Oil Tankers

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

Wednesday, May 4, 2022
tanker at sea
Shipping

EU Targets Russia’s Global Oil Trade With Shipping Sanctions

By Nikos Chrysoloras, Alberto Nardelli, Alex Longley and Alaric Nightingale (Bloomberg) — The European Union is seeking to go beyond an import ban on

May 4, 2022
Total Views: 2123

Saturday, April 30, 2022
The Houston Ship Channel and adjacent refineries, part of the Port of Houston, are seen in Houston, Texas
Shipping

More Of Europe’s Crude Supply Is Coming From Deep In The Heart Of Texas

By Arathy Somasekhar and Stephanie Kelly HOUSTON,(Reuters) – U.S. crude exports to Europe climbed in March and April as buyers across the Atlantic

April 30, 2022
Total Views: 2152

Friday, April 22, 2022
oil tanker at sea
Shipping

Gasoline Imports Flowing to U.S. West Coast Near-Record Pace

By Chunzi Xu (Bloomberg) — The U.S. West Coast is importing gasoline at a near-record pace this month to help ease supply constraints amid eye-popping

April 22, 2022
Total Views: 2226

Thursday, April 21, 2022
oil tanker at anchor
Shipping

Oil Climbs With Supply Risks Eclipsing China Concerns

By Devika Krishna Kumar and Sheela Tobben (Bloomberg) — Oil rose to settle at its highest in three days in a volatile session as a series of challenges

April 21, 2022
Total Views: 1223

Tuesday, April 12, 2022
oil tanker
Shipping

The ESG and Ship Finance Dance: Hydrocarbons No Longer the Devil?

What a difference a day makes. A day after the announcement of the mega merger between tanker giants Frontline (“FRO”) and Euronav (“EURN”), there were

April 12, 2022
Total Views: 1494

tanker at sea
Shipping

Costs to Ship Russian Oil Rise as Daily Rates Near $350,000

By Alex Longley (Bloomberg) — Daily earnings for tankers shipping oil from Russia’s Baltic ports are soaring as shipowners continue to exercise

April 12, 2022
Total Views: 4481

Monday, April 11, 2022
Russian Oil Exports Are Forced On Longer Voyages To Find Buyers
News

Russian Oil Exports Are Forced On Longer Voyages To Find Buyers

By Julian Lee (Bloomberg) Russia’s crude oil exports, a key source of revenue for Vladimir Putin’s regime, are showing no signs that they are starting to

April 11, 2022
Total Views: 4964

Saturday, April 9, 2022
product tanker
Shipping

East Coast Jet Fuel Prices Continue Ascent, Reinforcements Out At Sea

By Laura Sanicola April 8 (Reuters) – East Coast jet fuel prices are showing no sign of retreat from record levels with nearest reinforcements

April 9, 2022
Total Views: 2296

Thursday, April 7, 2022
vlcc tanker u-turn
Shipping

Tanker Mega-Merger: Frontline and Euronav to Combine in $4.2 Billion Deal

By Terje Solsvik and Victoria Klesty OSLO, April 7 (Reuters) – Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge

April 7, 2022
Total Views: 3261

Thursday, March 31, 2022
oil storage tankers
Shipping

Biden to Release a Record 1 Million Barrels Per Day from Strategic Petroleum Reserve

WASHINGTON, March 31 (Reuters) – President Joe Biden on Thursday will announce the release of 1 million barrels of oil a day for the next six

March 31, 2022
Total Views: 1543

Tuesday, March 22, 2022
Tanker new york harbor
Shipping

New York Sends Diesel Cargo to Europe in Rare Trade Flow Reversal

By Chunzi Xu (Bloomberg) — U.S. fuel markets are getting even tighter as Europe’s scramble for alternatives to Russian diesel flipped New York from a

March 22, 2022
Total Views: 4836

Monday, March 21, 2022
tanker at sea
Shipping

Pre-Ban Russian Fuel Oil Cargoes Sail for U.S. Ports

By Chunzi Xu (Bloomberg) — U.S. ports are set to admit more Russian fuel oil than they’ve seen in eight months under contracts signed prior to the

March 21, 2022
Total Views: 8229

Wednesday, March 16, 2022
tanker underway at sea from the bridge
Shipping

Russian Oil, Fuel Cargoes Rush to U.S. Ahead of Energy Ban

By Arathy Somasekhar HOUSTON, March 16 (Reuters) – At least 10 vessels carrying Russia-linked cargoes of crude and refined products were

March 16, 2022
Total Views: 2178

Monday, March 14, 2022
tanker at sea
Shipping

Tanker Carrying Russian Cargo Bound for U.S. Sails to North African Coast

LONDON/ATHENS, March 14 (Reuters) – Marshall Islands-flagged tanker Elli, which made a Russian port call and had been bound for the United

March 14, 2022
Total Views: 51579

Friday, March 11, 2022
tanker underway
Shipping

Medium Range Tankers: Going From ‘Just in Time’ to ‘Just in Case’

There has never been a disclaimer like this (at least that I can remember) on an investor presentation: “Given the rapidly evolving situation, this written

March 11, 2022
Total Views: 8134

Thursday, March 10, 2022
Tanker new york harbor
Shipping

Tanker Chartering Documents: Safe Berths, Waiting Time and Elephants in the Room

Discussions about charter parties can be fairly dry…unless the subject is tanker chartering. The Society of Maritime Arbitrators (SMA), based in New York,

March 10, 2022
Total Views: 2958

Monday, March 7, 2022
ship loads grain at the port of Odessa, Ukraine
Shipping

Ukraine Uncertainties Cause Divergent Views for Shipping Markets

With the continued fighting in the Ukraine, and the uncertainties surrounding sanctions, port closings, embargoes, and other disrupters, the shipping markets

March 7, 2022
Total Views: 3677

Friday, March 4, 2022
tanker aerial
Shipping

China Welcomes Russian Oil Tankers With Alternative Payment Options

By Chen Aizhu (Reuters) – Chinese refiners are paying for Russian crude oil using cash transfers to maintain imports from Russia’s Fast East, as

March 4, 2022
Total Views: 16074

Thursday, March 3, 2022
oil tanker
Shipping

Russia’s Toxic Oil Sends Tanker Rates Into a Frenzy

By Sharon Cho (Bloomberg) — For clues on how toxic Russian oil has become, look no further than the trade for tankers that export it. It now costs

March 3, 2022
Total Views: 2192

Wednesday, March 2, 2022
tanker deck
Shipping

Russian Oil Disruptions Escalate Causing Global Prices to Rise

By Dmitry Zhdannikov and Julia Payne LONDON, March 2 (Reuters) – Disruptions to Russian oil exports intensified on Wednesday with more

March 2, 2022
Total Views: 1107