The shipping unit of Indonesia's state energy firm Pertamina plans to double its fleet of 320 tankers in the next 10 years, ...

Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned ...

International Seaways' management continues to look for potential catalysts to propel its business. Read more about the shipper's share repurchase program.

DUBAI, United Arab Emirates (AP) — Salvagers abandoned an initial effort to tow away a burning oil tanker in the Red Sea targeted by Yemen's Houthi rebels as it “was not safe to proceed,” a ...

DUBAI — An operation to tow away a burning oil tanker that was attacked by Yemeni rebels in the Red Sea is too hazardous to proceed, a European Union naval mission said on Tuesday, warning of severe ...

The U.S. said that the Iranian-backed Houthis attacked two crude oil tankers on Sep 2. As per the U.S., a Panama-flagged oil tanker & a Saudi-flagged tanker ship were targeted. MV Blue Lagoon I ...

This is double the amount likely on MV Delta Sounion, an oil tanker attacked by the Houthis on Aug. 21. Sounion is currently ablaze in the Red Sea. While the tanker hasn’t leaked there is a ...

Salvage efforts to tow the burning oil tanker Sounion in the Red Sea have been abandoned, leaving the vessel stranded and at risk of spilling its one million barrels of oil. On Tuesday ...

The U.S. Central Command said Yemen's Iran-backed Houthi rebels attacked two crude oil tankers - the Saudi-flagged Amjad and the Panama-flagged Blue Lagoon I - in the Red Sea on Monday with two ...

Crude tanker ... double-digit rates for much of the 2000s. With that development came the need for raw materials. As many know, there is a direct correlation between economic growth and crude oil ...

In a statement posted on its X page late Monday, U.S. Central Command (Centcom) noted that, yesterday morning, “Iranian-backed Houthis attacked two crude oil tankers, the Panama flagged/owned ...