Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

A heavily-laden Russian oil tanker ran aground in the Baltic Sea in northern Russia on Sunday, according to media reports. In ...

[Stay on top of transportation news: Get TTNews in your inbox.] Oil tanker rates jumped Jan. 13 as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply ...

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 ...

Citing industry sources, Reuters reported today that demand for tankers was rising as traders looked to send more Middle Eastern oil to Asia to replace a lot of Russian barrels, adding that rates ...

“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 ...

CAIRO, Feb 3 (Reuters) - Liberian-flagged crude oil tanker Chrysalis, which was attacked by Yemen's Houthis last year, sailed through the Red Sea this week, the Suez Canal said on Monday ...