Oil Tankers

A Russian oil tanker carrying thousands of tonnes of oil products split apart during a heavy storm on Sunday, spilling oil into the Kerch Strait, while another

Russian Oil major Rosneft has delayed the commissioning of the Vostok Oil project until 2026, in part due to a shortage of ice-capable oil tankers as a result

The United States is continuing to look for creative ways to reduce Russia's oil revenue and lower global demand for oil creates an opportunity for more

A tanker hauling Russian crude from the Baltic Sea to India that was observed heading toward the Shetland Islands — a route that would have taken it on a

DUBAI, Dec 6 (Reuters) – Saudi Energy Minister Prince Abdulaziz bin Salman said on Friday the OPEC+ decision to push back

Captain Avhilash Rawat had just finished dinner when an anti-ship ballistic missile smashed into his oil

The U.S. Navy is increasingly relying on consolidated cargo operations (CONSOL) with commercial tankers to support its global fleet, marking a strategic shift

Frontline plc posted a profit of $60.5 million in the third quarter of 2024 despite challenging market conditions. The tanker shipping giant reported revenues

U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs on Canada and Mexico, sources told Reuters on

In a thought-provoking LinkedIn post, Sam Norton, CEO of Overseas Shipholding Group, has outlined a compelling proposal to bolster the U.S. maritime industry,

After a dark-fleet ship exploded off the coast of Malaysia in May last year, its scorched wreck was sent to an Indonesian scrapyard. Then, last month, its

A 37-year-old Turkish national has been apprehended in Miami on charges of conspiring to violate U.S. sanctions on Venezuela and the Maduro regime. The arrest

By Arathy Somasekhar HOUSTON, Nov 4 (Reuters) – The difference in prices for U.S. shale oil in West Texas and at Houston has

By Barry Parker (gCaptain) – In recent months, the froth has come off the prices of tanker shares. In the highly cyclical world of shipping stocks, when

By Alex Longley, Patrick Sykes and Alberto Nardelli (Bloomberg) — One of the energy market’s open questions since Russia’s invasion of Ukraine has

By Barry Parkger (gCaptain) – The tanker market session at Capital Link’s Maritime Forum in New York drew a standing-room-only crowd. Although

Guyana has taken a significant step in expanding its offshore oil and gas production, with energy giants TotalEnergies, Qatar Energy, Petronas, Cybele Energy,

The flow of crude oil and oil products through the strategic Bab el-Mandeb Strait has plummeted by over 50% in the first eight months of 2024, according to the

With tensions in the Middle East ratcheting upward again, the tanker market is taking notice. In a weekly market opinion piece titled “Tankers in

By Julian Lee (Bloomberg) — Iran is still exporting crude oil from its main Kharg Island terminal even after a flotilla of oil tankers fled nearby