Oil shipping rates are surging due to tightened global tanker supply following US sanctions on Russia. Shell and Shenghong Petrochemical booked VLCCs at significantly higher rates for February loading ...

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

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book ...

The latest reported sale of a veteran VLCC shows how the secondhand market has crashed for such ships. Brokers reported the ...

Fearnley Securities said that following a tough autumn and early winter, the tightening sanctions on Russian and Iranian ...

Supertanker freight rates have surged in recent days, as the US government's expanded sanctions on Russian oil trade send ...

US Toughens up Sanction on Russian Oils, Shoring Up Tanker Freights Sharply; Mideast-China Routes' Swell ~40% ...

Freight rates for Very Large Crude Carriers (VLCCs) that can carry 2 million barrels of crude across major routes jumped ...

Jane Street Group LLC purchased a new stake in shares of Okeanis Eco Tankers Corp. (NYSE:ECO – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange ...

Analyst Jason Sum from DBS maintained a Buy rating on COSCO SHIPPING Energy Transportation Co (CSDXF – Research Report) and keeping the price ...

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