Libya's Prime Minister Ali Zeidan warned on Wednesday oil tankers trying to reach ports seized by armed protesters must stay away or they could be sunk by the navy.
He made the statement after the navy fired warning shots to w
Iran's National Security and Foreign Policy Committee has drafted a bill calling for Iran to try to stop oil tankers from shipping crude through the Strait of Hormuz to countries that support sanctions against it, a committee member said on Monday
Iran has given new English names and changed the flags of many of its oil tankers, two of which are steaming towards Europe with an European Union ban on Iranian oil imports just a week away, ship tracking data shows.
The Haraz is now Free
Iranian insurance companies are ready to offer coverage for foreign oil tankers to continue shipping Iran's oil after a European Union ban comes into effect next month, the semi-official Fars news agency reported on Tuesday.
Kuwait Oil Tanker Co will start building six oil and gas tankers in 2014 and receive nine others as part of a deal with South Korea's Daewoo Shipbuilding & Marine Engineering, state-run news agency Kuna said.
The new tankers are part
Kuwait Oil Tanker Co (KOTC) has signed a $556 million contract with South Korea's Daewoo Shipbuilding & Marine Engineering to build five new tankers, the state news agency Kuna said.
The four double-hull very large crude carriers (
Exports of crude oil and oil products out of Kuwait are moving normally and all customer commitments will be met, a Kuwaiti oil industry spokesman said on Tuesday, as the customs union pledged to continue a strike that stranded sea tanker traffic
Kuwait Oil Tanker Company (KOTC) plans to contract ship builders for nine new tankers in the third phase of its fleet improvement plan, a local newspaper reported KOTC chairman as saying on Wednesday.
"Currently, there are preparations to
Turkey may introduce new fees on tankers carrying oil and other commodities through its straits to reduce traffic on the busy and environmentally sensitive waterways, Energy Minister Taner Yildiz said.
The government has said it wants to c