tankers


Monday, June 1, 2020
vlcc tanker
Shipping News

Oil Tankers Queuing Off Chinese Coast Evidence of Rapid Rebound

By Serene Cheong and Ann Koh (Bloomberg) — Queues of tankers have formed off China’s busiest oil ports as the vessels wait to offload crude for

June 1, 2020
Total Views: 278

Stock photo shows an oil tanker at a terminal
Shipping News

Uncertainty About OPEC+ Cuts Has Oil Struggling to Sustain Rally

By Olivia Raimonde and Hailey Waller (Bloomberg) — OPEC+ and its allies will decide as soon as this week whether or not to extend their historic output

June 1, 2020
Total Views: 34

Thursday, May 28, 2020
tanker loading
Shipping News

Flurry of U.S. Crude Export Fixtures Signals Demand Recovery

By Devika Krishna Kumar NEW YORK, May 28 (Reuters) – A flurry of tentative bookings to export U.S. crude oil from the Gulf Coast suggests demand is

May 28, 2020
Total Views: 41

oil tanker
Shipping News

China, India Soak Up Oil From Floating Storage as Demand Recovers

By Shu Zhang and Florence Tan SINGAPORE, May 28 (Reuters) – The volume of crude stored on ships in Asia has come off the peaks seen earlier this month

May 28, 2020
Total Views: 81

Tuesday, May 26, 2020
Oil tanker in Ningbo Zhoushan port
Shipping News

Oil Rallies With Producers Showing Confidence by Hiking Prices

By Olivia Raimonde and Alex Longley (Bloomberg) — Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers

May 26, 2020
Total Views: 42

First of Five Iranian Tankers Docks in Venezuela
Shipping News

First of Five Iranian Tankers Docks in Venezuela

By Tibisay Romero and Deisy Buitrago VALENCIA, Venezuela/CARACAS May 25 (Reuters) – The first of five Iranian tankers carrying fuel to Venezuela has

May 26, 2020
Total Views: 62

ships at anchor
Shipping News

Pandemic Forces Virtual Safety Checks for Oil Tankers

By Jonathan Saul LONDON, May 26 (Reuters) – Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus

May 26, 2020
Total Views: 68

Monday, May 25, 2020
crude oil tankers
Shipping News

The World’s Smartest Oil Traders Have Taken to the Seas

By Julian Lee (Bloomberg Opinion) –The waters off the South African oil storage terminal at Saldanha Bay are getting busy. A small flotilla of tankers

May 25, 2020
Total Views: 149

Thursday, May 21, 2020
Oil Rally Continues as Output Cuts Hit Supply Glut
Shipping News

Oil Rally Continues as Output Cuts Hit Supply Glut

By Olivia Raimonde (Bloomberg) –Oil posted its longest streak of gains in more than a year, buoyed by output cuts across the globe that have whittled

May 21, 2020
Total Views: 74

Wednesday, May 20, 2020
tanker at sea
Shipping News

Alaskan, Canadian Crude Sent to China as Demand Recovers

By Robert Tuttle (Bloomberg) –Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is

May 20, 2020
Total Views: 103

Monday, May 18, 2020
oil tanker
Shipping News

Iran Warns U.S. Over Venezuela-Bound Tankers

By Golnar Motevalli (Bloomberg) –Iran has sent an official warning to the U.S. against making threats to Iranian fuel tankers bound for Venezuela, the

May 18, 2020
Total Views: 63

Friday, May 15, 2020
oil tanker
Shipping News

Tanker Movements Reveal China’s Splurge on Cheap Crude

By Firat Kayakiran (Bloomberg) –Chinese oil traders know bargain crude prices when they see them. That, at least, is one conclusion from the movements of

May 15, 2020
Total Views: 101

Thursday, May 14, 2020
Small Irish Terminal Draws U.S. Oil With Global Storage Filling
Shipping News

Small Irish Terminal Draws U.S. Oil With Global Storage Filling

By Sheela Tobben (Bloomberg) –A cluster of ships with American oil has been heading to a small terminal in southern Ireland as buyers search for places

May 14, 2020
Total Views: 113

Tuesday, May 12, 2020
tanker at sea
Shipping News

Saudi Crude Flotilla Faces Delays Ahead of U.S. Arrival

By Sheela Tobben (Bloomberg) –Supertankers laden with Saudi Arabian crude heading to U.S. shores are taking longer than normal to discharge as smaller

May 12, 2020
Total Views: 66

Thursday, May 7, 2020
tanker deck
News

Tankers Round the Cape as Glut Snarls Ports

By Brian Wingfield, Jack Wittels and Firat Kayakiran (Bloomberg) — When the supertanker New Vigorous arrived at the port of Antifer in northern France

May 7, 2020
Total Views: 311

euronav
News

Euronav’s Prospects Lifted by Floating Storage Demand

By Jonathan Saul and Charles Regnier LONDON, May 7 (Reuters) – Leading tanker operator Euronav posted record high first-quarter results on Thursday and

May 7, 2020
Total Views: 76

Friday, May 1, 2020
oil tanker
News

Tanker Rates Crash as OPEC+ Cuts Near. Tanker Owners Reman Bullish

By Firat Kayakiran (Bloomberg) — Oil tanker rates are crashing as a pact to limit global crude production begins. Don’t bet on the rout enduring. From

May 1, 2020
Total Views: 75

Thursday, April 30, 2020
golar seal lng carrier klaipeda
News

Business of Shipping: LNG Carriers Face Less Volatile Market Than Crude Tanker Peers

By Ira Breskin – Liquid Natural Gas carriers are addressing a less volatile short-term charter market than that experienced by crude carriers, “sister

April 30, 2020
Total Views: 300

Wednesday, April 29, 2020
tanker at sea
Shipping News

Saudi Oil Flotilla Faces Congested U.S. Ports

By Stephen Cunningham and Robert Tuttle (Bloomberg) — A fleet of supertankers carrying Saudi oil will add to the growing congestion at U.S. ports in

April 29, 2020
Total Views: 91

vlcc tanker
News

Saudi Crude Buyers Cancel at Least 7 Supertankers After Freight Hike – Sources

LONDON, April 29 (Reuters) – U.S. buyers of Saudi Arabian crude oil cancelled at least seven April-loading tankers after a jump in freight costs, two

April 29, 2020
Total Views: 91