The recent seizure of two oil tankers by Iran’s Revolutionary Guards has led to an ownership dispute, with Tanzania ...

VLCCs have resumed their upward trajectory, with more — potentially a lot more — to come. After massive gains to close out ...

Three more Russian insurers, including a subsidiary of top lender Sberbank, have asked India for approval to provide marine ...

Four new Russian companies have sought India’s approval to provide insurance for crude oil tankers docking at ports in the ...

Authorities say lightning sparked a large tank battery fire Thursday morning at an oil well site in Purcell. >> Sky 5 flew over the scene, showing the aftermath of the tank battery fire. Open the ...

India has already approved five insurers from Russia, which has no insurance firms in the International Group of P&I Clubs, ...

Some tankers chartered for Venezuelan exports by US oil major Chevron are instead being marketed for other spot cargoes.

A dozen states have sued the Trump administration in the U.S. Court of International Trade to stop its tariff policy, saying ...

Some tankers Chevron had chartered to move crude from Venezuela to the U.S. this month are now being marketed for spot ...

BIMCO and the Association of Ship Brokers & Agents (USA) Inc. (ASBA) have revised ASBATANKVOY, the only dedicated tanker form ...

Chinese state-controlled refining giant Sinopec has resumed buying Russian crude oil after a temporary halt due to concerns ...