Oil Tankers

By Sherry Su, Sheela Tobben and Bill Lehane (Bloomberg) — Oil supply cuts by some of the world’s top producers are curbing the need for tankers,

The war and Ukraine and EU’s ban on Russian oil products is driving product tanker rates higher, contributing to a surge in newbuild orders. The product

In the annals of maritime history, few names evoke as much awe and fascination as the Knock Nevis. Known by many names throughout her storied life—Seawise

LAGOS, July 10 (Reuters) – Nigeria’s state-owned oil firm NNPC Ltd said on Monday an 800,000-liter (211,338-U.S. gallon) vessel carrying stolen

By Prejula Prem (Bloomberg) — Saudi-owned supertankers are once again starting to cluster off the coast of Egypt, after earlier signs this week that the

By Julian Lee (Bloomberg) — A backlog of Saudi-owned supertankers that has built up off Egypt’s Red Sea coast is beginning to clear.  The number

Scorpio Tankers has secured commitments for a $1 billion term loan and revolving credit facility, which will be used to finance 45 unencumbered product

By Anthony Di Paola (Bloomberg) — A last tanker that had been waiting in the Mediterranean Sea for nearly three months to load Kurdish crude

By Alex Longley (Bloomberg) — The cost of shipping oil from Nigeria surged the most in more than a year at the end of a week in which some owners

Growth in the global demand for oil is projected to experience a significant slowdown in the coming years before stalling out this decade amid the transition

A fire broke out on a tanker berthed at a terminal in Singapore on Wednesday, but was extinguished within about two hours with no injuries or pollution

(Bloomberg) — The US may soon start unloading oil from an Iranian tanker now anchored off the coast of Texas that was seized by the Department of Justice

HOUSTON, June 8 (Reuters) – Enterprise Products Partners’ Sea Port crude oil export terminal off the coast of Texas could begin operations

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

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

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

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

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

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.

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