The Institute of Shipping Economics and Logistics (ISL) has taken a look at recent developments in the oil tanker market, including fleet growth, crude oil price movements, order trends, and vessel pricing dynamics. Oil tanker fleet growth in 2026.
Ukrainian forces have targeted a Russian shadow fleet oil tanker that is under sanctions by Ukraine and several other countries, according to Ukraine’s General Staff on 29 April.
The body of a welder missing since an oil tanker fire and explosion was found about 200 metres from the stricken vessel, completing a search that began the day before.
Apr 30, 2026 (Bloomberg) –The US is seeking forfeiture of two Iran-linked oil tankers seized by naval forces enforcing a blockade against the Islamic Republic, according to a senior administration official.
Tehran could be using retired ships to keep loading oil. The U.S. blockade means tankers carrying Iranian oil remain stuck in the Persian Gulf or the Gulf of Oman... .
The US blockade means a growing number of tankers carrying Iranian oil remain stuck in the Persian Gulf or the Gulf of Oman, while other ships can’t sail through the Strait of Hormuz to pick up oil.
SindhGovernor Syed Muhammad Nehal Hashmi on Monday met with family members of 11 Pakistani crew members kidnapped by pirates who hijacked an oil tanker near Somalia last week.