Oil Tankers

Tanker shipping news – VLCC and Aframax crude rates, product tanker fixtures, chemical carrier demand, sanctions fleet shifts and crude oil tankers.

Friday, November 24, 2023
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
Shipping

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: 4488

Friday, November 17, 2023
tanker at sea
Shipping

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: 2040

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

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: 1702

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

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: 845

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

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: 3644

Friday, October 27, 2023
Oil Tanker Bridge
Shipping

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: 5154

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

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: 2851

Monday, October 16, 2023
tanker underway at sea from the bridge
Shipping

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: 2430

Danger mines sign is pictured at an empty beach, as Russia's invasion of Ukraine continues, in Odesa, Ukraine, March 26, 2022. REUTERS/Nacho Doce
Accidents

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: 1727

Friday, October 13, 2023
tanker at sea
Shipping

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: 10618

M/T Alaskan Frontier. Photo courtesy OSG
Shipping

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: 2446

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

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: 4113

Wednesday, October 4, 2023
Sovcomflot ship bridge
Shipping

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: 871

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

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: 606

Monday, September 25, 2023
tanker at sea
Shipping

Russia Still Relies on Europe for Shipping its Oil 

By Alex Longley (Bloomberg) — Russia is still relying on European shipping to transport its oil even as the country’s supplies exceed Group-of-Seven

September 25, 2023
Total Views: 1763

Thursday, September 21, 2023
FILE PHOTO: A pipe yard servicing government-owned oil pipeline operator Trans Mountain is seen in Kamloops, British Columbia, Canada June 7, 2021. REUTERS/Jennifer Gauthier/File Photo
Shipping

Canada’s Mega Pipeline Promises to Redraw Global Oil Flows

By Lucia Kassai and Robert Tuttle (Bloomberg) — Canada, home to the world’s third-largest crude deposits, is poised to reshuffle global oil flows next

September 21, 2023
Total Views: 9819

Monday, September 18, 2023
The Stena Immaculate and Stena Imperative, which have both been selected for the Tanker Security Program. Photo courtesy Crowley
Shipping

Military Sealift Command Awards Tanker Charters

The U.S. Navy’s Military Sealift Command has awarded contracts for the time charter of three U.S.-flag tankers that are also enrolled in the U.S.

September 18, 2023
Total Views: 5539

Tuesday, August 22, 2023
File photo of a product tanker underway at sea
Shipping

Maritime Partners to Acquire AMSC’s Jones Act Tanker Fleet

Oslo-based AMSC and Maritime Partners have signed a share purchase agreement for Maritime Partners’ purchase of American Tanker Holding Company (ATHC), a

August 22, 2023
Total Views: 2171

Monday, August 21, 2023
Ship Tracker Reveals Iran’s Surging Oil Exports
Shipping

Ship Tracker Reveals Iran’s Surging Oil Exports

By Alaric Nightingale (Bloomberg) — Iran’s oil exports are surging this month, swelling global flows at a time when other producers are cutting back,

August 21, 2023
Total Views: 3526

FILE PHOTO: The tanker SCF Irtysh pictured on May 10, 2017. Photo credit: MartinLueke/Shutterstock
Shipping

Russia Ships Naphtha to China Via Northern Sea Route

MOSCOW, Aug 21 (Reuters) – Russia is shipping a rare naphtha cargo via the North Sea Route (NSR) as Moscow seeks to increase supplies using the route to

August 21, 2023
Total Views: 7109