Russia's fleet of supply vessels now makes up just shy of a fifth of global oil tankers operating across the world.

President Trump has launched a second round of sanctions on Iran with the goal of cutting the country’s oil exports to zero, particularly to China, its biggest customer. This “maximum pressure” ...

Enforcement of the U.S. sanctions on Iran will come down to how much the Trump administration is willing to pressure Iran's oil buyers, said StoneX's Hodes. Oil prices may rise if there are some ...

Abu Dhabi-listed Al Seer Marine has revealed that two more of its recently delivered chemical/product tanker newbuildings have been placed on five-year time-charters to the Middle East arm of Indian ...

US hardball tactics will not prevent Iran from selling its crude abroad, the country’s oil minister said on Wednesday. In ...

The first North American Free Trade Agreement came into effect in 1994. Within just six years Canada’s trade with the United ...

In a letter to shareholders, CEO Herbjorn Hansson said, “A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ...

Denmark increases scrutiny of tankers at Skagen Anchorage. Find the latest news from the maritime industry on the PortNews website.

China Development Bank Financial Leasing (CDB Leasing), has made its offshore debut with a landmark order for eight offshore ...

Baltic Exchange enters chemical tanker market with new freight assessments. Find the latest news from the maritime industry on the PortNews website.

When President Donald Trump’s administration announced it would impose 25% tariffs on Canada and Mexico, the world reacted.