Trump is driving uncertainty in oil markets as he pressures OPEC to boost production while threatening some trade partners ...

A chunk of Russia’s oil tanker fleet is being forced to change the flag they sail under as US and UK sanctions heap pressure ...

By the end of 2027, Safe Bulkers will have to meet liquidity needs representing 65% of its current enterprise value. See why ...

Safetytech Accelerator completes feasibility studies for Methane Abatement in Maritime Innovation Initiative. Find the latest news from the maritime industry on the PortNews website.

Fearnley Securities said that following a tough autumn and early winter, the tightening sanctions on Russian and Iranian ...

The Cook Islands-registered oil tanker Eagle S is anchored ... Moscow has resorted to using a so-called shadow fleet of hundreds of aging tankers of uncertain ownership and safety practices ...

A view of the unmaneuverable oil tanker "Eventin" off the coast of the island of Ruegen. The oil tanker, which flies the flag of Panama, drifted for several hours in the Baltic Sea off the coast ...

Germany was battling on Saturday to secure a heavily loaded tanker stranded off ... s sanctions-busting “shadow fleet”, away from shore to avert an oil spill. The 274-metre-long Eventin ...

In response, Russia has relied on tankers with opaque ownership or without proper insurance to continue lucrative oil exports. The number of ships in the “shadow fleet” has exploded since the ...

BERLIN - Germany has said that a heavily loaded tanker adrift off its northern coast on Jan 10 was part of the “shadow fleet” Moscow uses to avoid sanctions on its oil exports. Foreign ...

A Russian tanker loaded with 99,000 tonnes of oil was reported adrift off the northern coast of Germany. Part of Russia's "shadow fleet," the vessel lost power and steering. Three tugboats and a ...