With this latest addition, Advantage Tankers’ orderbook now comprises eight vessels, including five Suezmaxes, two LR1 ...

VLCC fleet growth went into reverse last year as crude tanker deliveries hit a 36-year low. Shipowners’ organisation Bimco ...

DHT Holdings appears to be upping its time charter coverage, striking a deal for one of its older tankers. Brokers have the ...

TORM is the world's third-largest product tanker operator, only behind Hafnia and Scorpio Tankers. Learn why TRMD stock is a ...

Hong Kong-registered outfit Young Honest Shipping has emerged as the taker of the first vintage VLCC sold this year. Young ...

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 ...

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

US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to ...

Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe new U.S. sanctions on Russian ...

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

“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 tonnes (DWT), joined the fleet. Compared to 2023, the capacity delivered ...

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