It marks the second VLCC contract between the two parties. The first deal last year saw those tankers quickly moved on as ...

Reborn shipyard Hengli Heavy Industries has booked four 306,000-dwt crude oil tanker newbuildings with its parent, Hengli ...

Specialist salvage teams are set to renew efforts to remove a blazing oil tanker that’s been stuck in the Red Sea for over ...

Industrial fuel consumers are aggressively hedging against future price spikes as oil prices slump and concerns about global demand rise.

Ocean voyages offer unique experiences but significantly impact the environment. Ships typically run on heavy fuel oil, ...

A 30-metre long ship struck a reef and sank off the coast of Greenland on Thursday, while its four crew members were evacuated to safety, local police said.

An oil tanker named Thai Laemthong 8 has run aground at Koh Mai Si, off the coast of Koh Kood in Trat province. The Koh Kood ...

Arsenio Dominguez made his remarks at start of sub-committee on carriage of cargoes and containers meeting in London this week.

Israeli Prime Minister Benjamin Netanyahu vowed to exact a heavy price from Iran-backed Houthis in Yemen over Sunday morning missile attack ...

Cleveland Browns owner Jimmy Haslam’s family office HF Capital LLC has committed $725 million to help launch an initiative ...

A burning oil tanker that was attacked by Yemen’s Houthi movement has been towed to a safe area in the Red Sea without any ...