crude tanker

Container-ship diversions from the Red Sea will likely last for months. Are large-scale tanker diversions imminent?

Container ships have forsaken the Red Sea route but many bulk commodity vessels continue to transit the danger zone.

A growing number of ship operators are refusing to transit the Red Sea and taking a very long detour around Africa instead.

U.S. crude exports have never been higher. Overseas buyers are incentivizing American producers to pump more “black gold.”

Mainstream European tanker owners that are willing to load Russian oil are far outperforming the broader market.

The Teekay companies continue to concentrate their focus on oil and LNG shipping.