flames from