The sudden action by the US Treasury Department against the 300,000-dwt crude carrier Itaugua (built 1997) and its last owner ...

Current US port costs for oil tankers range between roughly $20,000 and $83,000, depending on the port and vessel class, Braemar noted, meaning a huge potential increase. The broker estimated that ...

Some of the tankers are believed to be used by Vladimir Putin’s regime to bust sanctions imposed on Russia for his three-year war in Ukraine. In a new warning, maritime intelligence firm Ambrey ...

“So, the big question that leads to is: ‘by who?’” The blasts nevertheless point to heightened risk for tankers moving Russian petroleum. They come at a time when Ukraine has claimed ...