Oil Tankers

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

Friday, January 13, 2023
Oil tanker on the horizon at sunset
Shipping

Russia Using Chinese Supertankers to Ship Oil to Asia

By Nidhi Verma and Chen Aizhu NEW DELHI/SINGAPORE, Jan 13 (Reuters) – At least four Chinese-owned supertankers are shipping Russian

January 13, 2023
Total Views: 3751

An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

Russia is Increasingly Using its Own Tankers to Beat EU Sanctions

By Julian Lee (Bloomberg) — Sweeping European sanctions on the purchase and transportation of Russian oil have prompted the country to transport more

January 13, 2023
Total Views: 1545

Tuesday, January 10, 2023
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

G7 Nations Designing Price Caps on Russian Refined Oil Products

By Kevin Whitelaw (Bloomberg) — Group of Seven nations are aiming to design two price caps for Russian refined petroleum products to account for those

January 10, 2023
Total Views: 1161

Fredriksen’s Frontline Walks Away from Euronav Bid
Shipping

Fredriksen’s Frontline Walks Away from Euronav Bid

By Stephen Treloar (Bloomberg) — Frontline Plc, the shipping giant controlled by billionaire John Fredriksen, gave up plans to buy Euronav NV and

January 10, 2023
Total Views: 1386

Friday, January 6, 2023
tanker at sea
Shipping

Increased Chinese Crude Buying Spooks European Oil Traders

By Asad Zulfiqar and Sherry Su (Bloomberg) — China is snapping up cargoes of crude that would normally head to Europe, spooking the continent’s

January 6, 2023
Total Views: 4724

Thursday, December 22, 2022
tanker at sea
Shipping

Sanctions Could Cut Russia’s Baltic Oil Exports by 20%

MOSCOW, Dec 22 (Reuters) – Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December,

December 22, 2022
Total Views: 867

Tuesday, December 20, 2022
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Exxon is Avoiding Tankers with History of Transporting Russian Oil

By Asad Zulfiqar and Alex Longley (Bloomberg) — Exxon Mobil Corp., is avoiding hiring oil tankers that previously carried cargoes from Russia, putting

December 20, 2022
Total Views: 3204

Friday, December 16, 2022
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Tanker Shipowners Show Signs of Shunning Russia’s Asian Crude

By Serene Cheong, Julian Lee and Sharon Cho (Bloomberg) — There are tentative signs that oil tanker companies are avoiding sending their ships to

December 16, 2022
Total Views: 1814

Thursday, December 15, 2022
Proman Stena Bulk’s Fourth Methanol-Fueled Tanker Delivered
Shipping

Proman Stena Bulk’s Fourth Methanol-Fueled Tanker Delivered

Proman Stena Bulk has successfully taken delivery of its fourth methanol-fueled tanker, Stena Prosperous, paving the way for methanol’s uptake as a

December 15, 2022
Total Views: 1481

Wednesday, December 14, 2022
port of rotterdam storage
Shipping

Europe Fills Up On Diesel Cargoes as Russian Sanctions Near

By Jack Wittels (Bloomberg) — Europe is bringing in diesel cargoes from around the world at close to a record pace ahead of the coming ban on shipments

December 14, 2022
Total Views: 1114

two tankers conduct ship-to-ship transfer
Shipping

Russia Sets Up Baltic Sea Ship-to-Ship Terminal for Tankers

By Jack Wittels (Bloomberg) — Russia has set up a site in the Baltic Sea to allow it to transfer refined fuels from one vessel onto another in a bid

December 14, 2022
Total Views: 4679

Tuesday, December 13, 2022
Oil tankers wait at anchorage in the Black Sea off Kilyos near Istanbul, Turkey
Shipping

Turkey Reaches Deal Over New Tanker Insurance Regulations

ISTANBUL, Dec 13 (Reuters) – Turkey welcomed an agreement reached with its counterparts on Tuesday that allows the continuation of a new

December 13, 2022
Total Views: 1052

Sunday, December 11, 2022
China Shipyards Record Increased LNG Tanker Orders As S.Korea Builders Are Full Up
Shipbuilding

China Shipyards Record Increased LNG Tanker Orders As S.Korea Builders Are Full Up

By Chen Aizhu SINGAPORE, Dec 12 (Reuters) – China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as

December 11, 2022
Total Views: 1925

Friday, December 9, 2022
Oil tankers wait at anchorage in the Black Sea off Kilyos near Istanbul, Turkey
Shipping

At Least 15 Million Barrels Caught Up in Turkish Tanker Impasse

By Firat Kozok, Selcan Hacaoglu and Sherry Su (Bloomberg) — Turkey dug in on an insistence that oil tankers navigating its waters must prove they’re

December 9, 2022
Total Views: 2034

Turkish Strait Oil Tanker
Shipping

Deepening Turkish Tanker Jam Snarls Russia Oil Sanctions

By Daren Butler and Can Sezer ISTANBUL, Dec 9 (Reuters) – Turkey emerged as a critical stumbling block to a complex international plan to

December 9, 2022
Total Views: 1449

Thursday, December 8, 2022
File photo of a product tanker underway at sea
Shipping

OSG Extends Bareboat Charters with American Shipping Company

U.S.-flag energy shipping company Overseas Shipholding Group (NYSE: OSG) has exercised options to extend its bareboat charter agreements with American Shipping

December 8, 2022
Total Views: 2026

vlcc supertanker
Shipping

Supertanker Earnings Plunge on Reduced Crude Supplies

By Alex Longley and Sharon Cho (Bloomberg) — Earnings for giant supertankers carrying crude are slumping as OPEC+ production cuts and reduced releases

December 8, 2022
Total Views: 976

Oil tankers wait at anchorage in the Black Sea off Kilyos near Istanbul
Shipping

Turkey Holds Firm on Tanker Insurance Demand as Jam Worsens

(Bloomberg) — A standoff over sanctions and insurance that has caused a jam of oil tankers at the key Bosphorus shipping strait escalated on Thursday,

December 8, 2022
Total Views: 2216

Wednesday, December 7, 2022
Turkish Strait Oil Tanker
Shipping

Russia is Concerned Over Oil Tanker Jam in Bosphorus – RIA

MOSCOW, Dec 7 (Reuters) – Russia is concerned about a build-up of oil tankers in the Bosphorus Strait and is discussing the issue with

December 7, 2022
Total Views: 1957

Tuesday, December 6, 2022
Turkish Tanker Jam Leaves Millions of Barrels Stuck at Sea
Shipping

Turkish Tanker Jam Leaves Millions of Barrels Stuck at Sea

By Julian Lee and Alex Longley (Bloomberg) — Oil tankers hauling millions of barrels of Kazakh crude are being prevented from leaving the Black Sea to

December 6, 2022
Total Views: 4756