tankers

By Andres Guerra Luz (Bloomberg) — Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in

By Sheela Tobben and Dave Merrill (Bloomberg) — Five years ago on New Year’s Eve, the Theo T left the Texas Gulf Coast with the first U.S. shale

What a year! With 2020 coming to a close, we’re taking a look back at the maritime stories that continued to make headlines all year long. IMO 2020 The

Maersk Product Tankers has announced an agreement for the sale of 14 product tankers, a portion of which will be bareboat chartered back to the company. The

By Fabiola Zerpa, Ben Bartenstein and Peter Millard (Bloomberg) — Iran is sending its biggest fleet yet of tankers to Venezuela in defiance of U.S.

By Serene Cheong and Sheela Tobben (Bloomberg) — An armada of around 20 tankers laden with U.S. oil will be heading to Asia this month as the region

The ship’s manager confirms the Maltese-flagged MT Agrari was hit by an unknown source about one meter above the waterline, causing a breach. The vessel is

By Devika Krishna Kumar, Olga Yagova and Noah Browning NEW YORK/MOSCOW/LONDON, Nov 19 (Reuters) – China, the global oil market’s lifeline this

By Sharon Cho, Elizabeth Low and Ann Koh (Bloomberg) –China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel

Heidmar Chief Executive Officer Pankaj Khanna has taken full control of the tanker pool management company from shipping billionaire George Economou. The

Nov 5 (Reuters) – An oil tanker owned by Venezuelan state oil company Petroleos de Venezuela’s maritime division is undergoing repairs in Cuba

By David Gaffen Oct 15 (Reuters) – U.S. crude stockpiles fell sharply last week, as offshore oil production was shut due to Hurricane Delta, while

Tokyo-based shipping company Asahi Tanker Co. has placed an order for the world’s first electric-powered tankers. The two tankers, which were ordered at

By Ira Breskin – A tanker charterer should carefully vet a nominated vessel by conducting prudent risk assessments to reduce liability. In fact, it is

By Sheela Tobben and Javier Blas (Bloomberg) –Some of the world’s biggest oil traders are getting ready for the possible resurgence of a

By Florence Tan and Roslan Khasawneh SINGAPORE, Sept 10 (Reuters) – Oil major BP has provisionally chartered a supertanker to store crude oil off

By Alex Longley (Bloomberg) –Just six months ago, oil supertankers experienced a windfall as the pandemic slashed demand for crude and traders raced to

by Jessica Jaganathan (Reuters) – The court-appointed manager of Singapore Ocean Tankers is seeking to reclaim about $19 million from the Lim family

By Luc Cohen and Roslan Khasawneh NEW YORK/SINGAPORE, Aug 11 (Reuters) – A shipping joint venture between Venezuela and China has fallen apart in the

By Ryan Hesketh, Prejula Prem and Jack Wittels (Bloomberg) — For clues about how glutted the global diesel market remains, just look at the bizarre