The disruption has led to stalled trade in Russian crude loaded for March delivery as rising shipping costs created a significant price gap between buyers and sellers, according to Reuters.

Greece’s Signal Group claims it has beaten its aframax pool rivals on earnings for the last seven years. The Ioannis Martinos ...

New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...

ASC's current valuation is superior to its industry peer group, trading at 75% of NAV. I project modest earnings improvement from the Q4 forecast provided during the Q3 conference call as a result of ...

The governorship aspirant of Labour Party in Anambra State, Mr. John Chuma Nwosu has expressed his sympathy to the families of victims of fuel tanker accident which occurred last weekend at Ugwu ...

UK shipbroker Braemar is continuing to build up its specialised tanker desk with recruits from a rival and an oil and tanker ...

With its powerful camera, the French Navy surveillance plane scouring the Baltic Sea zoomed in on a cargo ship plowing the ...

Vice-President Kashim Shettima says President Bola Tinubu is seriously worried by the frequency of tanker explosion incidents ...

The Federal Road Safety Corps (FRSC) has warned Nigerians to stop scooping fuel from crashed trucks loaded with petrol ...

According to Ogungbemide, preliminary report received by Corps Marshal Shehu Mohammed indicated that the tanker, which was loaded with premium motor spirit (petrol), experienced brake failure and the ...