News

Already in April, US crude arrivals to South Korea rose by nearly 200,000 barrels per day (kbd) month-on-month to hit 540 kbd ...
China's Cosco Shipping Energy Transportation (CSET) is clearing out some tanker tonnage in deals that could be worth more ...
Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, ...
2025 Forecast: More than 70% of the first quarter of the SPOT market days have already been secured, with an average rate of ...
Nippon Yusen Kaisha (NYK) Line, a Tokyo-headquartered shipping company, has concluded the contract to build its first very large crude oil carrier (VLCC). This 310,000-ton capacity vessel can be ...
Data showed that Unipec had booked around 23 vessels to transport crude oil from the Middle East to China. Firm demand for the Middle East to China route has pushed up the rate for a VLCC.
DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended March 31, 2025. The ...
Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists, according ...