Friday, February 3, 2023
tanker at sea

Russia’s ‘Shadow Fleet’ of Tankers Swells to 600 Ships, Trafigura Says

By Archie Hunter, Alix Steel and Grant Smith (Bloomberg) — The “shadow fleet” of ships that transport Russian oil around the world has expanded to

5 hours ago
Total Views: 3208


Explainer: EU’s Embargo and Price Cap on Russian Oil Products

(Reuters) – A European Union ban on Russian refined petroleum products including diesel and fuel oil will take effect on Feb. 5 in an effort to curb

9 hours ago
Total Views: 255

Tuesday, January 31, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog

Western Tankers Ramp Up Russian Oil Shipments Under Price Cap

MOSCOW, Jan 31 (Reuters) – Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship

January 31, 2023
Total Views: 1066

Monday, January 30, 2023

Russia’s Oil Cargoes Surge Ahead of EU Import Ban

By Julian Lee (Bloomberg) — Russia’s seaborne oil flows look as if they are moving higher. Two possible explanations: the nation is pushing more

January 30, 2023
Total Views: 2386

tanker in new york harbor

New York Gasoline Shortage Brews Amid Fallout From EU’s Russia Ban

By Chunzi Xu (Bloomberg) — New York and much of the East Coast are at risk of a gasoline shortage this summer as the European Union’s ban of

January 30, 2023
Total Views: 3029

Wednesday, January 25, 2023
Aircraft Carrier Underway Replenishment with oiler

The US Navy Needs Tankers: A Crisis In Capability

By Captain Stephen M. Carmel (CIMSEC) The Department of Defense is projected to need on the order of one hundred tankers of various sizes in the event of a

January 25, 2023
Total Views: 15603


Socatra MR Tanker to be Fitted with Rotor Sails

French shipowner turns to auxiliary wind propulsion to help decarbonize. French tanker company Socatra has entered into a contract with Norsepower to retrofit

January 25, 2023
Total Views: 1275

Friday, January 13, 2023

Russia Using Chinese Supertankers to Ship Oil to Asia

By Nidhi Verma and Chen Aizhu NEW DELHI/SINGAPORE, Jan 13 (Reuters) – At least four Chinese-owned supertankers are shipping Russian

January 13, 2023
Total Views: 3609


Russia is Increasingly Using its Own Tankers to Beat EU Sanctions

By Julian Lee (Bloomberg) — Sweeping European sanctions on the purchase and transportation of Russian oil have prompted the country to transport more

January 13, 2023
Total Views: 1446

Tuesday, January 10, 2023
Aerial view of tanker ship at sea

G7 Nations Designing Price Caps on Russian Refined Oil Products

By Kevin Whitelaw (Bloomberg) — Group of Seven nations are aiming to design two price caps for Russian refined petroleum products to account for those

January 10, 2023
Total Views: 1022


Fredriksen’s Frontline Walks Away from Euronav Bid

By Stephen Treloar (Bloomberg) — Frontline Plc, the shipping giant controlled by billionaire John Fredriksen, gave up plans to buy Euronav NV and

January 10, 2023
Total Views: 1186

Friday, January 6, 2023

Increased Chinese Crude Buying Spooks European Oil Traders

By Asad Zulfiqar and Sherry Su (Bloomberg) — China is snapping up cargoes of crude that would normally head to Europe, spooking the continent’s

January 6, 2023
Total Views: 4600

Thursday, December 22, 2022

Sanctions Could Cut Russia’s Baltic Oil Exports by 20%

MOSCOW, Dec 22 (Reuters) – Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December,

December 22, 2022
Total Views: 802

Tuesday, December 20, 2022
Russian Oil Tankers

Exxon is Avoiding Tankers with History of Transporting Russian Oil

By Asad Zulfiqar and Alex Longley (Bloomberg) — Exxon Mobil Corp., is avoiding hiring oil tankers that previously carried cargoes from Russia, putting

December 20, 2022
Total Views: 3102

Friday, December 16, 2022
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog

Tanker Shipowners Show Signs of Shunning Russia’s Asian Crude

By Serene Cheong, Julian Lee and Sharon Cho (Bloomberg) — There are tentative signs that oil tanker companies are avoiding sending their ships to

December 16, 2022
Total Views: 1733

Thursday, December 15, 2022

Proman Stena Bulk’s Fourth Methanol-Fueled Tanker Delivered

Proman Stena Bulk has successfully taken delivery of its fourth methanol-fueled tanker, Stena Prosperous, paving the way for methanol’s uptake as a

December 15, 2022
Total Views: 1223

Wednesday, December 14, 2022
port of rotterdam storage

Europe Fills Up On Diesel Cargoes as Russian Sanctions Near

By Jack Wittels (Bloomberg) — Europe is bringing in diesel cargoes from around the world at close to a record pace ahead of the coming ban on shipments

December 14, 2022
Total Views: 1002

two tankers conduct ship-to-ship transfer

Russia Sets Up Baltic Sea Ship-to-Ship Terminal for Tankers

By Jack Wittels (Bloomberg) — Russia has set up a site in the Baltic Sea to allow it to transfer refined fuels from one vessel onto another in a bid

December 14, 2022
Total Views: 4393

Tuesday, December 13, 2022

Turkey Reaches Deal Over New Tanker Insurance Regulations

ISTANBUL, Dec 13 (Reuters) – Turkey welcomed an agreement reached with its counterparts on Tuesday that allows the continuation of a new

December 13, 2022
Total Views: 952

Sunday, December 11, 2022

China Shipyards Record Increased LNG Tanker Orders As S.Korea Builders Are Full Up

By Chen Aizhu SINGAPORE, Dec 12 (Reuters) – China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as

December 11, 2022
Total Views: 1758