In 1981, a businessman named Tung Chao-yung purchased a newly made supertanker from Japan's Sumitomo Heavy Industries.

ASG’s Maran Tankers unit made a big-ticket move into the shuttle tanker business last year, when it bought the entire fleet ...

Egypt is a country of profound historical and cultural significance, which makes it a destination of great interest to our ...

China’s state-owned offshore contractor Offshore Oil Engineering Company's (COOEC) deepwater pipelay and heavy-lift vessel ...

The UK will sanction as many as 100 oil tankers that it says are part of a shadow fleet of vessels helping Russia to move its ...

After increasing pressure from the United States and China, Iran began using so-called zombie vessels to supply oil. One such ...

The addition of five modern secondhand vessels — four VLCCs and one bulk carrier — and the purchase of three more VLCCs ...