The 310,000 dwt tanker is believed to be the largest VLCC built for the domestic ... tankers are shipping more than 80% of China's crude oil imports. China currently imports over 50% of its ...

A risky operation to salvage an oil tanker attacked by Houthi militants in the Red Sea and avert what could have been one of the largest oil ... teams to tow the ship, to Saudi Arabia, a key ...

Oil tanker rates jumped Jan. 13 as the ... tracing a rally in shares of the world’s largest pure-play owners of the ships. The hike is just one example of how the sanctions — the most ...

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