In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight ...

Germany charged that a heavily loaded tanker adrift off its northern coast Friday was part of the "shadow fleet" Moscow uses to avoid sanctions on its oil exports. Although the tanker was navigating ...

In December 2023, two Russian oil tankers were damaged during a storm. One vessel broke apart and sank, while the other ran ...

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...

Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of ...

Bloomberg said on Monday that the tankers which had left Russian ports this month with over 2 million barrels of oil, were unable to dock. Newsweek has contacted the Russian foreign ministry for ...

"The towing convoy is moving eastwards to a position northeast of Cape Arkona (Rügen)," Germany's Central Command for ...

The tanker was sailing from Russia to Egypt with almost 100,000 tonnes of oil when its engine failed and it lost manoeuvring ...

As the vessel drifted in coastal waters Friday, Foreign Minister Annalena Baerbock slammed Russia's use of "dilapidated oil tankers" to avoid sanctions on its oil exports, calling it a threat to ...

The death toll from an oil tanker explosion in north-central Nigeria has risen to 86. The first three hostages to be released ...

Foreign Minister Annalena Baerbock criticised Russia’s use of “dilapidated oil tankers” and labelled ... “was drifting at low speed in the coastal waters”, Germany’s Central Command ...