The transportation of Iranian oil to China is increasingly relying on smaller, more agile tankers, as US sanctions continue ...

The shift is likely due to their ability to discharge oil at shallower Chinese berths. Read more at straitstimes.com.

AET's Lightering Support Vessel will be retrofitted with Fleetzero's plug-in hybrid-electric system as part of the initiative ...

Shipbroker BRS has noted preliminary signs of a two-tier term charter market developing for tankers. The fleet is being ...

Tanker owner Performance Shipping entered into a sale and leaseback agreement with an unaffiliated third party for a ...

Performance Shipping (PSHG) announced that, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement with ...

Year-to-date, Canadian crude tanker exports have reached 618 thousand barrels per day (kbpd) up from 388 kbpd during the same ...

Dynacom Tankers and Polembros Shipping begin receiving newbuild tankers after major investments in recent years ...

Performance Shipping has secured financing for the third of its three newbuildings under construction in China. The Greek ...

Upstream depends on being able to display ads on our services in order to finance our journalism.

As previously announced on March 12, 2024, all three newbuilding LR2 Aframax tankers have been chartered to Clearlake Shipping Pte Ltd. for a period of five years, upon delivery of the Vessel, at a ...

(Bloomberg) -- Smaller and more agile tankers are playing an increasingly important role in the transport of Iranian oil to China, as the illicit trade faces mounting pressure from US sanctions.