This was in “retaliation for oil theft by the American regime, and [the vessel is] being transferred to the ports of the Islamic Republic for delivery to judicial authorities”.
“We regret that we could not complete the merger as envisaged in July 2022, as that would have created the by far largest publicly listed tanker company,” said Frontline CEO Lars Barstad.
Indonesia released on Friday an Iranian-flagged ship it had seized four months ago over suspected illegal transfer of crude oil, an Indonesian official and Iranian state media said on Saturday.
A US-sought oil tanker "hijacked" off the coast of the United Arab Emirates after allegedly smuggling Iranian crude oil is back in Iranian waters, a United Nations agency said.
A French navy frigate intervened along with the United Nations to stop a tanker as it was on its way to load refined petroleum products from an eastern Libyan port in violations of sanctions, leaving it loitering offshore for almost a week.
The port of Tripoli was struck by projectiles on February 18, Libya’s National Oil Corp. (NOC) has said, which nearly hit an LPG tanker.
The short-term impact of the coronavirus has been seen almost entirely on demand, reducing China’s need for oil and LNG supplies.
The Gas Exporting Countries Forum (GECF) has expressed “deep concern” about sanctions in the gas sector, the group has said after a meeting in Moscow.
The Stena Impero tanker is "preparing for departure from Bandar Abbas" after being seized in Iran, a spokesman for owner Stena Bulk has said.
Iran has released seven crew members from detained British-flagged oil tanker Stena Impero and they have flown out of Iran, according to the ship's owner.
The Iranian supertanker detained last month on suspicion of hauling oil to Syria in violation of European sanctions set sail from Gibraltar waters after being released by the British territory and is now signaling Greece as its next destination.
The Government said it remains "deeply concerned" by the "unacceptable" seizure of a British-flagged oil tanker by Iranian authorities in the Persian Gulf.
The U.K. is in talks with the U.S. and other allies about beefing up their military presence in the Persian Gulf to deal with the rising threat to shipping posed by Iran.
Britain is currently backing the US in its assessment that Iran is responsible for suspected attacks on two oil tankers in the Gulf of Oman, the Foreign Secretary has said.
Saudi Arabia has said two of its oil tankers were sabotaged off the coast of the United Arab Emirates in attacks that caused "significant damage" to the vessels, one of them as it was en route to pick up Saudi oil to take to the US.
Technology specialist Cyberhawk has used UAVs to complete an inspection of an oil tanker, seven times more quickly than through traditional means.
An oil tanker carrying 22 Indian crewmen has gone missing off the coast of West Africa.
Preparations are under way to send a robot submarine to explore a sunken Iranian oil tanker where all 32 crew members are believed to have died, Chinese officials said.
Rescue ships looking for 31 missing crew members from a burning oil tanker have expanded their search area to more than 1,000 square miles (2,600 sq km), authorities said.
Firefighting vessels have resumed attempts to put out a blaze aboard an oil tanker in the East China Sea, according to media reports.
An explosion has rocked a stricken oil tanker off the coast of Shanghai, forcing maritime authorities to suspend firefighting and rescue efforts.
US military divers have recovered the bodies of all 10 sailors killed in a collision between an American destroyer and an oil tanker near Singapore.
Footage has emerged online showing a 'rogue' wave hitting a shipping tanker as it sails through the Bay of Biscay in the Atlantic.
Iraq is planing to acquire a "large fleet" of tankers in a bid to transport OPEC crude to global markets.
Oil companies booked tankers to store as many as 9 million barrels of crude in northwest Europe amid signs that space in on-land depots is filling up, a ship-operator said. The glut could get bigger still, given the region is scheduled to load the most cargoes in 4 1/2 years next month.