Chinese-built supertankers transporting oil into the United States could be forced to pay fees of up to $5.2 million per each ...

Line, a Tokyo-headquartered shipping company, has concluded the contract to build its first very large crude oil carrier (VLCC). This 310,000-ton capacity vessel can be powered with methanol, with the ...

Some tankers Chevron had chartered to move crude from Venezuela to the U.S. this month are now being marketed for spot ...

older ships cost more to keep up, and expenditures of this nature are the first to go in a depressed market. Teekay notes that most crude oil tankers, and virtually all Aframax size tankers ...

The sanctions enforcement of Russian oil exports appears limited, especially compared to the continual U.S. campaign to bring ...

A growing number of Russian insurance firms, some of which sanctioned by the U.S., have applied with India’s authorities to ...

Chinese state-controlled refining giant Sinopec has resumed buying Russian crude oil after a temporary halt due to concerns ...

Some tankers chartered for Venezuelan exports by US oil major Chevron are instead being marketed for other spot cargoes.

Only Espo crude shipped from Russia’s Far East was above $60 a barrel during March — and that fell below the price cap price ...

Some tankers ... ships from Venezuela in a month even if it eventually finds a way to resolve the disagreement with PDVSA. Tanker Sea Dragon, which had discharged Venezuela's Boscan heavy crude ...