Six suspected pirates were captured after shooting at an oil tanker in the Gulf of Aden along the coastline of Somalia, ...

Ballistic missiles fired by Yemen’s Houthi rebels caused “minor damage” to a Panama-flagged oil tanker traveling through the ...

A recent release sent to Rigzone by Bloomberg Intelligence (BI) warned that, according to a new analysis by BI and Bloomberg ...

China presents a paradox—a significant actor with direct interests and presence in the Red Sea, but one that has played a ...

The Norway-based oil tanker group on Dec. 18 said its vessels would avoid the Red Sea and the Gulf of Aden. The Norwegian shipping firm said on Jan. 12 it had halted all ships heading towards or ...

Product tanker markets are likely to weaken next year as the effects of Red Sea disruption unwind, Klaveness Combination Carriers (KCC) believes. The Norwegian combination carrier owner has been ...

Net profit for the Milan-listed tanker operator was $56.3m in the first three months of the year, up $2.2m compared with previous corresponding quarter. Total net revenue dipped to $105.3m, down $2m ...

The CEO of shipping giant Maersk has warned that the Red Sea disruptions that have been going on since December 2023 could last into 2025.

OPEC+ is likely to keep oil production unchanged in June due to stable inventories and prices, but may rescind some previous ...

Tanker ordering has surged in the first few months of 2024 as shipowners owners seek to renew ageing fleets and add new ...

“Oil tanker shipments continue to be rerouted away from transit through the Red Sea,” the analysts stated in the report. “The ...

Brazilian energy major Petrobras has loaded diesel from India on board a Suezmax crude oil tanker after a month-long delay, ...