Market sources associate the major Greek shipowner with a letter of intent with South Korea’s Hanwha Ocean for two VLCCs ...

A month-long odyssey has ended for a VLCC reported to have lifted Russian crude from sanctioned Sovcomflot tankers last month ...

A Greek VLCC has left Scotland after six years of operating as an oil storage vessel. The 299,000-dwt Australis (built 2003), ...

Onassis Foundation-controlled Olympic Shipping head reflected on latest geopolitical developments shaping the tanker market ...

Samsung Electronics said on Wednesday it is looking at major deals to drive growth as it faced tough questions from ...

The Panama-flagged Daban, one of dozens of non-sanctioned vessels drawn to the Russian oil trade by fat margins following the ...

MUSCAT: Newly-listed national shipping company Asyad Shipping recorded a net profit of RO 51.6 million for the year ended December 31, 2024, ...

Clearly, the Suezmax tanker has neither the trading flexibility of an Aframax nor the economies of scale of the VLCC, and yet it is subject to compliance with OPA 90 for much of its trade.

Oil Market Report’ is a monthly publication of the OPEC Secretariat focusing on short-term developments in the global oil ...

As the market evolves, brands that can effectively combine innovation, sustainability, and digital engagement are likely to ...