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

Secondhand tanker buyers appear to be waiting for prices to come down further before spending. Clarksons data shows that so ...

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 ...

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 markets have kicked off the new week on the back foot with the oil price selloff deepening amid a raft of bearish ...

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

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 ...

An oil tanker and cargo ship collided in the North Sea off the coast of East Yorkshire on Monday morning, forcing crew members to abandon ship. Both vessels burst into flames after the crash about ...

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 ...

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.

Much is still unclear about this collision between an oil tanker and a container ship in the North Sea. We know it will impact the environment, but how badly depends on at least three things ...