Iran is now controlling passage through the Strait of Hormuz. This new arrangement could continue even after the current conflict ends. Gul...

Oil prices are rising in 2026 due to global tensions and supply issues. Fuel and energy are becoming costly for people and businesses. This...

The Strait of Malacca, a vital global trade artery, faces increased scrutiny following disruptions elsewhere. This busy waterway connects E...

Iranian gunboats attacked commercial ships in the Strait of Hormuz. Two Iranian oil supertankers are testing a US blockade in the Arabian S...

Oil tankers from various nations are successfully passing through the Strait of Hormuz. These vessels are carrying vital oil and gas suppli...

Asian 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 are successfully transiting the Strait of Hormuz. Vessels from various nations are carrying crude oil and refined products to d...

Indian 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's shipping ministry has granted special permission for four vessels carrying Iranian oil to dock at Sikka port. This m...

Global oil tanker rates have surged to five-year highs, driven by new US sanctions on Russian oil and increased supply from the Middle East...

The acquisition marks VLCC’s foray into specialised men's grooming and enhances new age digital commerce and product innovation capabilitie...

A merger of Frontline and Euronav, two of the biggest independent operators of crude oil tankers in the world, will result in the world's l...

Trafigura, Glencore and Vitol are holding about 1.5 million tonnes of the industrial and aviation fuel on at least seven Very Large Crude C...

"We are very committed now to the Indian market. It's very promising. India's GDP is about 7%, which is excellent compared to any other cou...

A plunge in the price of ships as assets, caused by a collapse in global growth just after owners had placed record orders for new vessels,...

The stock was at Rs 278.15, down 1.10 per cent on the BSE. It touched a high of Rs 282 and low of Rs 274.90 in trade so far.

State-owned Kuwait oil tanker Co (KOTC) plans to order six new oil tankers including four giant crude vessels at a cost of $800 million.