Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...

China and India have stopped trading in Russian oil as US sanctions have caused a sharp rise in tariffs for tanker freight.

New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...

Researcher Eva Tzima says rates should improve again once newly sanctioned ships have discharged their cargoes ...

In China, newly sanctioned tankers face delays offloading oil despite meeting waiver requirements. Three of them discharged ...

A Russian oil tanker known as Unity has lost power and gone adrift in the NATO Lake while on its journey to Mangalore, India.

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.

TORM could benefit from new sanctions, with a fair value of $35 per share, offering a 60% upside potential and a 40% ...

Some of the Barbados ships have already been re-registered with other nations including Tanzania and São Tomé and Príncipe.

The Coral Nordic tanker with a batch of LNG from the Cryogaz Vysotsk plant indicated the German port as the final point of ...

HELSINKI - The Eagle S tanker seized by Finnish authorities on suspicion of ripping up subsea cables will not face a separate criminal investigation into whether its fuel cargo violates sanctions ...