Saudi crude exports from the Red Sea are increasingly vanishing from view as tankers switch off tracking signals to avoid attacks by Yemen's Iran-aligned Houthis, with analysts saying all recent Yanbu loadings have been conducted "dark".
Dubai-based GMS has won US Government approval to scrap two sanctions-hit oil tankers it acquired, months after securing agreements to recycle four sanctions-hit container ships, the ship recycler told Reuters.The use of so-called shadow fleet tankers has surged in recent…
Activists with the group Greenpeace “marked” the hull of the abandoned tanker Kairos anchored off Bulgaria as they launched a new campaign to protect the Black Sea.
CMB.Tech has sold the 2024-built Suezmax Bristol for a $56.9m gain as it continues to capitalise on historically strong tanker values.
Japanese shipping company NYK Line reported revenues of JPY727.7 billion ($4.55 billion) for the three months ended June 30, representing a 21.1 per cent increase from the same period a year earlier.
Mermaid Maritime has published its financial results for the second quarter of 2026.PerformanceTotal revenue for Q2 2026 was US$61.8 million, representing a year-on-year decrease of US$50.6 million from US$112.4 million in Q2 2025 and a quarter-to-quarter decline of US$20.3 million…
