Add Yahoo as a preferred source to see more of our stories on Google. Image of the Seawise Giant at sea with a smaller boat moored next to it and a tug boat nearby. - Marine Insight/YouTube From ...
A niche but crucial part of the oil market is being rocked by a huge bet from a South Korean tycoon who has amassed a large share of the tanker market — with help from one of the industry’s wealthiest ...
(CNN) — Some people watch Netflix in their spare time. Remy Osman tracks rusty tankers transporting illicit oil through one of the world’s busiest shipping lanes. From the roof of his Singapore ...
A wave of geopolitical disruption and unprecedented fleet consolidation has sent VLCC tanker rates soaring and reshaped pricing power in the global crude shipping market.
Five of the ships were aging, very large crude carriers capable of holding about 300,000 tons of oil, meaning a single accident could dwarf past disasters, the report noted.
Russian oil revenue plummets as sanctions target Putin’s cash cow - A shadow fleet has sought to skirt around sanctions ...
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Demand for non-sanctioned tankers has soared in recent months as a flood of supplies hits global oil markets, at the same time that a chunk of the fleet is subject to western sanctions ...
Humanity likes to think big. The largest man-made moving object in the world doesn't disappoint, with its sheer size dwarfing even the closest runner-up.
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