Mitsui OSK Lines (MOL) has reported an increase in net profit of close to 65% for the first nine months of the year on the back of continued strength in the container ship, car carrier and tanker ...
US sanctions on Russian oil exports are prompting Russia to redirect Aframax tankers from western ports to the Far East to ...
Last month, Kpler said Iran was gearing up to shift stockpiles of its crude in Chinese ports ahead of any tighter US ...
China and India have stopped trading in Russian oil as US sanctions have caused a sharp rise in tariffs for tanker freight.
In China, newly sanctioned tankers face delays offloading oil despite meeting waiver requirements. Three of them discharged ...
Iranian cargo ships allegedly carrying chemicals to make missile propellent are setting sail from China to deliver the ...
Oil prices fell about 3% to a two-week low on Monday, pressured by losses in Wall Street technology and energy stocks, as ...
The latest U.S. sanctions on Russia’s oil and gas sector have raised the cost of chartering tankers not under restrictions so ...
Russian oil transactions from March are stalled in Asia as China and India navigate significant freight rate increases post ...
The disruption has led to stalled trade in Russian crude loaded for March delivery as rising shipping costs created a significant price gap between buyers and sellers, according to Reuters.