Older VLCCs are still being linked to secondhand sales at firm prices as buyers stay optimistic on the freight market outlook ...

A Greek VLCC has left Scotland after six years of operating as an oil storage vessel. The 299,000-dwt Australis (built 2003), ...

Onassis Foundation-controlled Olympic Shipping head reflected on latest geopolitical developments shaping the tanker market ...

MUSCAT: Newly-listed national shipping company Asyad Shipping recorded a net profit of RO 51.6 million for the year ended December 31, 2024, ...

Clearly, the Suezmax tanker has neither the trading flexibility of an Aframax nor the economies of scale of the VLCC, and yet it is subject to compliance with OPA 90 for much of its trade.

Oil Market Report’ is a monthly publication of the OPEC Secretariat focusing on short-term developments in the global oil ...

The ship's captain arrested in connection with a crash into a US flagged tanker off the coast of England is a Russian national, the German company which owns the vessel said on Wednesday. The ...

British police on Tuesday arrested the captain of a cargo ship on suspicion of manslaughter as they searched for answers about why it hit a tanker transporting jet fuel for the U.S. military off ...

Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

The captain of the Solong cargo ship who was arrested after crashing into a US-flagged tanker off the English coast is a Russian national, the vessel’s owner said Wednesday, as maritime experts ...

LONDON − The ship's captain arrested in connection with a crash into a U.S.-flagged tanker off the coast of England is a Russian national, the German company that owns the vessel said Wednesday.

The fire on an oil tanker involved in a crash on the North Sea has finally gone out as pictures show a gaping hole on the side of the vessel. US-registered Stena Immaculate was transporting fuel for ...