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Sunday, April 21, 2024
Oil tanker in Ningbo Zhoushan port

Oil Supertankers Headed For China Jump To The Highest In A Year

By Bill Lehane (Bloomberg) –Supertankers hauling crude oil to China surged to the highest in almost a year. Some 124 of the vessels are signaling

April 21, 2024
Total Views: 6929

Sunday, February 25, 2024
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev

Shortage Of Oil Tankers At Hand As Red Sea Attacks Divert Trade

By Sharon Cho and Alex Longley Feb 24, 2024(Bloomberg) –Longstanding warnings from the oil tanker industry that too few of the ships are being built

February 25, 2024
Total Views: 4241

Saturday, June 17, 2023
Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong

Saudi Crude Tankers Cluster Near Red Sea Coast In Rare Move

(Bloomberg) –Supertankers holding more than 20 million barrels of Saudi Arabian crude are clustered off Egypt’s Red Sea coast, the most since the

June 17, 2023
Total Views: 22831

Wednesday, March 15, 2023
Stock photo of an oil tanker moored at sea

Sentinel Sees Gulf Coast Deepwater Port Approval Coming Next Year

The 1 million-barrel-per-day GulfLink project is one of three proposed deepwater oil export terminals along the Gulf Coast with pending applications with the

March 15, 2023
Total Views: 1689

Thursday, December 8, 2022
vlcc supertanker

Supertanker Earnings Plunge on Reduced Crude Supplies

By Alex Longley and Sharon Cho (Bloomberg) — Earnings for giant supertankers carrying crude are slumping as OPEC+ production cuts and reduced releases

December 8, 2022
Total Views: 917

Saturday, September 17, 2022
Oil Tanker Rates Bubbling Up As Russia Disrupts Trade

Oil Tanker Rates Bubbling Up As Russia Disrupts Trade

(Bloomberg) –Benchmark oil tanker earnings topped $50,000 a day for the first time in more than two years as Russia’s invasion of Ukraine upends global

September 17, 2022
Total Views: 1852

Sunday, September 11, 2022
Bankers, CEOs Splash Millions On One-Week Superyacht Rentals

Bankers, CEOs Splash Millions On One-Week Superyacht Rentals

By K. Oanh Ha (Bloomberg) –Stacy Fischer-Rosenthal and her 30-strong team have had a busy summer booking private yachts for bankers, CEOs and other

September 11, 2022
Total Views: 4567

Thursday, August 12, 2021
Oil tanker in Ningbo Zhoushan port

Oil Supertankers in Doldrums With Bunker Costs High

By Damian Shepherd (Bloomberg) — The summer doldrums are here for oil supertankers. Freight rates on the benchmark route from the Middle East to Asia

August 12, 2021
Total Views: 1348

Tuesday, March 10, 2020
vlcc tanker
Maritime News

Saudis Make Rare Supertanker Bookings to Carry Flood of Oil

By Sheela Tobben, Alaric Nightingale and Serene Cheong (Bloomberg) — Saudi Arabia’s biggest tanker company booked a batch of ships to transport the

March 10, 2020
Total Views: 159

Thursday, November 7, 2019
Stock photo shows an oil tanker at a terminal
Maritime News

Texas Coast Supertanker Terminal On Track for Late 2022

By Devika Krishna Kumar NEW YORK, Nov 7 (Reuters) – Energy Transfer LP said on Thursday discussions with potential shippers to build an offshore crude

November 7, 2019
Total Views: 66

Friday, September 27, 2019
vlcc supertanker
Maritime News

Tanker Rates Soar as U.S. Sanctions Rattle Crude Trade

By Florence Tan and Chen Aizhu SINGAPORE, Sept 27 (Reuters) – Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday

September 27, 2019
Total Views: 62

Monday, June 3, 2019
vlcc tanker
Maritime News

Record Number of Supertankers Loading at Louisiana Offshore Oil Port

By Collin Eaton HOUSTON, June 3 (Reuters) – Medium-sour crudes from the U.S. Gulf of Mexico are being snapped up by overseas buyers, paving way for a

June 3, 2019
Total Views: 32

Tuesday, October 30, 2018
vlcc tanker
Maritime News

Replacing Iran’s Lost Oil Supply a Boon for Supertankers

By Alex Longley (Bloomberg) — Higher OPEC oil production and longer voyages are propelling shipowners back to good times. Just a month ago,

October 30, 2018
Total Views: 35

Tuesday, August 14, 2018
Indian VLCC Suffers Explosion Off Oman

Indian VLCC Suffers Explosion Off Oman

Update: SCI Confirms Two Casualties from VLCC Explosion A VLCC belonging to the Shipping Corporation of India suffered an explosion in a cargo tank on Tuesday

August 14, 2018
Total Views: 142

Monday, July 30, 2018
us oil exports
Maritime News

Port of Corpus Christi Bond Sale Raises $216.2 Million for Ship Channel Dredging Project

The Port of Corpus Christi has sold over $216 million in bonds to help finance the deepening and widening of the Corpus Christi Ship Channel. Currently at a

July 30, 2018
Total Views: 1087

Friday, June 29, 2018
ULCC TI Europe

Euronav Acquires Second of Two 3-Million-Barrel Supertankers Left in the World

Belgian tanker company Euronav has purchased the Ultra Large Crude Carrier Seaways Laura Lynn, making it the proud owner of the only two ULCCs in the world

June 29, 2018
Total Views: 995

Wednesday, June 20, 2018
Enterprise Expects to Load First Supertanker at Texas City Terminal Later This Month

Enterprise Expects to Load First Supertanker at Texas City Terminal Later This Month

NEW YORK, June 20 (Reuters) – Seaway Crude Pipeline Company LLC, a joint venture between Enterprise Products Partners LP and Enbridge Inc, plans to load

June 20, 2018
Total Views: 34

Friday, April 27, 2018
PHOTOS: Texas City Hosts First Supertanker

PHOTOS: Texas City Hosts First Supertanker

By Alaric Nightingale (Bloomberg) — A 2 million barrel-carrying supertanker arrived for the first time at a jetty in Texas City as surging U.S. oil

April 27, 2018
Total Views: 47

Monday, December 4, 2017
Great Eastern Shipping's tanker M/V Jag Lavanya
Maritime News

Indian State Oil Refiners Look To Boost Domestic Shipping

By Nidhi Verma (Reuters) – Two of India’s state-owned oil refiners have issued tenders seeking to charter tankers for at least five years while giving

December 4, 2017
Total Views: 99

Friday, September 1, 2017
oil tanker

VLCC Rates Continue to Sink On Tonnage Oversupply

By Keith Wallis Sept 1 (Reuters) – Freight rates for very large crude carriers (VLCCs) on Asian routes continue to sink on a glut of available

September 1, 2017
Total Views: 13


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