US Sanctions Strand Iran, Russia Oil on Tankers, Driving up Crude Costs
For Russian oil, tougher sanctions imposed a month ago by the outgoing Biden administration have driven up costs for refiners ...
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Cosco Shipping Energy ramps up fleet expansion with $480m tanker order spree
State-owned giant Cosco Shipping Energy Transportation (CSET) is expanding its tanker fleet with new orders. A filing revealed directors have approved the construction of two aframaxes, two LR2s and ...