Thursday, June 23, 2022
wave breaking over tanker

Shipping Costs Soar as Russian Fallout Upends Fuel Flows

By Elizabeth Low (Bloomberg) — The dislocation of global fuel markets after Russia’s invasion of Ukraine has boosted the cost of shipping products

59 mins ago
Total Views: 194

Thursday, June 16, 2022
tanker at sea

DNV: Tankers May Face Challenges Calling California Once New At-Berth Regulations Take Effect

Tankers may face challenges when calling California ports and terminals once new amendments to the state’s Ocean-Going Vessels At-Berth Regulation take

June 16, 2022
Total Views: 2877

Wednesday, June 8, 2022
LNG carrier with letters L N G on side

Tsakos Energy Navigation Plans Expansion of LNG Tanker Fleet

By Ira Breskin ATHENS — Tsakos Energy Navigation Ltd., a leading tanker operator, plans to “opportunistically expand its (modest size) LNG tanker fleet

June 8, 2022
Total Views: 1421

Friday, May 27, 2022

Iran Seizes Two Greek Tankers After U.S. Confiscates Oil Cargo

DUBAI/ATHENS, May 27 (Reuters) – Iranian forces seized two Greek tankers in the Gulf on Friday, shortly after Tehran warned it would take

May 27, 2022
Total Views: 47171

Thursday, May 19, 2022
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog

More Russian Oil Heading East Squeezes Iranian Crude Sales to China

By Bozorgmehr Sharafedin, Florence Tan and Chen Aizhu LONDON, May 19 (Reuters) – Iran’s crude exports to China have fallen sharply since the

May 19, 2022
Total Views: 3667

two tankers conduct ship-to-ship transfer

Greece Emerging as Hub for Russian Ship-to-Ship Fuel Oil Transfers

By Rowena Edwards, Angeliki Koutantou and Ahmad Ghaddar LONDON/ATHENS, May 18 (Reuters) – Russian fuel oil arrivals offshore Greece

May 19, 2022
Total Views: 16143

Tuesday, May 17, 2022
tanker in suez canal

Flotilla of Tankers Takes Russian Oil Through Suez Canal to Asia

By Julian Lee (Bloomberg) — Russia’s seaborne crude exports from its western ports to Asian countries, predominantly India and China, rebounded to

May 17, 2022
Total Views: 18327


Seaborne Oil a Lifeline as German, Polish Refiners Swerve Russian Supply

By Shadia Nasralla LONDON, May 17 (Reuters) – Sea-borne oil has thrown a lifeline to refiners in eastern Germany and Poland, with non-Russian

May 17, 2022
Total Views: 1945

Thursday, May 12, 2022
Product Tanker Loading Gasoline In Venezuela Port

From the Maldives to Venezuela: How Iran Uses Tankers to Help Get Oil to An Ally

By Marianna Parraga HOUSTON, May 12 (Reuters) – A Venezuela-owned tanker in March sailed to a remote spot in the Indian Ocean and met an

May 12, 2022
Total Views: 2329

Wednesday, May 4, 2022

Navios Purchases Four LR2 Tankers for $250 Million

Angeliki Frangou’s Navios Maritime Partners (NYSE: NMM) has agreed to purchase four newbuild 115,000 dwt LR2 tankers. The vessels are being acquired for

May 4, 2022
Total Views: 3707

tanker at sea

EU Targets Russia’s Global Oil Trade With Shipping Sanctions

By Nikos Chrysoloras, Alberto Nardelli, Alex Longley and Alaric Nightingale (Bloomberg) — The European Union is seeking to go beyond an import ban on

May 4, 2022
Total Views: 1955

Saturday, April 30, 2022

More Of Europe’s Crude Supply Is Coming From Deep In The Heart Of Texas

By Arathy Somasekhar and Stephanie Kelly HOUSTON,(Reuters) – U.S. crude exports to Europe climbed in March and April as buyers across the Atlantic

April 30, 2022
Total Views: 2044

Friday, April 22, 2022
oil tanker at sea

Gasoline Imports Flowing to U.S. West Coast Near-Record Pace

By Chunzi Xu (Bloomberg) — The U.S. West Coast is importing gasoline at a near-record pace this month to help ease supply constraints amid eye-popping

April 22, 2022
Total Views: 2136

Thursday, April 21, 2022
oil tanker at anchor

Oil Climbs With Supply Risks Eclipsing China Concerns

By Devika Krishna Kumar and Sheela Tobben (Bloomberg) — Oil rose to settle at its highest in three days in a volatile session as a series of challenges

April 21, 2022
Total Views: 1177

Tuesday, April 12, 2022
oil tanker

The ESG and Ship Finance Dance: Hydrocarbons No Longer the Devil?

What a difference a day makes. A day after the announcement of the mega merger between tanker giants Frontline (“FRO”) and Euronav (“EURN”), there were

April 12, 2022
Total Views: 1383


Costs to Ship Russian Oil Rise as Daily Rates Near $350,000

By Alex Longley (Bloomberg) — Daily earnings for tankers shipping oil from Russia’s Baltic ports are soaring as shipowners continue to exercise

April 12, 2022
Total Views: 4007

Thursday, April 7, 2022
vlcc tanker

Tanker Mega-Merger: Frontline and Euronav to Combine in $4.2 Billion Deal

By Terje Solsvik and Victoria Klesty OSLO, April 7 (Reuters) – Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge

April 7, 2022
Total Views: 3018

Thursday, March 31, 2022
oil storage tankers

Biden to Release a Record 1 Million Barrels Per Day from Strategic Petroleum Reserve

WASHINGTON, March 31 (Reuters) – President Joe Biden on Thursday will announce the release of 1 million barrels of oil a day for the next six

March 31, 2022
Total Views: 1354

Tuesday, March 22, 2022
Tanker new york harbor

New York Sends Diesel Cargo to Europe in Rare Trade Flow Reversal

By Chunzi Xu (Bloomberg) — U.S. fuel markets are getting even tighter as Europe’s scramble for alternatives to Russian diesel flipped New York from a

March 22, 2022
Total Views: 4704

Monday, March 21, 2022

Pre-Ban Russian Fuel Oil Cargoes Sail for U.S. Ports

By Chunzi Xu (Bloomberg) — U.S. ports are set to admit more Russian fuel oil than they’ve seen in eight months under contracts signed prior to the

March 21, 2022
Total Views: 8141