VLCC rates have doubled since the start of 2025 and DHT Holdings chief executive Svein Moxnes Harfjeld is having a tough time ...

McQuilling Services announced the release of its 28th anniversary edition, 2025-2029 Tanker Market Outlook.This 183-page ...

Oil and gas traders are likely to seek waivers from Beijing over tariffs that the Chinese government plans to impose on U.S.

VLCC shipments are set to fall from Iraq after a storage tank fire at the country’s biggest oilfield. The blaze began on 24 January and was quickly brought under control. Bloomberg reported that ...

DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended December 31, 2024.

Shell had booked two Very Large Crude Carriers (VLCC) on Tuesday at the rate of Worldscale 70. Worldscale is a unified system of establishing payment of freight rate for a given oil tanker’s cargo.

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 tonnes (DWT), joined the fleet.

With this latest addition, Advantage Tankers’ orderbook now comprises eight vessels, including five Suezmaxes, two LR1 ...

The chemical tanker sector has drawn increased interest from Greek shipowners, who traditionally focus on larger vessels ...

The robust demand pushed the rate for a VLCC on the Middle East to China ... a separate senior oil trader said. Tanker freight costs for "clean products" such as gasoline, diesel and jet fuel ...

Nordic American Tankers is a midstream energy play with reliable earnings, which support its ultra-high-yield dividend.

[Stay on top of transportation news: Get TTNews in your inbox.] Oil tanker rates jumped Jan. 13 as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply ...