With no conventional VLCCs escaping the Gulf since the conflict started, Atlantic basin activity has not been enough to cover the shortfall
How Strait of Hormuz closure is impacting the VLCC market globally Read More »
LRs and MRs heading West in search of new business
Product tankers pivoting west as Middle East volumes erode, brokers say Read More »
Temporary measure would apply only to barrels on the water, Treasury secretary says
US mulls softer Iranian oil sanctions after easing restrictions on Russia and Venezuela Read More »
Deal for the Nissos Donoussa is one of many big-money VLCC fixtures to have fallen through recently
Massive Okeanis Eco Tankers VLCC fixture fails as volatility rocks markets Read More »
Four newbuildings will be split between South Korea and Vietnam
Hafnia linked to $200m tanker order at HD Hyundai Read More »