Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased, ...

US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to ...

The Grace 1 supertanker, which is carrying 2.1m barrels of oil, was detained on 4 July on suspicion of illegally transporting oil to Syria. A last-minute legal attempt by the US to keep the tanker ...

This is equivalent to a 15% rise, bringing the cost to charter a supertanker on that route to ... slumped to $1.17 a barrel, from $4.69 on Jan. 9, before the sanctions were announced, LSEG data ...

The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the extent to which the move has upended the global shipping market.

Image by TanyaJoy via iStock The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker ... 60 million barrels’ worth of shipping capacity ...

SINOPEC CORP (00386.HK)'s trading arm, Unipec, chartered a number of supertankers last Friday (10th), shoring up the freight rate sharply for each VLCC carrying 2 million barrels of crude oil, report ...

The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker to be registered ... At least 60 million barrels’ worth of shipping capacity across more ...