Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

Rates for tankers carrying oil also got a boost from increased demand from traders loading Middle Eastern crude grades for Asia. Why oil tanker price is rising According to the report, Shell had ...

With only 1,000 feet at its narrowest point, the Canal is unable to handle the VLCC (Very Large Crude Carriers) and ULCC (Ultra Large Crude Carriers) class crude oil tankers. The Suez Canal ...

LONDON, Jan 13 (Reuters) - At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions ...

HELSINKI, Jan 8 (Reuters) - Finland's public transport agency said on Wednesday that an oil tanker suspected of damaging undersea cables in the Baltic Sea was found to have serious deficiencies ...

A view of the unmaneuverable oil tanker "Eventin" off the coast of the island of Ruegen. The oil tanker, which flies the flag of Panama, drifted for several hours in the Baltic Sea off the coast ...

Germany is working to secure a drifting Russian oil tanker, believed to be part of Moscow’s “shadow fleet” used to fund its war in Ukraine, after it lost control in the Baltic Sea. The ...

Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of ...

Oil Tanker Sabotage Crew Were Poised to Cut More Cables When Caught, Finland Says By Anne Kauranen HELSINKI (Reuters) -Crew on board an oil tanker accused of sabotaging undersea power and ...

Dozens of Oil Tankers Drop Anchor After Latest US Sanctions Bite By Jonathan Saul LONDON (Reuters) - At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of ...