Mr Karageorgiou pointed out that Chinese yards are responsible for approximately 25% of the global VLCC fleet, 21% of Suezmaxes, 11% of Aframaxes, and 40% of LR2 tankers, many of which are integral to ...

Ukrainian intelligence has identified the captain of the oil embargo-breaking tanker FACCA, a part of Russia’s so-called ...

Ukrainian intelligence has identified the captain of the oil embargo-breaking tanker FACCA, a part of Russia’s so-called ...

A filing revealed that directors approved the construction of two aframaxes, two LR2s and two panamax tankers at Cosco Shipping ... which will carry both crude and oil products, will cost CNY ...

Oil traders are avoiding Chinese-built tankers due to proposed U.S. port fees. The proposed fees could add up to $1.5 million per port entry for Chinese vessels. This shift is disrupting the ...

They have 7 other MRs and Panamax coming between 2026 and 2028 ... which helpfully Tsakos updates relatively regularly. 5. Tanker Optionality Oil prices - and tanker rates - can be volatile ...

Once all vessels are delivered, the company will oversee 41 self-operated and 21 long-term chartered-in bulk carriers and three oil tankers. Fujian Highton Development was listed on the Shanghai Stock ...

The two foreign oil tankers were seized in the Persian Gulf, Iran's Revolutionary Guard’s Second Naval District announced Monday, as part of efforts to combat fuel smuggling in the region.

India moved on Thursday to deny entry to a Tanzanian-flagged tanker carrying Russian crude, signaling that New Delhi is ramping up scrutiny of vessels transporting oil from Russia, Reuters ...

“Since June 2024, Aframax and Panamax crude tankers have benefitted from the increased volume ... Nearly two-thirds of US crude oil imports in 2024 therefore came from Canada while 95% of Canda’s ...