vlcc

Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions

Tankers that used to haul oil from Russia’s western ports are being redeployed to the nation’s east to service a key crude route to China that’s been

The amount of oil stranded off the Chinese coast is growing as traders, refiners and shipping companies try to avoid being caught up in the

China Merchants Energy Shipping (CMES), a subsidiary of China Merchants Heavy Industry (CMHI), has placed an order for the first dual-fuel methanol engine in

By Nidhi Verma and Chen Aizhu NEW DELHI/SINGAPORE, Jan 13 (Reuters) – At least four Chinese-owned supertankers are shipping Russian

Two crew members on board a Euronav-owned Very Large Crude Carrier (VLCC) have died after apparently being struck by a large wave as the ship rounded Cape Horn

Shell will charter ten new Very Large Crude Carriers powered by liquefied natural gas as the energy giant seeks to reduce carbon emissions from its crude oil

By Alex Longley (Bloomberg) — Times are getting tougher by the day for oil tanker owners. With too many vessels to haul fuel, losses for supertankers on

By Alex Longley (Bloomberg) –Just six months ago, oil supertankers experienced a windfall as the pandemic slashed demand for crude and traders raced to

A VLCC carrying 2 million barrels of oil has caught fire off the east coast of Sri Lanka with one crew member reported missing. The Panama-flagged New Diamond

The South African Maritime Safety Authority (SAMSA) is responding to a VLCC in distress off the port of St. Johns. The Chinese-flagged tanker, MT Yua Hua Hu,

By Roslan Khasawneh SINGAPORE, April 24 (Reuters) – Supertanker freight rates eased this week as surging demand for floating storage cooled and crude oil

HOUSTON, Dec 9 (Reuters) – Enterprise Products Partners LP and Enbridge Inc have agreed to jointly develop a U.S. Gulf Coast crude export terminal that

By Florence Tan and Chen Aizhu SINGAPORE, Sept 27 (Reuters) – Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday

By Devika Krishna Kumar NEW YORK, Aug 8 (Reuters) – Energy Transfer LP said on Thursday it was in discussions with potential shippers to build an export