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The UK’s ninth richest billionaire, Norwegian-born shipping tycoon John Fredriksen, has said “Britain has gone to hell” and ...
Rising rates for the largest crude oil tankers climbed higher as the U.S. bombed nuclear weapons facilities in Iran.
MOL Group takes delivery of first cargo since signing long term deal with compatriot MVM Group to lift more crude from ...
Some oil tankers are rerouting, pausing, or avoiding the Strait of Hormuz amid escalating Middle East tensions and fresh U.S. strikes on Iran, raising fears of a global oil supply shock.
The world’s largest shipping trade group, Bimco, says several operators have begun halting transits through the narrow waterway.
Oil tanker stocks have seen some rough times recently. ... Antwerp, Belgium-based Euronav is an oil tanker company that also runs the world’s largest independent quoted crude tanker platform.
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. Electronic interference was reported in the region.
The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...
Some of the world’s largest ocean tanker operators said they remained calm but cautious after risk warnings from naval forces for vessels operating in and around the Persian Gulf.
Frontline, the world’s largest publicly listed oil tanker company, said it would no longer take contracts to sail through the Strait of Hormuz. There are reports that the Adalynn is a ‘dark ...
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait of Hormuz ...