A Greek VLCC has left Scotland after six years of operating as an oil storage vessel. The 299,000-dwt Australis (built 2003), ...

A Greek VLCC has left Scotland after six years operating as an oil storage vessel. The 299,000-dwt Australis (built 2003), ...

China's imports of Russian Far East crude and Iranian oil are set to rebound in March as non-sanctioned tankers, drawn by lucrative payoffs, joined the trade replacing vessels under U.S. embargo, ...

Spare production capacity is expected to be utilized soon. Currently, the global VLCC market consists of approximately 906 ships, 18 of which are already being used for floating storage.

The shift is likely due to their ability to discharge oil at shallower Chinese berths. Read more at straitstimes.com.

Lars Barstad; Chief Executive Officer of Frontline Management AS; Frontline Plc Inger Klemp; Chief Financial Officer of Frontline Management AS; Frontline Plc Thank you very much, dear all, and thank ...

CMB.Tech NV (CMBT) reports a robust $871 million profit, a $2 billion contract backlog, and advances in fleet rejuvenation and decarbonization strategies.