Three supertankers that were headed for Rizhao port are now looking for alternative berths, following US sanctions on the ...

A record 48 oil supertankers are making their way to the US, Bloomberg reported. US crude oil production and exports are booming, while OPEC+ countries have curbed oil supply. US oil exports hit 3.99 ...

The world’s oil tankers are being filled with crude at a record pace as the options to store a glut on land rapidly diminish, one of the industry’s largest owners said. A combination of surging ...

Made in China oil supertankers are set to be slapped with more hefty charges under America's latest proposal to penalize ships manufactured in the Asian nation. Image by ffikretow via iStock ...

Naftoport plans to build a new jetty at its Gdansk oil terminal to accommodate supertankers, easing infrastructure pressure and ensuring steady seaborne oil supplies for German refineries. The ...

A record number of supertankers is steaming toward the U.S. to load oil as shipowners look to capitalize on an increase in the nation’s crude exports. Forty-eight vessels are bound for the country in ...

The number of Saudi supertankers carrying oil and sitting offshore Egypt increased again on Friday, according to vessel tracking data monitored by Bloomberg, after signs emerged earlier this week that ...

BEIJING (AP) — A group of state-owned Chinese shipping companies have placed a $4.5 billion order for 50 supertankers, throwing a financial lifeline to China’s struggling shipbuilders, a newspaper ...

Two supertankers, each capable of hauling about 2 million barrels of crude, U-turned in the Strait of Hormuz before one returned to the waterway as US airstrikes on Iran raised risks for shipping to ...

The supertanker TI Oceania was built to ferry vast quantities of oil across oceans, but for the next year it is expected to remain anchored off the coast of Singapore, storing millions of barrels of ...

Ford Motor reported a dip in second-quarter adjusted profit on Wednesday as the automaker continues to battle costly quality issues and an EV business that is weighing on its bottom line, sending ...