Oil shipping rates soar on U.S. sanctions on Russian fleet, boosting demand for tankers to load Middle East oil for Asia.

By Anne Kauranen HELSINKI (Reuters) -Crew on board an oil tanker accused of sabotaging undersea power and communications ...

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

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

A tanker carrying Russian oil that was secured by German authorities last week in the Baltic Sea remains in German waters and a customs assessment is underway, a government spokesperson said in Berlin ...

Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased.

Old tankers are damaging crucial subsea cables using their anchors. Analysts say it's likely deliberate.

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

The US sanctions-driven surge in crude tanker rates is being aided by the return of a rare tactic by traders and owners first ...

Tanker owners are cashing in on the sanctions-fuelled rate rally, and no one as much as George Economou. The Greek magnate’s ...

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