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Every Vessel Hunter story on Crude oil: 23 stories, from 4 August 2026 to 9 October 2026. Newest: "Malaysia says it cannot police shadow fleet transfers as Iranian oil offshore runs low". Each story links to the ships and ports it names, so a name in the text opens the record behind it.

A tanker lying at anchor offshore
Dark fleet

Malaysia says it cannot police shadow fleet transfers as Iranian oil offshore runs low

Malaysia's transport minister says ship-to-ship transfers beyond port limits are outside its reach, as Iran's floating crude off Malaysia falls to about 10 million barrels.

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A large crude tanker at anchor
Vessel sales

Lila Global sells 20-year-old VLCC Vadin for $117m, nearly double its price

Lila Global has sold the 2006-built VLCC Vadin, ex-Kasagisan, for $117m, months after buying her from Mitsui OSK Lines for $60.5m.

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A crude oil tanker at sea, seen from above
Sanctions

Japan sanctions 35 shadow fleet ships in its first vessel designations

Japan has designated 35 ships tied to Russian oil exports, its first sanctions on individual vessels: services, financing and crew supply now need permission.

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Aerial view of an oil tanker at sea
Incident

Al Funtas and three more tankers hit in Hormuz as Gulf crude exports recover

Kuwait's VLCC Al Funtas and at least three other tankers were struck around the Strait of Hormuz in the last days of September, even as Gulf oil exports climbed back to near prewar volumes.

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An oil tanker with smaller vessels alongside
Sanctions

Three VLCCs stopped under the Iran blockade head across the Atlantic towards the US

Three VLCCs stopped by US forces under the Iran blockade, Tifani, Majestic X and Lenore, are sailing towards the United States with about six million barrels of Iranian crude.

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Aerial view of a crude oil tanker
Vessel sales

Onex DMCC linked to five VLCC purchases as supertanker values climb

Dubai trading house Onex DMCC is now linked to at least five VLCC purchases, from the record $200m Pinios to the 26-year-old Dennie, as the benchmark Gulf-China rate passed $1m a day.

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Aerial view of tankers at an industrial oil terminal
Industry

Shell completes $840m sale of Na Kika and Coulomb interests to Talos and Ridgewood

Shell Offshore has completed the sale of its Na Kika platform and Coulomb field interests in the US Gulf to Talos Energy and a Ridgewood Energy affiliate for about $840m in cash.

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Aerial view of a crude oil tanker at an oil terminal
Industry

Aramco begins partial restart of East-West Pipeline as Yanbu books a cargo

Saudi Aramco can now restart part of the flow on its East-West Pipeline, damaged in a drone attack on 11 September, and one crude export loading has already been scheduled at Yanbu.

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A large hull under construction in a shipyard dry dock
Industry

Chinese yards take 82% of new orders as crude routes lengthen

Chinese shipbuilders booked 121.06m dwt of new orders in the first half of 2026, 82.3% of the world total, as owners ordered large tankers for the longer crude voyages the Hormuz closure created.

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Crude oil tankers lying in port
Vessel sales

Pantheon Sells 2011-Built VLCC Sea Leopard for $135m, Above Newbuild Price

Brokers report Pantheon Tankers has sold the 2011-built, 314,000 dwt Sea Leopard for $135m, more than the headline cost of ordering a new VLCC for delivery several years out.

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Aerial view of a crude oil tanker alongside a loading terminal
Industry

Trafigura Carves Out 14-Ship VLCC Arm With $500m Placement and Oslo Listing

Trafigura is opening its VLCC fleet to outside investors through Volare Shipping, a Singapore-incorporated company raising about $500m ahead of a planned Euronext Growth Oslo listing on or about 5 October.

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A laden crude tanker under way at sea
Industry

VLCC Freight Adds $26 a Barrel and Starts to Shrink US Gulf-Asia Crude

The Middle East Gulf-China VLCC benchmark reached $1.2125m a day on 17 September, ten times its pre-conflict level, and freight now adds roughly $26 to every barrel moved from the US Gulf to Asia.

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A crude tanker alongside an oil loading terminal, seen from the air
Port activity

Yanbu Loadings Paused as East-West Pipeline Damage Halts Flow

Loading has been suspended at Yanbu after attacks on the East-West Pipeline, removing a terminal that had been lifting around four million barrels a day, roughly four percent of global supply.

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A laden crude oil tanker under way in open water
Vessel sales

Prompt VLCC Tonnage Now Outprices the Newbuilding Market

Frontline has paid out a special dividend on the sale of two VLCCs at $135m each, while the sale-and-purchase market discusses $200m for a ship available immediately.

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Aerial view of a laden crude oil tanker under way
Incident

Drone strike damages Suezmax tanker Siren in the Black Sea

The Liberia-flagged crude carrier Siren was struck by drones overnight while crossing the Black Sea, damaging her accommodation block without injuries or an oil spill.

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Crude tanker loading at an offshore terminal
Port activity

Panama Pays $191.7m for Full Ownership of Its Cross-Country Oil Corridor

Panama has bought the remaining 41% of Petroterminal de Panama, taking full state ownership of a pipeline and terminal system that works as a second canal for hydrocarbons.

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Crude tanker alongside an oil storage terminal seen from the air
Industry

Hormuz Stalemate Keeps Brent Near $86 With a $100 Risk Case in the Forecasts

The EIA has lifted its third-quarter Brent forecast by $11 to about $85 a barrel, while Rabobank now sees $90 for both the third and fourth quarters of 2026.

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Gas carrier and oil tanker under way at sea
Industry

Hormuz Transits Fall to Two Vessels in a Day, Lowest Since May

Only two ships entered the Strait of Hormuz on August 24, the lowest daily count since early May, with fewer than 20 commercial vessels crossing over the weekend.

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A laden tanker underway in open water
Sanctions

US Night Convoys Move 10 Million Barrels a Day Through the Strait of Hormuz

US forces are escorting 15 to 20 tankers a night through the Strait of Hormuz on a southern route hugging Oman, moving around 10 million barrels of oil daily.

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Aerial view of an oil tanker lying at an industrial anchorage
Sanctions

German Court Leaves Eventin Crude Cargo Sale Blocked as Case Drags

The Hamburg Finance Court has closed the expedited track and will wait for the main ruling, keeping customs barred from confiscating or selling the crude.

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First strike on a vessel calling at the Caspian Pipeline Consortium berth in almost three weeks
Incident

Suezmax Skiros Attacked After Loading at the CPC Terminal

The Greek-run Suezmax Skiros was attacked in the Black Sea after loading Russian-origin crude at the Caspian Pipeline Consortium terminal near Novorossiysk, with no injuries or pollution reported.

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Dark shuttle runs to the Gulf of Oman are moving more than four million barrels a day
Dark fleet

Covert Hormuz Crossings Are Holding Global Oil Prices in Check

Middle Eastern producers are shuttling crude out of the Persian Gulf undetected and transferring it to tankers in the Gulf of Oman, keeping Brent between $80 and $90 through August.

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Aerial view of a crude oil tanker under way
Sanctions

Russian crude discounts to India collapse as Hormuz disruption bites

Discounts on Russian Urals crude delivered to India have fallen to between $1 and $2 a barrel against dated Brent this week, according to three trade sources.

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