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tanker news

Wednesday, June 14, 2023
FSO Safer: The $140 Million Effort to Defuse a ‘Ticking Time Bomb’

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

June 14, 2023
Total Views: 1889

Monday, May 15, 2023
KNM Helge Ingstad sinking

Norwegian Naval Officer Found Guilty of Negligence in Warship’s Collision with Oil Tanker

OSLO, May 15 (Reuters) – A Norwegian naval officer was found guilty on Monday and sentenced to a two-month suspended jail sentence for negligence

May 15, 2023
Total Views: 15744

Wednesday, March 1, 2023
Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock

Earnings Season: Big Tankers Rake In Big Bucks

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

March 1, 2023
Total Views: 2709

Monday, August 22, 2022
New York Draws Rare Jones Act Cargoes as Fuel Stocks Drop

New York Draws Rare Jones Act Cargoes as Fuel Stocks Drop

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

August 22, 2022
Total Views: 7155

Thursday, July 28, 2022
Scorpio Says Russian Oil Ban Will Supercharge Tanker Market

Scorpio Says Russian Oil Ban Will Supercharge Tanker Market

Scorpio Tankers (NYSE: $STNG) reported the biggest quarterly profit in its history on Thursday, and said that tonne-miles will go “through the

July 28, 2022
Total Views: 5399

Monday, May 16, 2022
tanker at sea

Protesters Block Tanker with Russian Cargo from Entering UK Port

By Jonathan Saul LONDON, May 16 (Reuters) – Greenpeace protesters have blocked the entry of a Greek tanker into a southern English port due to

May 16, 2022
Total Views: 24549

Thursday, November 4, 2021
Shipping US Diesel to Europe Just Got Pricier as Rates Soar

Shipping US Diesel to Europe Just Got Pricier as Rates Soar

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

November 4, 2021
Total Views: 1723

Friday, June 26, 2020
Maritime News

Top Oil Pricing Agencies Launch New U.S. Crude Benchmarks

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

June 26, 2020
Total Views: 50

Tuesday, May 26, 2020
ships at anchor
Maritime News

Pandemic Forces Virtual Safety Checks for Oil Tankers

By Jonathan Saul LONDON, May 26 (Reuters) – Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus

May 26, 2020
Total Views: 47

Monday, May 18, 2020
oil tanker
Maritime News

Iran Warns U.S. Over Venezuela-Bound Tankers

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

May 18, 2020
Total Views: 47

Wednesday, April 8, 2020
oil tanker
Maritime News

Oil Tanker Freight Rates Fall Ahead of OPEC+ Meeting

By Roslan Khasawneh SINGAPORE, April 8 (Reuters) – Supertanker freight rates have fallen after last week’s highs as industry participants await the

April 8, 2020
Total Views: 70

Monday, March 30, 2020
vlcc tanker
Maritime News

Tanker Rates Double as Oil Contango Spreads

By Roslan Khasawneh SINGAPORE, March 30 (Reuters) – Supertanker freight rates are on the rise for a second time this month as producers, refiners and

March 30, 2020
Total Views: 360

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: 154

Monday, March 9, 2020
tanker loading
Maritime News

Oil in Grips of Chaos After Price War Triggers Historic Crash

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

March 9, 2020
Total Views: 78

Oil Tanker Bridge
Maritime News

Wanted: Tankers to Store Oil as Price War Augurs Glut

By Serene Cheong, Sharon Cho, Alex Longley and Sheela Tobben (Bloomberg) — Oil’s plunge has revived memories of the 2008-09 recession, when traders

March 9, 2020
Total Views: 212

Monday, January 20, 2020
Yannis P tanker
Maritime News

Guyana’s First Oil Sets Sail for United States

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.

January 20, 2020
Total Views: 49

Friday, October 4, 2019
vlcc tanker
Maritime News

$12 Million: Tanker Rates Soar to New Record as U.S. Sanctions on COSCO

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

October 4, 2019
Total Views: 31

Monday, June 17, 2019
An oil tanker is seen after it was attacked at the Gulf of Oman
Maritime News

Saudi Energy Minister Calls for Collective Effort to Secure Shipping Lanes

By Aaron Sheldrick and Yuka Obayashi TOKYO, June 17 (Reuters) – Saudi Arabian Energy Minister Khalid al-Falih said on Monday that countries need to

June 17, 2019
Total Views: 17

Friday, June 14, 2019
strait of hormuz
Maritime News

U.S. and Gulf Allies Face Tough Task Protecting Oil Shipping Lanes

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

June 14, 2019
Total Views: 21

Thursday, June 6, 2019
Stock photo shows an oil tanker at a terminal
Maritime News

American Oil Keeps Flowing to China Despite Mounting Trade War

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

June 6, 2019
Total Views: 14


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