Oil Tankers

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

Wednesday, August 24, 2022
tanker underway at sea from the bridge
Shipping

U.S. to Continue Record Crude Exports in 2023 as Energy Crisis Deepens

By Sheela Tobben and Devika Krishna Kumar (Bloomberg) — US crude sales overseas are set to hit fresh records through next year as American oil

August 24, 2022
Total Views: 2065

two tankers conduct ship-to-ship transfer
Shipping

Sanctions-Hit Russia Sending Fuel Oil to Asia Using Ship-to-Ship Transfers

MOSCOW, Aug 24 (Reuters) – Under pressure from Western sanctions, Russia is exporting more fuel oil to Asia and using ship-to-ship transfers to

August 24, 2022
Total Views: 2805

Monday, August 22, 2022
New York Draws Rare Jones Act Cargoes as Fuel Stocks Drop
Shipping

New York Draws Rare Jones Act Cargoes as Fuel Stocks Drop

By Chunzi Xu (Bloomberg) — New York gasoline inventories are so low that suppliers are resorting to expensive US vessels to move fuel into the region

August 22, 2022
Total Views: 7225

Wednesday, August 17, 2022
Spanish Town Facing Water Shortage Turns to Tanker for Freshwater Supply
Shipping

Spanish Town Facing Water Shortage Turns to Tanker for Freshwater Supply

By Clara Hernanz Lizarraga (Bloomberg) — Shipping freshwater by sea is becoming a reality in a corner of Spain that’s turned to a tanker to keep the

August 17, 2022
Total Views: 5031

Monday, August 8, 2022
Tankers See Strongest Market in 25 Years
Shipping

Tankers See Strongest Market in 25 Years

By Kwaku Gyasi and Alex Longley (Bloomberg) — Tankers hauling everything from diesel to gasoline are experiencing a period of strength not seen in at

August 8, 2022
Total Views: 2812

Wednesday, August 3, 2022
tanker
Shipping

Russia Finds a New Oil Trading Route Via Tiny Egyptian Port

By Julian Lee (Bloomberg) — Russia appears to have found a new means of getting its oil to market with western sanctions looming for Moscow. A cargo

August 3, 2022
Total Views: 5875

Saturday, July 30, 2022
Coast Guard Responds To Oil Discharge From Tanker on Mississippi
Oil Spill

Coast Guard Responds To Oil Discharge From Tanker on Mississippi

NEW ORLEANS — The Coast Guard is responding to a discharge of oil from a tanker ship Friday on the Lower Mississippi River near Kenner, La.  Coast Guard

July 30, 2022
Total Views: 8641

Thursday, July 28, 2022
Scorpio Says Russian Oil Ban Will Supercharge Tanker Market
Finance

Scorpio Says Russian Oil Ban Will Supercharge Tanker Market

Scorpio Tankers (NYSE: $STNG) reported the biggest quarterly profit in its history on Thursday, and said that tonne-miles will go “through the

July 28, 2022
Total Views: 5474

Oil Tanker Ship drone photo
News

Used Product Tankers Are Hot Property

By Elizabeth Low (Bloomberg) Russia’s invasion of Ukraine has supercharged one segment of the shipping market, with soaring freight rates prompting companies

July 28, 2022
Total Views: 3598

Tuesday, July 12, 2022
Frontline and Euronav Sign Definitive Merger Agreement Backed by John Fredriksen
Shipping

Frontline and Euronav Sign Definitive Merger Agreement Backed by John Fredriksen

Euronav and Frontline on Tuesday announced a definitive agreement to combine the two companies, potentially creating a leading independent crude tanker

July 12, 2022
Total Views: 963

Wednesday, July 6, 2022
Volodymyr Zelenskyy in Port
Navy

Zelenskyy Blasts Greek Ship Owners For Moving Russian Oil

by John Konrad (gCaptain) Yesterday at an Economist forum in Athens, Ukrainian President Volodymyr Zelenskyy blamed Greek tanker owners for undermining

July 6, 2022
Total Views: 9692

Thursday, June 23, 2022
wave breaking over tanker
Shipping

Shipping Costs Soar as Russian Fallout Upends Fuel Flows

By Elizabeth Low (Bloomberg) — The dislocation of global fuel markets after Russia’s invasion of Ukraine has boosted the cost of shipping products

June 23, 2022
Total Views: 2457

Thursday, June 16, 2022
tanker at sea
Shipping

DNV: Tankers May Face Challenges Calling California Once New At-Berth Regulations Take Effect

Tankers may face challenges when calling California ports and terminals once new amendments to the state’s Ocean-Going Vessels At-Berth Regulation take

June 16, 2022
Total Views: 3150

Wednesday, June 8, 2022
LNG carrier with letters L N G on side.
Shipping

Tsakos Energy Navigation Plans Expansion of LNG Tanker Fleet

By Ira Breskin ATHENS — Tsakos Energy Navigation Ltd., a leading tanker operator, plans to “opportunistically expand its (modest size) LNG tanker fleet

June 8, 2022
Total Views: 1937

Friday, May 27, 2022
Iran Seizes Two Greek Tankers After U.S. Confiscates Oil Cargo
Shipping

Iran Seizes Two Greek Tankers After U.S. Confiscates Oil Cargo

DUBAI/ATHENS, May 27 (Reuters) – Iranian forces seized two Greek tankers in the Gulf on Friday, shortly after Tehran warned it would take

May 27, 2022
Total Views: 47553

Thursday, May 19, 2022
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

More Russian Oil Heading East Squeezes Iranian Crude Sales to China

By Bozorgmehr Sharafedin, Florence Tan and Chen Aizhu LONDON, May 19 (Reuters) – Iran’s crude exports to China have fallen sharply since the

May 19, 2022
Total Views: 3782

two tankers conduct ship-to-ship transfer
Shipping

Greece Emerging as Hub for Russian Ship-to-Ship Fuel Oil Transfers

By Rowena Edwards, Angeliki Koutantou and Ahmad Ghaddar LONDON/ATHENS, May 18 (Reuters) – Russian fuel oil arrivals offshore Greece

May 19, 2022
Total Views: 16767

Tuesday, May 17, 2022
tanker in suez canal
Shipping

Flotilla of Tankers Takes Russian Oil Through Suez Canal to Asia

By Julian Lee (Bloomberg) — Russia’s seaborne crude exports from its western ports to Asian countries, predominantly India and China, rebounded to

May 17, 2022
Total Views: 18728

Seaborne Oil a Lifeline as German, Polish Refiners Swerve Russian Supply
Shipping

Seaborne Oil a Lifeline as German, Polish Refiners Swerve Russian Supply

By Shadia Nasralla LONDON, May 17 (Reuters) – Sea-borne oil has thrown a lifeline to refiners in eastern Germany and Poland, with non-Russian

May 17, 2022
Total Views: 2053

Monday, May 16, 2022
tanker at sea
Shipping

Protesters Block Tanker with Russian Cargo from Entering UK Port

By Jonathan Saul LONDON, May 16 (Reuters) – Greenpeace protesters have blocked the entry of a Greek tanker into a southern English port due to

May 16, 2022
Total Views: 24623