After 37 years of gainful employment transporting refined petroleum products across the world’s sea lanes, the 40,000-dwt MR1 ...
UK owner Union Maritime has clinched an eye-catching five-year tanker charter in an otherwise quiet period market, brokers have reported. The Laurent Cadji-led owner is said to have fixed out a ...
Russia's fleet of supply vessels now makes up just shy of a fifth of global oil tankers operating across the world.
The maritime traffic through the Bab el-Mandeb Strait has experienced a significant downturn following the series of Houthi ...
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Western tankers propel Russia's shadow oil trade
It represents more than a third of the roughly 600 ships in this fleet, which accounts for 70% of Russia's oil exports.
A motor tanker and several lorry trucks loaded with smuggled fuel worth at least P128 million were seized by operatives of ...