An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged.

The MV Sounion carrying one million barrels of crude oil was struck in August and later sabotaged with explosives by the Houthis as part of their solidarity campaign with Hamas over the war in Gaza. V ...

London-listed shipbroker Braemar has painted a mixed picture for tankers if the Gaza ceasefire holds and the Houthis stop ...

The Greek-flagged, Sounion was first attacked on Aug. 21 with small arms, projectiles, and a drone boat by the Iran-backed ...

The hiatus in Houthi attacks on Red Sea shipping is likely to further weaken falling rates in the chemical tanker sector. Investment bank Norne Securities believes a gradual return to normality in the ...

Comments by Frontline Management's chief executive Lars Barstad reflect scepticism in shipping circles about improved safety ...

DUBAI, United Arab Emirates — An oil tanker that burned for weeks in the Red Sea after being attacked by Yemen’s Houthi rebels and threatening a massive oil spill has been salvaged ...

The recovery of the oil tanker Sounion, which was attacked and badly damaged by the Yemeni Houthi militia in the Red Sea last year, has been successfully completed, according to a security service ...

A risky operation to salvage an oil tanker attacked by Houthi militants in the Red Sea and avert what could have been one of ...

According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in ...