Oil Tankers

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

The delivery of a two-million-barrel cargo of Russian oil to China took seven times longer than it would have done prior to a round of US sanctions imposed on

A state actor has been systematically targeting merchant vessels calling at Russian oil export facilities with naval mines since December 2024, according to a

President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering

Canadian crude tanker exports have skyrocketed by 59% year-to-date, reaching 618 thousand barrels per day (kbpd), up from 388 kbpd during the same period last

 OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing

The premium shipowners are charging to haul Russia’s flagship oil is soaring as farewell sanctions imposed by the outgoing Biden administration continue to

An aging oil tanker sanctioned by the US is being taken apart in an Indian scrapyard, a potential watershed moment for the so-called dark fleet in a rapidly

Owners of oil tankers calling at Russian ports are sending divers and underwater drones to check their ships’ hulls for mines — a precaution following a

Iranian oil sellers risk facing significant hurdles moving their cargoes out of the country as competition for unsanctioned tankers from Russia and Venezuela

Mines attached to the hulls of ships and set off with timers likely caused blasts that have damaged two crude oil tankers in the Mediterranean Sea since

Russian authorities are tightening measures at ports, including employing divers to inspect the underside of vessels, in response to rising threats to

At least four oil tankers have been hit with explosions so far this year — all of them having visited Russia’s territorial waters in the weeks prior to the

Italian prosecutors have opened a terrorism investigation over an explosion last weekend that damaged an oil tanker anchored off the coast of northern Italy,

Three oil tankers have been damaged by blasts in the last month in separate incidents around the Mediterranean, with the causes unknown, shipping and security

India has agreed to boost oil and gas imports from the US in an effort to reduce the trade imbalance between the two countries and avoid retaliatory