Nearly 19m dwt-worth of VLCCs are under US sanctions, with more likely on the way. ABG Sundal Collier analyst Petter Haugen ...

A decision by a major Chinese ports group to ban US-sanctioned tankers could give a “significant” boost to rates, analysts ...

China's fuel oil imports are expected to drop in early 2025 following a hike in the product's import tax from Jan. 1.

Greeks continue to lead the way and lead by far in tanker orders - 12.6% of those ordered in 2024 are scheduled to be delivered in 2028 or later ...

(NYSE:DHT) (“DHT” or the “Company”) today announced that the Company has purchased 1,481,383 of its own shares in the open ...

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.

The outlook for VLCC, Suezmax, Aframax and MR tankers in 2025 reflects mixed growth, shaped by fleet expansion, demand shifts and global oil market trends As the tanker market progresses into 2025, ...

Yesterday’s session finished with Crude oil futures printing their worst day in a month and settling lower by over -1%.

“Its dispatch capacity will be 262,000 cubic metres per day through two monobuoys that will be able to load very large crude carriers (VLCC)) tankers,” it said. In an earlier stage of the ...

The new terminal’s proximity to the navigation channel will reduce dredging requirements, making it more feasible to dock ...