The benchmark daily rate for a ‘very large crude carrier’ (VLCC) moving oil from the Middle East to China has risen by 40% since June 13, reflecting the higher risk premium tanker owners are ...

Dubai, 02 January 2011 - Gulf Navigation Holding, PJSC (DFM: GULFNAV) one of the leading ship-owners and maritime services company in the region, today acquired a new Very Large Crude Carrier (VLCC) ...

Israel’s airstrikes on Iran drove up freight rates and tanker stocks June 13 as traders and investors priced in the prospect of disruption to a large swath of the global oil-shipping fleet.

The global benchmark rate for a very large crude carrier (VLCC) moving oil from the Middle East Gulf (MEG) to Japan, known as TD3, rose over 20% on Friday after the tensions broke out, according ...

Two giant ocean-going tankers collided and caught fire and two other ships were approached by Iranian boats near the Strait of Hormuz energy chokepoint, rattling global oil and shipping markets ...

The United Arab Emirates National Guard said the evacuation took place on Tuesday after the crude oil tanker, Adalynn, struck another ship — understood to be the Front Eagle oil tanker ...

Two very large crude carriers collided in waters off the United Arab Emirates near the Strait of Hormuz and caught fire early Tuesday, rattling global oil and shipping markets, but oil continues ...

HeliRy/E+ via Getty Images. Two very large crude carriers collided in waters off the United Arab Emirates near the Strait of Hormuz and caught fire early Tuesday, rattling global oil and shipping ...

Two giant ocean-going tankers collided and caught fire near the Strait of Hormuz energy chokepoint, rattling global oil and shipping markets that have been on high alert since Israel attacked Iran.

The crude oil tanker, ADALYNN, was bound for Egypt’s Suez Canal when the crash in the Gulf of Oman happened. NASA FIRMS satellite data showed heat signatures in the area early morning.

(Bloomberg) -- Two giant ocean-going tankers collided and caught fire and two other ships were approached by Iranian boats near the Strait of Hormuz energy chokepoint, rattling global oil and shipping ...