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 ...

“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 ...

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 ...

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.

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, ...

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 ...

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 ...

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 ...