Thursday, November 30, 2023
Tank vessel Endo Breeze underway after the fire. (Source: Martine Klingsick, Shipspotting.com)

Maintenance Error Causes Engine Room Fire on Tanker

An engine room fire aboard a Maltese-flagged tanker last year that resulted in $1.2 million in damages was caused by a maintenance error, according to the

November 30, 2023
Total Views: 3358

A tanker transits the Suez Canal

OPEC+ Agrees to Deeper Supply Cuts

By Grant Smith, Salma El Wardany and Fiona MacDonald 1(Bloomberg) — OPEC+ agreed to make 1 million barrels a day of additional oil-supply cuts to go

November 30, 2023
Total Views: 935

Wednesday, November 29, 2023
Commercial vessels, including oil tankers, wait at an anchorage in the Black Sea off Kilyos near Istanbul, Turkey, December 9, 2022. REUTERS/Umit Bektas

Flows Redirected as Oil Loadings from Black Sea Ports Remain Suspended

MOSCOW, Nov 29 (Reuters) – Oil loadings from the Black Sea port of Novorossiysk and the Caspian Pipeline Consortium (CPC) terminal

November 29, 2023
Total Views: 1233

Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock

OPEC+ Talks Continue with Prospect for Deeper Oil Cuts Unclear

By Maha El Dahan, Olesya Astakhova and Alex Lawler DUBAI/LONDON, Nov 29 (Reuters) – OPEC+ is continuing to hold talks on

November 29, 2023
Total Views: 570

Monday, November 27, 2023
Aerial view of tanker ship at sea

Greek Shipowners Avoiding Russian Oil

By Julian Lee (Bloomberg) — Oil tanker owners in Greece, the world’s most powerful shipowning nation, scaled back how much Russian crude they’re

November 27, 2023
Total Views: 2801

Friday, November 24, 2023
shutterstock_403068616 tanker nigeria

Nigeria Revives Oil Tanker Tax Issue That Drove Up Freight

By Ruth Olurounbi (Bloomberg) — Nigeria again demanded that shipping companies pay outstanding tax bills totaling millions of dollars, reviving a

November 24, 2023
Total Views: 1750

FILE PHOTO: The oil tanker Minerva Virgo, docked at a terminal at Bayonne New Jersey, U.S., March 22, 2022. REUTERS/Bjoern Kils/File Photo

Greek Shippers Exit Russian Oil Trade as U.S. Tightens Price Cap Scrutiny

MOSCOW/LONDON, Nov 23 (Reuters) – Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to

November 24, 2023
Total Views: 4286

Friday, November 17, 2023
tanker at sea

Newly Sanctioned Tankers Supplied Russian Oil to India

By Florence Tan, Muyu Xu and Nidhi Verma SINGAPORE/NEW DELHI, Nov 17 (Reuters) – Three oil tankers, newly sanctioned by Washington, regularly shipped

November 17, 2023
Total Views: 1886

Monday, November 13, 2023
Odfjell tanker Tankers Bow Olympus on the river Elbe near Wedel, Port of Elbe, April 17, 2021.

Odfjell Expands Chemical Tanker Fleet with Six Newbuilds

Oslo-based Odfjell SE, a leading global chemical tanker company, has announced the expansion of its fleet with the addition of six newbuildings. The vessels

November 13, 2023
Total Views: 1499

Thursday, November 2, 2023
Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock

Okeanis Eco Tankers Files for Direct Listing on NYSE

Greece-based Okeanis Eco Tankers Corp. (OET) has filed a registration statement with the U.S. Securities and Exchange Commission to directly list its common

November 2, 2023
Total Views: 701

Monday, October 30, 2023
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo

Russian Diesel Cargoes Set to Surge with Export Ban Lifted

By Bloomberg News (Bloomberg) — Russia plans to boost diesel shipments from its main western ports by more than half next month as the nation’s

October 30, 2023
Total Views: 3539

Friday, October 27, 2023
Oil Tanker Bridge

Tankers Line Up Off South Africa to Ensure Diesel Power

(Bloomberg) — South Africa is utilizing ships to store diesel as part of an effort to ensure supply to run generators and reduce electricity outages that

October 27, 2023
Total Views: 4962

Saturday, October 21, 2023
bonny nigeria lng. photo REUTERS/Akintunde Akinleye

Nigeria Turns To Tiny Tankers To Replace Big Broken Oil Pipeline

By Bill Lehane (Bloomberg) —Nigeria is turning to a fleet of tiny river-going tankers to boost its oil production because one of its key oil

October 21, 2023
Total Views: 2627

Monday, October 16, 2023
tanker at sea

Tanker Rates Have Surged Since Hamas Attacked Israel

By Alex Longley and Devika Krishna Kumar (Bloomberg) — The cost of transporting oil has surged on almost every mainstream trade route in the week since

October 16, 2023
Total Views: 2316

Tanker Sustains Minor Damage After Hitting Mine in Black Sea

Tanker Sustains Minor Damage After Hitting Mine in Black Sea

KYIV, Oct 16 (Reuters) – A Liberian-flagged oil products tanker hit a mine on Sunday in the Black Sea off the coast of Romania

October 16, 2023
Total Views: 1586

Friday, October 13, 2023
tanker at sea

Exxon Saddled With US-Sanctioned Oil Tanker

(Bloomberg) — Exxon Mobil Corp. is the current charterer of a tanker that was sanctioned by the US Treasury Department on Thursday for a previous breach

October 13, 2023
Total Views: 10374

M/T Alaskan Frontier. Photo courtesy OSG

OSG Acquires Tanker Alaskan Frontier for Expansion in Alaska

Overseas Shipholding Group, Inc. (OSG) has announced its agreement with BP Oil Shipping Company, USA, to purchase the tank vessel Alaskan Frontier. The Jones

October 13, 2023
Total Views: 2132

Monday, October 9, 2023
Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock

John Fredriksen’s Frontline Becomes Largest Pure Play Tanker Company

John Fredriksen’s Frontline has announced its acquisition of two dozen Very Large Crude Carriers (VLCCs) from Euronav, solidifying its position as the

October 9, 2023
Total Views: 3028

Wednesday, October 4, 2023
Sovcomflot ship bridge

Russia’s Sovcomflot Reorganizes Tanker Management to Boost Trade

LONDON/MOSCOW, Oct 4 (Reuters) – Russia’s leading tanker group Sovcomflot has transferred dozens of ships into a new Dubai based

October 4, 2023
Total Views: 712

Wednesday, September 27, 2023
War Forces Grain and Oil to Travel Record Distances, UN Says

War Forces Grain and Oil to Travel Record Distances, UN Says

(Bloomberg) — Buyers are shipping grains and oil from further and further away after Russia’s invasion of Ukraine disrupted traditional trade routes.

September 27, 2023
Total Views: 553


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