102.5 Million Barrels of Oil Are Enroute to China, Right Now
(Bloomberg) — Crude-oil shipments aboard supertankers bound for China fell 2.5 percent this week, according to ship-tracking data compiled by Bloomberg.
(Bloomberg) — Crude-oil shipments aboard supertankers bound for China fell 2.5 percent this week, according to ship-tracking data compiled by Bloomberg.
(Bloomberg) — The number of oil-tankers booked to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf is poised to slump to a 17-month
LONDON–The sliding price of North Sea Forties crude, the main component of global benchmark Brent, is set to find support as up to 2 million barrels of
(Dow Jones) LONDON–The price-supporting trade in crude oil from the North Sea to South Korea looks set to continue in July as Statoil ASA (STO) moves
The latest update from Teekay’s Market Analyst Christian Waldegrave on the global marine tanker markets, including a look at how OPEC oil production
LONDON (Dow Jones)–Up to 2 million barrels of North Sea Forties crude are set to head to Asia later this month, supporting the price of the grade, which
LONDON (Dow Jones)–Saudi Arabia’s state shipping company, Vela, is set to ship more oil to the U.S. this month, after a flurry of activity in March
SINGAPORE (Dow Jones)–Iran is shipping fuel oil to Singapore using a supertanker from its own fleet as Western sanctions make it difficult for buyers to
LONDON (Dow Jones)–More North Sea Forties crude is set to move to Asia this month, pushing up prices as part of an arbitrage that until December was
The Great Eastern Shipping Company Ltd. took delivery of its 318,000 DWT Very Large Crude Carrier (VLCC) Ardeshir H Bhiwandiwalla from Hyundai Heavy
Bermuda-based Knightsbridge Tankers Ltd (NASDAQ:VLCCF) reported yesterday a net income of USD 9.5 million (EUR 7.1m) for the fourth quarter of 2011, up from
SINGAPORE (Dow Jones)–Norwegian oil major Statoil ASA (STL.OS) has chartered a vessel to ship North Sea Forties crude oil to Asia, in what could be at
Oman Shipping Company S.A.O.C. (OSC) took delivery of one of their latest Very Large Crude Carrier (VLCC) the DABA, at Hyundai Heavy Industries co. Ltd’s
Following in the recent footsteps of the containership industry and their newly formed, G6 Alliance, the crude tanker industry is consolidating their assets
At about 2100hrs on 04 Jan 2012 (Singapore time), the Maritime and Port Authority of Singapore (MPA) received a report that a Singapore-registered
SINGAPORE (Dow Jones)–European trader Vitol has provisionally chartered a supertanker to ship North Sea Forties crude to Asia loading early January, in
LONDON (Dow Jones)–Total SA (FP.FR) has booked a supertanker to ship North Sea Forties crude oil–the main component of global benchmark
SINGAPORE (Dow Jones)–Asia’s crude-tanker markets may stay supported on the back of healthy demand in the coming week, though upside is limited, as
For those of you who aren’t petroleum traders, here are some definitions that may help you digest the rest of this article below. This article
Four VLCC tanker owners announced Tuesday preliminary plans to team up in an effort to cut costs amid slumping tanker rates. The four partners included in
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