Swiss MSC, the world’s largest shipping company, is pushing to acquire a 50% stake in the tanker business of South Korea’s Sinokor Merchant Marine Group. The two companies plan to jointly manage the ...

Add Yahoo as a preferred source to see more of our stories on Google. Satellite imagery captured Monday shows Iran's biggest naval vessel on fire at a military port. The IRINS Makran is a large tanker ...

Oil prices have surged dramatically in early 2026, driven by the escalating Iran conflict and fears of Strait of Hormuz disruption. Crude oil surged over the weekend before settling near $84 per ...

The United States has seized a large oil tanker off the coast of Venezuela, President Donald Trump said Wednesday, which Caracas deemed a 'blatant theft' amid escalating tensions between the countries ...

Ever wondered what fuel large ships use to travel across oceans for weeks? Most commercial vessels rely on Heavy Fuel Oil ...

An oil tanker that's part of a US-military fuel procurement program was hailed by small armed ships in the Strait of Hormuz off Iran's coast. Image by SzymonBartosz via iStock (Update) February 3, ...

Newly captured satellite imagery from the ongoing conflict with Iran shows the country's biggest naval vessel — a former oil tanker converted into a floating base — on fire at a military port. The ...