Dubai-run GMS has applied for a U.S. license to buy and scrap ships seized by the U.S. government linked to Venezuelan oil ...

A company that usually profits from tearing ships apart now wants to dismantle some of the most controversial vessels at sea.

By Idrees Ali and Phil Stewart WASHINGTON, Jan 28 (Reuters) - The United States is handing over to Venezuela a tanker that it ...

The shipping traffic and factories never stop in China's port city of Ningbo, but the local housing market has crashed and ...

U.S. sanctions on Russia and Venezuela have boosted tonne-miles, increased floating storage, and shifted trade from shadow ...

Claudia Sheinbaum justified crude oil exports as humanitarian aid without providing concrete details about an operation that began in 2024 ...

Global trading houses are back in Venezuelan oil, with Vitol and Trafigura authorized by the Trump Administration to market ...

China has just unveiled the world’s largest car carrier, capable of transporting up to ...

Images released by the US Navy show an F/A-18E Super Hornet from Strike Fighter Squadron 87 launching from the flight deck of ...

West Texas Intermediate traded near $65 a barrel, while Brent held close to $70 after settling at the highest since July last ...

The decline was largely driven by a web of middlemen and buyers who know Tehran has limited options for unloading its sanctioned crude.

Giant cash buyer GMS is trying to buy tankers seized by the US over Venezuelan trading. The company, run by founder Anil Sharma, has applied for a government licence to acquire and then scrap the ...