Greek, Indian tankers U-turn before Hormuz amid reopening doubtSeveral oil tankers have turned back in the Persian Gulf. This follows Iran's mixed signals on keeping the Strait of Hormuz open. Shipowner...
Indian refiner Reliance rejects Iran oil cargoes as waiver deadline loomsReliance Industries has rejected two Iranian oil cargoes. This comes just before a U.S. waiver on Iranian oil exports expires. Washington w...
Asia relying on US crude to replace Middle East supplyAsian fuel makers are turning to US crude oil. This shift is driven by disruptions in Middle Eastern supply. Countries like Japan and South...
Oil tankers transiting Strait of Hormuz since start of Iran warOil tankers are successfully transiting the Strait of Hormuz. Vessels from various nations are carrying crude oil and refined products to d...
India gets first Iranian oil in 7 years, ship tracking data showsIndian ports have received two large crude carriers loaded with Iranian oil. This marks the first purchase from Iran in seven years, enable...
West Asia War: India permits Iranian oil tankers to berth for Reliance, sources sayWest Asia War: India's shipping ministry has granted special permission for four vessels carrying Iranian oil to dock at Sikka port. This m...
Asia buys most US oil in years as Iran war blocks Mideast flowsAsian nations are buying the most US oil in three years. This surge is driven by the Strait of Hormuz crisis disrupting Persian Gulf crude ...
Oil tankers get 'dirty', ditching fuels for crude as rates boomTanker ships are shifting from carrying refined products to crude oil. This change is driven by increased freight rates for oil transport. ...
Tankers with Russian oil idle off India as refiners seek steerSeveral oil tankers carrying Russian crude are currently stationed off India's western coast, facing scrutiny amid pressure from the US and...
India's use of crude tankers to export diesel slows in MayIndian refiners reduce diesel shipments to Europe in May due to rising inventories and weak price spreads. April saw high exports, mostly f...
Rosneft moves into tanker chartering as EU ban loomsPreviously, state-controlled Rosneft, which produces more than 40% of Russian oil, would sell its oil at the port of loading, meaning the b...
Russia sanctions spur buying frenzy for ice-breaking tankersThe EU will ban seaborne imports of Russian crude to member countries from Dec. 5 and restrict its companies from shipping, insuring and fi...
Exxon declares force majeure on Russian Sakhalin-1 operationsExxon Mobil Corp said on Wednesday its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations due to sanc...
- Shipping cos set to sail out of troubled waters in Q2
The just-concluded second quarter is expected to bring some cheer for the shipping industry, which has been grappling with a difficult glob...
- Shipping Corp gets govt nod for 12 vessels
Public sector undertaking Shipping Corporation of India on Friday said it has received government's approval for acquiring 12 vessels at a ...
- Varun Shipping acquires aframax crude oil tanker
Varun Shipping Company has entered into a memorandum of agreement for acquiring its third double hull 2006 built aframax crude oil tanker.
- GE Shipping delivers 'Jag Leena' to buyers
Marine logistics services provider, Great Eastern Shipping Company Ltd on Friday said it has delivered its aframax crude carrier 'Jag Leena...