Friday, September 30, 2022

First Wind-Assisted Supertanker Delivered in China

The world’s first partially sail-powered supertanker has been delivered in China. The M/V New Aden was delivered this month by Dalian Shipbuilding

42 mins ago
Total Views: 159

Tuesday, September 20, 2022

Surging Shipping Costs Threaten Next Energy Crunch

By Ann Koh (Bloomberg) — Costs for shipping energy are surging as Europe’s scramble for supplies creates a shortage of vessels to carry essential

September 20, 2022
Total Views: 836

Saturday, September 17, 2022
Baltic Russian Icebreaker

Don’t Play Russian Roulette With Baltic Oil Tankers

By Javier Blas (Bloomberg) Every day, dozens of oil tankers cross the narrow waterway. It’s a linchpin of global trade. Shut it down and gasoline prices

September 17, 2022
Total Views: 17462


Oil Tanker Rates Bubbling Up As Russia Disrupts Trade

(Bloomberg) –Benchmark oil tanker earnings topped $50,000 a day for the first time in more than two years as Russia’s invasion of Ukraine upends global

September 17, 2022
Total Views: 1726

Monday, September 12, 2022
vlcc tanker

Shipowners Rush for Ice-Class Tankers to Move Russian Oil This Winter

By Jack Wittels (Bloomberg) — Oil tanker owners are snapping up vessels that can haul cargoes in icy seas, a development that could help Moscow overcome

September 12, 2022
Total Views: 6187

Friday, September 9, 2022
tanker at sea

EU Ban on Russian Fuel Imports Seen as Boon for Global Tanker Demand

By Jack Wittels (Bloomberg) — The European Union’s ban on Russian fuel imports is likely to actually increase the world’s need for oil tankers,

September 9, 2022
Total Views: 6171


Product Tanker Markets Are Humming: This Time It Could Be Different

By Barry Parker (gCaptain) – “All of these markets are humming” was the report from Lars Dencker Nielsen, the Commercial Director     

September 9, 2022
Total Views: 1603

Thursday, September 1, 2022
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog

Big Names Livening Up the Tanker Party

By Barry Parker (gCaptain) – Moving deep into 2022’s Q3, the shares in listed tanker companies have been dominating investor interest, as attention has

September 1, 2022
Total Views: 888

Wednesday, August 24, 2022
tanker at sea

U.S. to Continue Record Crude Exports in 2023 as Energy Crisis Deepens

By Sheela Tobben and Devika Krishna Kumar (Bloomberg) — US crude sales overseas are set to hit fresh records through next year as American oil

August 24, 2022
Total Views: 1921

two tankers conduct ship-to-ship transfer

Sanctions-Hit Russia Sending Fuel Oil to Asia Using Ship-to-Ship Transfers

MOSCOW, Aug 24 (Reuters) – Under pressure from Western sanctions, Russia is exporting more fuel oil to Asia and using ship-to-ship transfers to

August 24, 2022
Total Views: 2533

Wednesday, August 17, 2022

Spanish Town Facing Water Shortage Turns to Tanker for Freshwater Supply

By Clara Hernanz Lizarraga (Bloomberg) — Shipping freshwater by sea is becoming a reality in a corner of Spain that’s turned to a tanker to keep the

August 17, 2022
Total Views: 4894

Monday, August 8, 2022

Tankers See Strongest Market in 25 Years

By Kwaku Gyasi and Alex Longley (Bloomberg) — Tankers hauling everything from diesel to gasoline are experiencing a period of strength not seen in at

August 8, 2022
Total Views: 2655

Wednesday, August 3, 2022

Russia Finds a New Oil Trading Route Via Tiny Egyptian Port

By Julian Lee (Bloomberg) — Russia appears to have found a new means of getting its oil to market with western sanctions looming for Moscow. A cargo

August 3, 2022
Total Views: 5529

Saturday, July 30, 2022
Oil Spill

Coast Guard Responds To Oil Discharge From Tanker on Mississippi

NEW ORLEANS — The Coast Guard is responding to a discharge of oil from a tanker ship Friday on the Lower Mississippi River near Kenner, La.  Coast Guard

July 30, 2022
Total Views: 8300

Thursday, July 28, 2022
Oil Tanker Ship drone photo

Used Product Tankers Are Hot Property

By Elizabeth Low (Bloomberg) Russia’s invasion of Ukraine has supercharged one segment of the shipping market, with soaring freight rates prompting companies

July 28, 2022
Total Views: 3289

Tuesday, July 12, 2022

Frontline and Euronav Sign Definitive Merger Agreement Backed by John Fredriksen

Euronav and Frontline on Tuesday announced a definitive agreement to combine the two companies, potentially creating a leading independent crude tanker

July 12, 2022
Total Views: 769

Wednesday, July 6, 2022
Volodymyr Zelenskyy in Port

Zelenskyy Blasts Greek Ship Owners For Moving Russian Oil

by John Konrad (gCaptain) Yesterday at an Economist forum in Athens, Ukrainian President Volodymyr Zelenskyy blamed Greek tanker owners for undermining

July 6, 2022
Total Views: 9403

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

June 23, 2022
Total Views: 2317

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: 2949

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: 1534