"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...

Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...

The safety risks posed by unregulated oil tankers are rising, and the so-called shadow fleet is a threat to both the maritime ...

Thousands of firefighters and volunteers have been tackling three of the Los Angeles wildfires for a week now. The other two ...

We recommend buying TORM stock due to strong performance, industry dynamics, and potential undervaluation of 45.4%. Read our ...

Police arrested four individuals involved in the illegal theft and storage of diesel from tanker trucks at Baala in the taluk ...

Two major Greek shipowners have fixed out LR2 product tanker newbuildings ahead of delivery, brokers say. Atlas Maritime has ...

The latest reported sale of a veteran VLCC shows how the secondhand market has crashed for such ships. Brokers reported the ...

US last week imposed its broadest package of sanctions so far targeting Russia’s oil producers. Read more at straitstimes.com ...

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book ...

Dalian Shipbuilding Industry Company has handed over the G1 FSO to Truth Maritime Services, marking a critical milestone for ...

The Group of Seven democracies has sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.