Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...

Rates for tankers carrying oil also got a boost from increased demand from traders loading Middle Eastern crude grades for Asia. According to the report, Shell had booked two Very Large Crude ...

New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...

In China, newly sanctioned tankers face delays offloading oil despite meeting waiver requirements. Three of them discharged ...

SINGAPORE, Jan 15 (Reuters) - Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on Russia's fleet and traders' demand for ...

An oil tanker attacked by Yemen's Houthi rebels in the Red Sea, raising fears of an environmental catastrophe, has been successfully salvaged, security firm Ambrey confirmed on Friday. The Sounion ...

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 ...

The tanker — with around 99,000 tons of oil and said to be part of Russia's ... They were tasked with ensuring that the ship's load was evenly distributed among the tugs. A spokeswoman for ...

HELSINKI (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 and will not ...