Oil Tankers

By Julian Lee (Bloomberg) — A temporary halt in shipments of Russia’s Sokol crude from Sakhalin Island on the Pacific Coast was offset by a surge

By Sharon Cho and Alex Longley Feb 24, 2024(Bloomberg) –Longstanding warnings from the oil tanker industry that too few of the ships are being built

By Alex Longley and Jack Wittels (Bloomberg) — A boom in Scottish diesel imports offers a glimpse into the country’s future energy security ahead of

By Jack Wittels (Bloomberg) — Shipments of diesel from India into Europe are at the lowest since 2022 so far this month as Houthi attacks on

By Jack Wittels (Bloomberg) — The diesel market in Europe is flashing signs of tightness as refinery halts and Red Sea disruption squeeze supplies of a

By Barry Parker (gCaptain) – After leaning into a surging tanker market and selling off his fleet at, or near, its peak, what should is a shipowner to

By Arathy Somasekhar and Muyu Xu HOUSTON, Feb 6 (Reuters) – U.S. crude oil exports to Asia tumbled to 1 million barrels per day in January, the

By Sharon Cho (Bloomberg) — The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make

By Julian Lee and Alex Longley (Bloomberg) — Saudi Arabia significantly increased oil exports from its Muajjiz terminal last month, allowing them to

Rerouting tankers around the Cape of Good Hope due to Red Sea attacks can add nearly a million dollars per voyage while also doubling transit time, according

By Robert Harvey, Natalie Grover and Ahmad Ghaddar LONDON, Jan 15 (Reuters) – At least six more oil tankers were steering clear of the southern

Copenhagen-based Maersk Tankers has recently completed its acquisition of Penfield Marine, a boutique commercial management company. The move allows Maersk

By Sherry Su and Julian Lee (Bloomberg) — There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in

The U.S. Department of the Treasury has intensified its efforts to enforce the price cap on Russian oil by taking action against shipowners and vessels

HOUSTON, Dec 13 (Reuters) – Oil tanker Cururo is taking the long way from Houston to Chile: sailing the length of South America’s Atlantic coast,

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

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

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

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

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