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The State Oil Company of Azerbaijan Republic's shipping division, Azerbaijan Caspian Shipping Company (ASCO), has integrated a new Aframax tanker into its fleet, as part of its ongoing fleet expansion...

The UK has imposed sanctions on 18 Russian oil tankers and 4 tankers for transporting liquefied natural gas, the British Foreign Office announced. The department emphasizes that this is the largest pa...

Oil and petroleum product transportation through the Red Sea has decreased by more than 50% over the first eight months of the year, according to the U.S. Energy Information Administration (EIA). Oil...

The tanker "Khankendi," of the "Aframax" type and under the Azerbaijani flag, has started operations (this is the fourth such tanker in Azerbaijan), the press service of the Azerbaijan Caspian Shippin...

Russia and Azerbaijan will jointly build oil tankers, Russian President Vladimir Putin announced on August 19 following talks with Azerbaijani president Ilham Aliyev in Baku. "The Russian United Shipb...