Here are some things to look out for in the tanker market in 2025. Over the years, VLCCs have tended to set the tone for the tanker market; when they went up, they would drag the rest of the market up ...
Recent sanctions imposed by the United States have caused significant disruptions to the flow of Iranian crude oil to China, ...
In a major war, Chinese oil tankers in the Indian Ocean “would find themselves very vulnerable”, said David Brewster, a security scholar at the Australian National University. “Chinese naval ...
China currently imports over 50% of its crude oil needs Captain Feng Wanyuan told the Chinese press that the pilot-less 333 meters long tanker is equipped with an automatic navigation system that ...
WASHINGTON, Dec 13 (Reuters) - U.S. Treasury Secretary Janet Yellen told Reuters on Friday that the U.S. is looking at further sanctions on "dark fleet" tankers and will not rule out sanctions on ...
The decline in tanker rates is directly driven by weak oil demand growth, especially from China. Since late-2022, OPEC+ members have put in place policies to cut their oil output by 5.9 million ...
The volume of Iranian oil stored on tankers at sea has swelled to the highest level since late July, as broadening US ...
U.S. Treasury Secretary Janet Yellen told Reuters on Friday that the U.S. is looking at further sanctions on “dark fleet” tankers ... on Chinese banks as it seeks to reduce Russia’s oil ...
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen told Reuters on Friday that the U.S. is looking at further sanctions on "dark fleet" tankers and will not rule out sanctions on Chinese ...