President Volodymyr Zelenskiy said in an interview broadcast on Tuesday that Ukraine was prepared to proceed along a ...
It represents more than a third of the roughly 600 ships in this fleet, which accounts for 70% of Russia's oil exports.
On the night of Dec. 15, 2024, two Russian oil tankers, Volgoneft-212 and Volgoneft-239, sank in the Kerch Strait, a narrow ...
An oil facility caught fire following a Ukrainian drone strike against Krasnodar Krai in southwestern Russia overnight on Feb ...
Tanker stocks rose in New York and Oslo after Donald Trump said the US would put “maximum pressure” on Iran to curb oil exports. Frontline jumped 7.5% in New York to $18.87 per share. Shares traded ...
On President Vladimir Putin’s orders, the Russian Transport Ministry has launched an inspection of companies operating tanker ...
Russia is using non-sanctioned vessels and rerouting others to keep oil exports going, maritime data shows, but risks sanctions on even more ships.
“If rerouted to shorter-haul destinations, crude ton-miles could decline by just 0.3%, potentially reducing VLCC spot rates ...
Russian officials say rescue workers have successfully removed almost 1,500 tons of oil stranded onboard a tanker that ran ...
At the end of February, US sanctions will come into force against more than 160 tankers that transported Russian oil. To ...
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...
The "shadow fleet" comprises often aging, uninsured ships that aim to evade sanctions on Russian energy exports.