FSO Safer: The $140 Million Effort to Defuse a ‘Ticking Time Bomb’
(Bloomberg) — An operation is finally underway to transfer the oil from a stricken tanker off the coast of Yemen that maritime salvage experts have
(Bloomberg) — An operation is finally underway to transfer the oil from a stricken tanker off the coast of Yemen that maritime salvage experts have
OSLO, May 15 (Reuters) – A Norwegian naval officer was found guilty on Monday and sentenced to a two-month suspended jail sentence for negligence
By Barry Parker (gCaptain) – The listed companies running the big fleet of tankers have now reported earnings for 2022’s Q4. As last year ended, the
By Chunzi Xu (Bloomberg) — New York gasoline inventories are so low that suppliers are resorting to expensive US vessels to move fuel into the region
Scorpio Tankers (NYSE: $STNG) reported the biggest quarterly profit in its history on Thursday, and said that tonne-miles will go “through the
By Jonathan Saul LONDON, May 16 (Reuters) – Greenpeace protesters have blocked the entry of a Greek tanker into a southern English port due to
By Prejula Prem (Bloomberg) — The cost of shipping diesel and other fuels to Europe from the U.S. Gulf has surged in recent days amid signs of an
By Julia Payne and Devika Krishna Kumar LONDON/NEW YORK, June 25 (Reuters) – After U.S. crude futures took an historic plunge into negative territory in
By Jonathan Saul LONDON, May 26 (Reuters) – Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus
By Golnar Motevalli (Bloomberg) –Iran has sent an official warning to the U.S. against making threats to Iranian fuel tankers bound for Venezuela, the
By Roslan Khasawneh SINGAPORE, April 8 (Reuters) – Supertanker freight rates have fallen after last week’s highs as industry participants await the
By Roslan Khasawneh SINGAPORE, March 30 (Reuters) – Supertanker freight rates are on the rise for a second time this month as producers, refiners and
By Sheela Tobben, Alaric Nightingale and Serene Cheong (Bloomberg) — Saudi Arabia’s biggest tanker company booked a batch of ships to transport the
By James Thornhill (Bloomberg) — Oil clawed back some of its biggest drop in a generation as a battle for market share between Saudi Arabia and Russia
By Serene Cheong, Sharon Cho, Alex Longley and Sheela Tobben (Bloomberg) — Oil’s plunge has revived memories of the 2008-09 recession, when traders
By Marianna Parraga and Neil Marks Jan 20 (Reuters) – A vessel carrying Guyana’s first-ever shipment of crude set sail on Monday bound for the U.S.
NEW YORK, Oct 4 (Reuters) – Freight rates to ship U.S. crude to Asia continued to surge, with costs to charter a supertanker rising to a record $12
By Aaron Sheldrick and Yuka Obayashi TOKYO, June 17 (Reuters) – Saudi Arabian Energy Minister Khalid al-Falih said on Monday that countries need to
By Ghaida Ghantous and Rania El Gamal DUBAI, June 14 (Reuters) – The United States and its allies may need to to start escorting commercial vessels to
By Sheela Tobben (Bloomberg) — Washington’s escalating trade war with Beijing hasn’t choked off the flow of American oil to China. At least six
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