As the maritime industry faces increasing pressure to meet ambitious environmental targets, OSM Thome is launching EVIGO, a green services division that aims to redefine sustainability in shipping.

NAT has declared the purchase option for a 2018-built Suezmax tanker on favorable terms from a close financing partner. Furthermore, they have also sold a 2003-built vessel to a UK based owner. This ...

“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity delivered ...

Fratelli Cosulich Group has placed an order for another 7,999 dwt IMO2 chemical bunkering tanker at Taizhou Maple Leaf Shipbuilding Co., Ltd. This newbuild vessel is designed to carry fuel oil, ...

This strategic move sees eight VLCCs, eight LR2s, and four LR1s join Navig8’s market-leading pools, further strengthening the company’s position as a global leader in commercial management. The ...

Finnish investigators say the crew of an oil tanker accused of damaging undersea power and communication cables in the Baltic Sea were preparing to cut additional infrastructure before authorities ...

The 600-foot Panama-flagged oil tanker Jazz has broken down several times in the last two weeks, and is now anchored in Danish waters Avessel believed to be part of Russia's shadow fleet is reported ...

Geopolitics are intricately linked with the international oil and shipping markets, influencing commodity prices, supply and demand balances and logistics. Developments over the last few weeks have ...

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 package on ...

Less favourable tanker market conditions in the coming years are expected to constrain further growth in contracting from 2025 to 2028 London and Singapore, 1 January 2025. Leading research and ...

The anchor of the tanker Eagle S, believed to have been lost when it ran through several submarine cables, has been found at the bottom of the Gulf of Finland.