Daily rates for chartering vessels to transport crude oil, LNG, iron ore, and wheat have surged dramatically in 2025 due to route disruptions, sanctions, and tight supply, with oil tanker rates ...

Oil prices settled higher on Wednesday after officials said the U.S. seized an oil tanker off the coast of Venezuela, adding ...

The United States on Wednesday seized a tanker ship off the coast of Venezuela. Attorney General Pam Bondi said in a social ...

Crude tankers are once again firing on all cylinders, with freight rates surging across all segments as oil in transit reaches its highest level in more than five years. According to data from Vortexa ...

Meanwhile, Ukraine continues to strike Russia’s oil refineries and export ports, while Moscow keeps up its bombardment of ...

Daily earnings to transport crude on key routes have seen the biggest jump this year, up 467%, while rates to ship liquefied ...

Freight rates for very large crude carriers (VLCCs) soared to their highest in more than two years, according to industry sources and LSEG data, as tanker supply tightens with a rise in Middle East ...

The United States seized a tanker off Venezuela’s coast early on the 10th, local time, which was believed to be heading toward Asia, President Donald Trump announced that day. This signifies ...

Slowing demand from China will lead to India and emerging markets absorbing the extra barrels, says Saad Rahim ...

“In a possible sign that the unwinding of OPEC+ production cuts could increase seaborne volumes, the combined crude tanker loadings of OPEC countries has jumped 24% week-on-week to 2.281 million ...