Tuesday, June 6, 2023

Russian Crude Exports Stay High as OPEC+ Partners Call for Clarity

By Julian Lee (Bloomberg) — Russian crude oil flows to international markets continue unabated, with no substantive sign of the output cuts that

June 6, 2023
Total Views: 1484

Monday, June 5, 2023

Saudi Pledges Big Oil Cuts in July as OPEC+ Extends Deal into 2024

By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA, June 4 (Reuters) – Saudi Arabia will make a deep cut to its output in July on top of a

June 5, 2023
Total Views: 960


Ports in China’s Oil Hub Shandong Scrutinizing Old Tankers -Sources

SINGAPORE, June 5 (Reuters) – Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more

June 5, 2023
Total Views: 1279

Sunday, June 4, 2023

Egypt Tows Away Stranded Tanker In Suez Canal

CAIRO, June 4 (Reuters) – An oil tanker that suffered engine failure in Egypt’s Suez Canal, briefly disrupting traffic in the vital waterway,

June 4, 2023
Total Views: 5351

Wednesday, May 31, 2023

Singapore Clamps Down on Tankers as Dark Fleet Grows

(Bloomberg) — Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the

May 31, 2023
Total Views: 2253

Monday, May 22, 2023
Russian Oil Tankers

Russian Oil Exports By Sea Show No Sign of Cuts

By Julian Lee (Bloomberg) — Russian crude oil flows to international markets still show no sign of the output cuts the country insists it is making.

May 22, 2023
Total Views: 1126

Wednesday, May 17, 2023

Russian Oil Finds Buyers in Asia

By Sharon Cho, Rakesh Sharma and Prejula Prem (Bloomberg) — Russia is finding oil customers in Asia to replace sanctions-blocked European buyers — by

May 17, 2023
Total Views: 9108

Tuesday, May 16, 2023
lng bunkering

Platts Launches Tanker Freight Benchmark Incorporating Alternative Fuel

Platts, a prominent provider of information and benchmark prices for the commodities and energy markets, has announced the launch of new tanker rate price

May 16, 2023
Total Views: 627

Thursday, May 11, 2023

Scorpio Tankers Adds to Owned Fleet with More Purchase Options

Scorpio Tankers Inc. (NYSE: STNG), a global provider of petroleum product transportation, has exercised purchase options on five additional ships as the

May 11, 2023
Total Views: 1160

Thursday, May 4, 2023
Oil tanker in Ningbo Zhoushan port

Shipping Data Reveals Surge in Oil Shipments Bound for China

By Sharon Cho and Bill Lehane (Bloomberg) — China’s recovery may be disappointing some oil bulls, but there’s one incontrovertible fact: the

May 4, 2023
Total Views: 1180

Wednesday, May 3, 2023

Latest Tanker Seizure Ratchets Up Tensions for Shipping on Vital Oil Route

By Verity Ratcliffe (Bloomberg) — Iran seized a second oil tanker in less than a week, ratcheting up tensions for shipping in one of the world’s

May 3, 2023
Total Views: 2666


New Pure-Play Tanker ETF Launches on NYSE

A new ETF offering investors pure-play exposure to tanker shipping futures launched on the New York Stock Exchange today. The ETF, known as the Breakwave

May 3, 2023
Total Views: 1109

Tuesday, May 2, 2023

Russia’s Seaborne Crude Flows Climb with No Sign of Easing

By Julian Lee (Bloomberg) — Two months into Moscow’s threatened oil output cut, there is no sign of a sustained drop in crude flows out of the

May 2, 2023
Total Views: 1850

Friday, April 28, 2023

Rising Oil Prices Complicate Russian Price Cap Checks for Marine Insurers

By Alex Longley (Bloomberg) — Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if they can

April 28, 2023
Total Views: 452


Russian Oil Still Powering Europe’s Cars With Help of India

By Prejula Prem and Sharon Cho (Bloomberg) — Russian oil is still powering Europe — just with the help of India. Back in December, the European Union

April 28, 2023
Total Views: 1765

Thursday, April 20, 2023
oil tanker

Mumbai-Based Tanker Company Loses Insurance Over Russian Oil

By Alex Longley and Julian Lee (Bloomberg) — An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet

April 20, 2023
Total Views: 15983

Navy oiler tanker at night

Replenishing Controversy: The US Navy’s New Tanker Program

By John Konrad (gCaptain) A Congressional Research Study update by Ronald O’Rourke shows the US Navy has earmarked $8.8 million in research and

April 20, 2023
Total Views: 6355

Tuesday, April 11, 2023
oil tanker vlcc ship shipping

Russia’s Flagship Oil Is Moving Ever Closer to $60-a-Barrel Price Cap

By Sharon Cho (Bloomberg) — The price of Russian oil is nearing a threshold that could create complications for the country’s biggest buyers. 

April 11, 2023
Total Views: 3167

Thursday, April 6, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog

Western Curbs on Russian Oil Products Redraw Global Shipping Map

By Mohi Narayan and Jonathan Saul NEW DELHI/LONDON, April 6 (Reuters) – Global fuel suppliers are turning to longer and costlier routes that

April 6, 2023
Total Views: 1832

Tuesday, April 4, 2023

Fredriksen Becomes Euronav’s Largest Shareholder

Shipping magnate John Fredriksen has increased his stake in Belgian tanker company Euronav, making him the largest shareholder. According to a filing with the

April 4, 2023
Total Views: 1106