tanker

Oil Traders Shift Focus from China-Made Ships to U.S. Flows Amid Trump’s Tariffs

1 day ago

In a significant move affecting global oil trading dynamics, many traders are increasingly opting to avoid using China-made oil tankers. This shift is largely attributed to the economic ramifications of tariffs imposed during Donald Trump's presidency, which have altered the landscape for shipping and trade. The prevailing sentiment in the market suggests that these tariffs have made it costlier and more complicated for traders to navigate supply chains that involve Chinese vessels.

Heightened Security Measures as Oil Tankers Face Rising Threats from Mystery Explosions

1 month ago

In a significant escalation of maritime safety concerns, recent reports reveal that oil tankers are undergoing increased inspections for mines following a string of unexplained explosions. This development has raised alarms among industry stakeholders and governments alike, as the security of vital shipping routes becomes increasingly precarious.

Finland's Court Ruling: Detention of Tanker After Cable Incident Upheld

3 months ago

In a significant legal development, Finland's Supreme Court has upheld the detention of a tanker that became embroiled in an incident involving the severing of submarine cables in the Gulf of Finland. This ruling comes after extensive investigations and legal proceedings surrounding the controversial event that raised alarms over maritime safety and regional security.

Historic Supertanker Set for Scrap: The Dark Side of Maritime Industry

3 months ago

In an unprecedented development in the maritime industry, the first supertanker destined for scrapping in two years is making headlines. The vessel, known for its striking history, is being hailed as a “dark ship” due to its opaque ownership and dubious operational practices. This situation is raising significant concerns about regulatory practices and the environmental implications that come with the dismantling of such enormous ships.

Courage Under Fire: The Harrowing Experience of a Tanker Captain After a Houthi Attack

4 months ago

In a gripping account of heroism and survival, a tanker captain shares his harrowing experience navigating a blazing vessel following a devastating Houthi attack. As tensions escalate in the Middle East, this incident sheds light on the perilous nature of maritime operations amidst enduring geopolitical conflicts.