Oil Tankers

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

Monday, December 5, 2022
Tanker Jam Off Turkey as Price Cap on Russian Crude Kicks In
Shipping

Tanker Jam Off Turkey as Price Cap on Russian Crude Kicks In

Dec 5 (Reuters) – Oil tankers formed a traffic jam off the coast of Turkey on day one of the West’s price cap on Russian crude, with

December 5, 2022
Total Views: 2813

tanker at sea
Shipping

Russia’s European Crude Sales Collapse 

By Julian Lee (Bloomberg) — Russia’s crude oil shipments to Europe are shrinking fast. A European Union ban on seaborne imports from the country is

December 5, 2022
Total Views: 8473

tanker underway
Shipping

Russian Oil Sanctions Fuel Boom for Old Tankers

By Julia Payne and Jonathan Saul LONDON, Dec 5 (Reuters) – The market for old oil tankers is booming, and it’s all down to efforts by

December 5, 2022
Total Views: 3578

Monday, November 28, 2022
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Russia Oil Turmoil Seen Driving Tanker Market Higher

By Jonathan Saul LONDON, Nov 28 (Reuters) – Tough new sanctions on Russian oil shipments taking effect from December are likely to boost

November 28, 2022
Total Views: 1092

Saturday, November 26, 2022
Oil Freight Boom Makes $1 Million Waiting Bills More Common
Shipping

Oil Freight Boom Makes $1 Million Waiting Bills More Common

By Alex Longley and Sherry Su (Bloomberg) –With soaring shipping costs comes soaring bills for ships doing nothing. In the oil-tanker market, day rates

November 26, 2022
Total Views: 3888

Wednesday, November 23, 2022
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Russia’s Tanker Fleet Too Small to Bypass Oil Price Cap

By Noah Browning and Julia Payne LONDON, Nov 23 (Reuters) – Russia’s oil tanker fleet is too small to fully circumvent a plan by the

November 23, 2022
Total Views: 4173

Tuesday, November 22, 2022
U.S. Navy Confirms Iranian Drone Struck Tanker in Middle East
Defense

U.S. Navy Confirms Iranian Drone Struck Tanker in Middle East

A U.S. Navy analysis has confirmed that an Iranian drone was behind the November 15 attack on a Liberian-flagged commercial tanker transiting international

November 22, 2022
Total Views: 9699

tanker in storm
Shipping

Soaring Tanker Rates Pile Pressure on Crude Markets

By Sherry Su, Sharon Cho, Bill Lehane and Lucia Kassai (Bloomberg) — Soaring shipping costs are piling pressure onto physical oil markets that are

November 22, 2022
Total Views: 1389

Monday, November 21, 2022
Oil Tanker Bridge
Shipping

Russia’s War Rewires Global Crude Trade

By Elina Ganatra (Bloomberg) — Oil tanker tycoons are enjoying a surge in revenue as the sanctions triggered by Russia’s war are redrawing the global

November 21, 2022
Total Views: 2968

Friday, November 18, 2022
Britain Says Drone Circles Ship in Gulf of Oman
Shipping

Britain Says Drone Circles Ship in Gulf of Oman

DUBAI, Nov 18 (Reuters) – Britain’s maritime agency said a drone circled a ship in the Gulf of Oman on Friday, three days after an Iranian-made

November 18, 2022
Total Views: 1506

Thursday, November 17, 2022
Oil tanker British Heritage sails in the Bosphorus, on its way to the Black Sea, in Istanbul
Shipping

Turkey Adds Teeth to Russia Sanctions With Tanker-Insurance Rule

By Alex Longley, Ugur Yilmaz and Ercan Ersoy (Bloomberg) — Turkey warned the world’s oil shippers they will need to prove they’re insured to cross

November 17, 2022
Total Views: 3335

Wednesday, November 16, 2022
Eastern Pacific Shipping Tanker Hit By ‘Projectile’ Off Oman
Shipping

Eastern Pacific Shipping Tanker Hit By ‘Projectile’ Off Oman

By Maha El Dahan DUBAI, Nov 16 (Reuters) – A tanker was hit off the coast of Oman on Tuesday, sustaining minor damage to the hull with no injuries or

November 16, 2022
Total Views: 2480

Monday, November 14, 2022
vlcc tanker u-turn
Shipping

Russia Fuel Exports by Sea Surge Ahead of EU Sanctions

By Bloomberg News (Bloomberg) — Russia’s seaborne fuel exports have risen to the highest since at least 2017 this month as the nation’s refiners

November 14, 2022
Total Views: 954

Thursday, November 10, 2022
tanker at sea
Shipping

Russian Oil Cap Uncertainty Sparks Fears of Ships Stranded at Sea

By Jonathan Saul, Noah Browning and Jan Strupczewski LONDON/BRUSSELS, Nov 10 (Reuters) – Oil-laden tankers risk being left languishing at sea

November 10, 2022
Total Views: 2245

Tuesday, November 8, 2022
vlcc tanker
Shipping

Listed Tanker Owners Spreading the Wealth Around

By Barry Parker (gCaptain) – Tanker companies reporting their Q3 2022 results are enjoying vast amounts of wealth and, importantly, they are sharing

November 8, 2022
Total Views: 2029

oil tanker at sea
Shipping

Diesel Tankers Are About to Get Biggest Demand Surge Since 1993

By Alex Longley and Elina Ganatra (Bloomberg) — Oil tankers hauling fuels like gasoline and diesel are poised for their biggest demand surge in three

November 8, 2022
Total Views: 2323

Thursday, November 3, 2022
Tanker Crewman Jumps Overboard After Stabbing
Shipping

Tanker Crewman Jumps Overboard After Stabbing

One person is missing from a chemical tanker after allegedly stabbing a fellow crew member during a fight and then jumping overboard, according to French

November 3, 2022
Total Views: 6348

Oil tanker in Ningbo Zhoushan port
Shipping

U.S. Crude Exports to Asia at Record High

By Arathy Somasekhar and Muyu Xu HOUSTON/SINGAPORE, Nov 3 (Reuters) – Deliveries of U.S. crude oil to Asia are set to touch a record 1.8

November 3, 2022
Total Views: 3249

Tuesday, November 1, 2022
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers Scores a Homerun as Product Tankers Hit It Out of The Park

By Barry Parker (gCaptain) – Tanker stocks have been among the biggest gainers this year, propelled by the recovery in demand following the pandemic, the

November 1, 2022
Total Views: 2914

Friday, October 28, 2022
Chemical tanker
News

Could Clean Startups Boost The Chemical Tanker Market?

During their last quarterly update Overseas Tanker Corp ($OSG) discussed the growth of a new cargo segment for oil tankers: renewable diesel. Could chemical

October 28, 2022
Total Views: 958