A couple of very large crude carriers, or VLCCs, have transited the Strait of Hormuz this week. A VLCC can carry about 2 million barrels of oil. Tanker transits on Tuesday were 90% below traffic on ...
The VLCC, previously named Lenore, was sanctioned in October 2024 as a response to Iran’s attack on Israel that month. At the ...
Swedish shipping investor Energifonden says it has enjoyed a very strong start to the year, with record profit for the first ...
Three supertankers were crossing the Strait of Hormuz on Wednesday carrying oil bound for Asian markets, after waiting in the Gulf for more than two months with 6 million barrels of Middle East crude ...
April 15 (Reuters) - The U.S. blockade on vessels entering or leaving Iranian ports adds to uncertainty over shipping through the Strait of Hormuz, which has been all-but-shut since the start of the ...