A record 48 oil supertankers are making their way to the US, Bloomberg reported. US crude oil production and exports are booming, while OPEC+ countries have curbed oil supply. US oil exports hit 3.99 ...

(Bloomberg) -- With US crude increasingly leaving American shores on oversized supertankers, private equity backed Sentinel Midstream LLC is looking to get in on the action, bringing its new ...

Chinese-built supertankers transporting oil into the United States could be forced to pay fees of up to $5.2 million per each port call, according to new guidelines announced by the Trump ...

A record number of supertankers is steaming toward the U.S. to load oil as shipowners look to capitalize on an increase in the nation’s crude exports. Forty-eight vessels are bound for the country in ...

BEIJING (AP) — A group of state-owned Chinese shipping companies have placed a $4.5 billion order for 50 supertankers, throwing a financial lifeline to China’s struggling shipbuilders, a newspaper ...

On Sunday, the Coswisdom Lake and South Loyalty entered the waterway and abruptly changed course, according to vessel tracking data compiled by Bloomberg. Two supertankers, each capable of hauling ...

A shortage of oil tankers is becoming so acute that newly built vessels, which usually carry refined fuels on their maiden voyages, are instead racing empty to pick up crude as soon as possible. Six ...

Made in China oil supertankers are set to be slapped with more hefty charges under America's latest proposal to penalize ships manufactured in the Asian nation. Image by ffikretow via iStock ...

At least two supertankers abruptly turned back near the Strait of Hormuz following US military strikes on Iran, according to ship-tracking data, the clearest sign yet that escalating Middle East ...

LSEG shipping data revealed on Monday that two China-flagged Supertankers, which were en route to Venezuela to pick up debt paying crude cargoes amidst the U.S. embargo against?the OPEC country?had ...