BP said it’s going to pause all tanker shipments through the Red Sea ... were halting traffic amid concern over Houthi attacks. Oil futures were trading around $72 per barrel in electronic ...

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 ...

Following BP's announcement the US said it would lead ... and Reuters has reported that Belgian oil tanker firm Euronav and Norway-based tanker group Frontline would both avoid Red Sea routes.

Here's what we know. This stranded Venezuelan oil tanker is a potential disaster. Here's what we know. We still don’t know the full impacts of the BP oil spill, 10 years later We still don’t ...

The U.S. unveiled a multinational naval force to protect merchant vessels in the Red Sea after Houthi rebel attacks threatened the Suez Canal’s central role in global trade. On Monday, the ...

Charterers were also able to grab the upper hand in the suezmax market, pushing down average earnings 3% to $44,795 per day, ...

A Greek oil tanker hit by a Houthi attack that sparked fears of a major oil spill is offloading its cargo two months after ...

Except for oil/ore and OBO-carriers (which are less frequently ordered today anyway), tankers spend half their sea time sailing in ballast with the machinery developing relatively lower power.

Western Firms Before the war, the vast majority of insurance of Russian oil tanker shipments was provided by western firms that are part of the International Group of Protection & Indemnity Clubs.

Italy’s d’Amico International Shipping (DIS) is not expecting any short-term effects from the US presidential election. But ...

“Shadow tankers” from Russia are transporting oil cargo worldwide with a bulk bound for Asia, dramatically raising the risk of collisions and oil spills, an independent think tank has warne ...

All You Need to Know About Teekay Tankers Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company ...