In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight ...
At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the ...
[Stay on top of transportation news: Get TTNews in your inbox.] Oil tanker rates jumped Jan. 13 as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply ...