Belgian oil tanker company CMB.TECH posted third-quarter profit above market expectations on Thursday, powered by a long-term strategy of decarbonization and di ...

Russia provided targeting data for Houthi attacks on ships in the Red Sea, according to a report in The Wall Street Journal.

The amount of crude oil and oil products flowing through the Bab el-Mandeb, the southern chokepoint at the mouth of the Red Sea, decreased by more than 50% in the first eight months of 2024 ...

The amount of oil carried on tankers through the southern entrance to the Red Sea has more than halved ... 8.7 million bpd over the whole of 2023. Tanker volumes around the Cape of Good Hope ...

Jefferies called the military response to Iran’s 1 October barrage against Israel “relatively contained,” saying the strikes’ ...

Ruppelt, who succeeded founder Anthony Gurnee as boss in September, explained that a new US president cannot influence the age demographic of the fleet, nor big market drivers such as refinery ...

Russia has been helping Iran-backed Houthi rebels target British and Western ships in the Red Sea, defence officials believe ...

Thousands of sanctions have targeted Russia's economy, but this year it is expected to grow more than the U.S. and Europe.

The Yemen-based Houthi rebels claimed to have attacked an American oil tanker 'Olympic Spirit' in the Red Sea on October 10. Houthis said it launched 11 ballistic missiles and two drones in the ...

Ardmore Shipping is a niche tanker company focused on MR and Handysize product tankers. Check out why I downgrade ASC stock's ...