Tanks belonging to Transneft, a Russian state-owned company that operates the country's oil pipelines, are stationed at the oil terminal in Ust-Luga. The heavily-laden Russian oil tanker, the Koala, ...
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 ...
Frontline is one of the largest oil tanker companies, and like all companies in this field, Frontline is highly susceptible to market cycles. The financial situation of the company does not look the ...
The rates for chartering supertankers have surged to a nearly three-year high this month as more crude is moving out of the Middle East and the U.S. to Asia, Reuters reports, citing sources in the ...
A 750-foot-long oil tanker and its high-powered escort tug started motoring west from a pipeline terminal near Vancouver, British Columbia, Wednesday afternoon. The Liberian-flagged tanker, called the ...
[Stay on top of transportation news: Get TTNews in your inbox.] Oil tanker rates jumped Jan. 13 as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships ...
Nordic American Tankers' stock has declined by 26% since my last report, trending inline with weaker tanker rates. At current tanker rates, analyst estimates are likely too optimistic for 2025. Using ...
Two fuel oil tankers damaged in storm on Sunday Third ship sends distress signal Emergency declared at several locations Scale of fuel spillage is being determined MOSCOW, Dec 17 (Reuters) - Spilled ...