US Treasury Sanctions Tankers in the Name of Helping Iranian Protestors
 The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Friday, January 23,…
Tanker Rate Relief Boosts U.S. Crude, For Now
A dip in tanker rates has improved the price outlook for U.S. crude this month, as it signals…
U.S. Sanctions 29 Shadow Tankers to Further Pressure Iran and Venezuela
The Trump administration is exerting more pressure on Iran after adding a total of 29 shadow fleet…
U.S. Sanctions 29 Shadow Tankers to Further Pressure Iran and Venzuela
The Trump administration is exerting more pressure on Iran after adding a total of 29 shadow fleet…
EU Sanctions 41 Shadow Fleet Vessels and Plans Monthly Follow-Up
 The European Union added 41 more shadow fleet vessels, including tankers and bulkers, to its sanctions list…
Black Sea War Risk Insurance Jumps After Drone Strikes on Sanctioned Tankers
By Jonathan Saul LONDON, Dec 1 (Reuters) – The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian…
BIMCO Sees Tanker Markets Splitting as Geopolitics Reshape Global Oil Trade
The global tanker shipping industry stands at a crossroads as crude and product carriers face starkly different market…
US Expands Sanctions on Iran’s Energy Trade Snaring Wide Array of Companies
The United States expanded its sanctions against Iran’s energy trade with coordinated actions by both the State…
Crude Tanker Order Book Hits Nine-Year High as Fleet Renewal Accelerates
The crude tanker sector is experiencing its most significant shipbuilding boom in nearly a decade, with the order…
Russian Oil Keeps Flowing Despite U.S. and EU Pressure
President Trump has been threatening tariffs on India unless it stops buying Russian crude and the European Union…
Global Crude in Transit Reaches Record 1.24 Billion Barrels as Supply Surges
By Julian Lee (Bloomberg) — A flotilla of crude oil on the world’s oceans expanded to a fresh…
Iran’s Tanker Fleet Mysteriously Resumes Transparent AIS Transmissions After Seven-Year Blackout
Most Iranian-flagged tankers have begun transmitting properly over the Automatic Identification System (AIS) without spoofing for the first…