Crude Oil Shipping
3 stories tagged Crude Oil Shipping.
Middle East Export Expansion Bolsters Tanker Freight Rates
Tanker rates for crude oil transport out of the Middle East have seen significant upward movement amidst increased export volumes from the region's producers.
Tanker Incident Reported in Strait of Hormuz
A tanker transiting the Strait of Hormuz has sustained damage following an impact. The incident occurred amidst heightened regional maritime activity.
Lila Global Expands Suezmax Fleet with Second Acquisition This Year
The shipping firm reportedly acquired a 2010-built Suezmax tanker, marking its second such addition in the current year.