ConocoPhillips is considering selling its Norwegian operations and the Teesside terminal in the UK after receiving an ...

Japanese shipping giant Mitsui OSK Lines (MOL) will operate two 210,000-dwt ore carriers for Vale under a 25-year contract, ...

Energy data group TGS is advancing offshore exploration work in Asia and Africa through a seismic reprocessing project over Petronas’s Megah discovery offshore Malaysia and a new 10-year data ...

Kuwait Oil Tanker Company has suffered its second VLCC strike in four days, while a separate projectile attack at Saudi ...

Mitsubishi Heavy Industries is putting around ¥100bn ($635m) into expanding shipbuilding capacity at Shimonoseki, sealing a ...

Offshore towage specialist Kotug International has acquired a majority interest in Dubai-based Vortex Offshore. Financial ...

Like climbers entering the death zone above 8,000 metres en route to the summit of Everest, VLCCs have entered their own peak ...

For an industry that has spent much of the 2020s making extraordinary money from things going wrong, this week brought an ...

Greek owner Eurotankers has reportedly sold its 2009-built LR2 for $60m, continuing to cash in older tanker tonnage as ...

Singapore-listed Yangzijiang Maritime Development has built up a sizeable LR2 programme at China’s Jiangsu Haifeng ...

Harry Vafias-led Imperial Petroleum has reportedly sold its remaining suezmax, the 2008-built Suez Protopia, for $82m.

Danish product tanker giant Torm has been linked to another fleet disposal, with brokers reporting the sale of one of its ...