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

Potential buyers of tankers are still low-balling on offers as South Korea’s HMM was linked to a sale of two older MR vessels ...

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

The Bangladesh Shipping Corporation (BSC) has decided to dispose of its two fire-damaged oil tankers, “Banglar Shourabh” and ...

Bulk carrier and product tanker deliveries are set to soar to new highs this year, reshaping supply fundamentals ...

Damen shipyard in Brest, France, and Fayard A/S in Denmark have provided maintenance works to Russian liquefied natural gas ...

SINGAPORE posted new highs for annual vessel arrival tonnage, container throughput, total bunker sales, sales of alternative ...

In less than four years, the company has turned into a "multi-seven-figure brand" thanks in part to its colorful social media ...

Tanker ships can be either crude tankers that transport ... to store oil in the tankers until the oil market improved. Oil sales have since increased somewhat, prompting the rental price for ...

There was already a smallish shadow fleet of antiquated tankers carrying embargoed oil from Venezuela and Iran, but the ...

Germany was battling on January 11 to secure a heavily loaded tanker stranded off its northern coast, towing the stricken ship that it said was part of Russia's sanctions-busting "shadow fleet" away ...