Russia’s Zvezda Shipbuilding Complex has delivered its much-delayed first ice-class shuttle tanker, almost seven years after it was ordered, amid speculation that its first Arc7 LNG carrier ...

EU shipyards are repairing Russian ice-class tankers and offering them dry dock facilities, enabling Moscow to continue moving gas through the Arctic despite western sanctions on its energy sector.

Russia's first ice-class LNG carrier has begun sea trials, advancing its efforts to expand in the global LNG market despite US sanctions, reported Reuters. The Alexey Kosygin tanker, named after a ...

“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 ...

VLCC fleet growth went into reverse last year as crude tanker deliveries hit a 36-year low. Shipowners’ organisation Bimco calculated that shipyard handovers fell 74% from 2023, with only 17 new ...

is $56K/day for non-eco VLCC rates in 2025, while product carrier giant Scorpio Tankers' (NYSE:STNG) consensus estimates are ...

In 2020, only 34 tankers of all sizes ranges were contracted for construction, and only one of those was a VLCC tanker. Move forward 12 months, and in February and March 2021, a total of 92 tankers of ...