Oil tankers are some of the most economically important naval vessels operating today, and they've been around for a long time. The first oil tanker was the Zoroaster, which was built all the way back ...

India is reportedly planning to invest Rs 85,000 crore ($10 billion) by 2040 to acquire 112 crude oil carriers, aiming to ...

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) disclosed on Wednesday that an order for two VLAC newbuildings that ...

A Greek court ruled that the 2017 sinking of an oil tanker near Athens was an intentional act intended for financial gain.

China has been importing plenty of oil lately, but little of it is being used, posing a problem for tanker owners, according to Breakwave Advisors. The New York asset manager said Chinese oil demand ...

Western sanctions imposed on Russia for invading Ukraine and aimed at cutting its oil revenues have led to the rise of a vast ...