VLCC shipments are set to fall from Iraq after a storage tank fire at the country’s biggest oil field. The blaze began on 24 ...

“If rerouted to shorter-haul destinations, crude ton-miles could decline by just 0.3%, potentially reducing VLCC spot rates ...

With this latest addition, Advantage Tankers’ orderbook now comprises eight vessels, including five Suezmaxes, two LR1 ...

Hong Kong-registered outfit Young Honest Shipping has emerged as the taker of the first vintage VLCC sold this year. Young ...

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 ...

US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to transport oil globally shrank.

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India ...

Port Freeport on Tuesday said it expects limited vessel activity while Port Houston said all of its public facilities will ...

Since Friday, Unipec has fixed 23 vessels to ship crude from the Middle East to China, the data showed. The robust demand pushed the rate for a VLCC on the Middle East to China route, known as ...

The proposed ₹30,000 crore new Mega Shipbuilding Facility at the Kandla Port will develop technical capability in the country to manufacture big Very Large Crude Carrier (VLCC) or similar class ...