Russian officials say rescue workers have successfully removed almost 1,500 tons of oil stranded onboard a tanker that ran ...

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

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

One Indonesian crewmember died and seven others were rescued by Taiwan's Coast Guard after their Belize-registered oil tanker ...

Technical problems have severely reduced tanker loadings at the key Russian oil port of Ust-Luga this month. Traders told ...

The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...

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 ...

Initial reports suggest, the blast occurred due to gas leakage during welding work on the tanker, which was being used to ...

UK shipbroker Braemar is continuing to build up its specialised tanker desk with recruits from a rival and an oil and tanker ...

Oil prices saw their first weekly decline of the year with ICE Brent settling a little more than 2.8% lower last week. And this downward pressure has continued in early morning trading today.

During the accident, the tanker Volgoneft 212 sank, while the other vessel, the Volgoneft 239, was stranded at Cape Panagia, a few hundred feet from the shore, still filled with fuel oil.

A crew from Russia’s Marine Rescue Service siphoned away the remaining 1,488 tonnes of oil left in the grounded Volgoneft-239 ...