Oil Tankers

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

Wednesday, February 23, 2022
Shipping

Tanker Stocks Warming Up Before The Artillery’s Boom

The stock market’s indices are all down- but the tanker stocks are up. What’s with that? Conventional wisdom has it that “disruption”, however you

February 23, 2022
Total Views: 1563

Tuesday, February 22, 2022
Shipping

Vitol CEO Sees Oil Above $100 for a ‘Prolonged Period’ This Year

By Archie Hunter and Anna Edwards (Bloomberg) — Oil prices could be set for a “prolonged period” above $100 a barrel over the next six to nine

February 22, 2022
Total Views: 1386

Shipping

Provocative Views on the Tanker Market, Disconnects, Carrots, Sticks, Penalties and Incentives

“Could I be a little bit provocative here?” asked Hugo De Stoop, the CEO of listed tanker giant Euronav- the NYSE listed owner Euronav, one of a handful of

February 22, 2022
Total Views: 1399

Monday, February 21, 2022
Shipping

Greek Tanker Manager Says Its Probing Possible Iran Oil Transfer

LONDON, Feb 21 (Reuters) – Greece-based Empire Navigation is investigating whether Iranian oil was transferred onto one of the vessels it

February 21, 2022
Total Views: 1570

Thursday, February 17, 2022
Ports

US Tanker Ports Seek Alternatives to Russian Oil

By Lucia Kassai (Bloomberg) Some U.S. producers of gasoline that have relied on imports of Russian oil are looking for alternative supplies amid heightened

February 17, 2022
Total Views: 1859

Monday, February 14, 2022
Shipping

Product Tanker Prospects: Divergent Views and Unanswered Questions

When listed companies host investor conference calls, the best information usually comes out from the seemingly perfunctory “Q and A” sessions- when equity

February 14, 2022
Total Views: 1749

Friday, February 11, 2022
Offshore

Oil Surges as Ukraine Tensions Stoke Supply Concerns

By Julia Fanzeres (Bloomberg) — Brent oil soared to $95 a barrel for the first time since 2014 as political tensions between Ukraine and Russia

February 11, 2022
Total Views: 1644

Wednesday, February 9, 2022
Shipping

HACC NACC Conference: Shipowner Hangovers, Covid Frictions, and Regulatory Punishments

A superb panel of shipowners closed out the HACC/NACC (Hellenic and Norwegian Chambers of Commerce) Shipping Conference, suitably named “Out of the Abyss-

February 9, 2022
Total Views: 545

Friday, February 4, 2022
Shipping

Oil Shipments in European Oil Hub Delayed After Cyber Attacks

By Julia Payne LONDON, Feb 4 (Reuters) – Tanker and barge shipments in and out of Europe’s biggest oil hub have been delayed by up to a week as

February 4, 2022
Total Views: 1405

Thursday, February 3, 2022
Shipping

Euronav’s Net Loss Deepens as Omicron Hits Crude Tanker Recovery

Feb 3 (Reuters) – Euronav deepened its quarterly net loss as the spread of the highly contagious Omicron variant of the coronavirus dragged on the

February 3, 2022
Total Views: 869

Tuesday, February 1, 2022
tanker underway at sea from the bridge
Shipping

Iranian Supertanker Expected to Discharge in Venezuela -Document

By Marianna Parraga (Reuters) – An Iranian supertanker carrying about 2 million barrels of condensate this week began discharging at Venezuelan state-run

February 1, 2022
Total Views: 3601

Shipping

Peru Bans Repsol from Unloading Oil Until Further Notice After Spill

LIMA, Jan 31 (Reuters) – Peru Environmnent Minister Ruben Ramirez said on Monday that the governmment will temporarily suspend

February 1, 2022
Total Views: 1196

Thursday, January 27, 2022
Shipping

A Salve for The Sluggish Tanker Market’s Stings

The 2021 Q4 earnings reports will soon be coming in. While shipping investors have done well with container and drybulk names, the tanker market has struggled-

January 27, 2022
Total Views: 1939

Friday, January 14, 2022
News

Diesel Tankers Depart Europe For Freezing U.S. East Coast

By Prejula Prem (Bloomberg) European refiners are planning to send more diesel than usual to the U.S., where inventories of the fuel are low and a cold snap

January 14, 2022
Total Views: 7180

Tuesday, November 23, 2021
Shipping

Biden Orders Release of Strategic Petroleum Reserves in Challenge to OPEC+

By Ari Natter, Jennifer Jacobs, Jennifer A. Dlouhy and Annmarie Hordern (Bloomberg) — The U.S. will release 50 million barrels of crude from its

November 23, 2021
Total Views: 984

Thursday, November 4, 2021
Shipping

Shipping US Diesel to Europe Just Got Pricier as Rates Soar

By Prejula Prem (Bloomberg) — The cost of shipping diesel and other fuels to Europe from the U.S. Gulf has surged in recent days amid signs of an

November 4, 2021
Total Views: 1770

Wednesday, November 3, 2021
Environment

Maersk Tankers Boss Says Customers Will Pay to Clean Up Shipping

By Jack Wittels (Bloomberg) — The head of a major shipping company wants a carbon tax for his industry by 2025, and he’s confident his customers are

November 3, 2021
Total Views: 1418

Thursday, September 23, 2021
Shipping

U.S. Oil Refiners Using Iraqi, Canadian Crude to Replace Storm Losses

By Arathy S Nair and Marianna Parraga HOUSTON, Sept 23 (Reuters) – U.S. oil refiners hunting to replace storm-lost U.S. Gulf of Mexico crude have been

September 23, 2021
Total Views: 974

Sunday, August 22, 2021
News

Asia Has Too Much Diesel

What will Asia do with an oversupply of diesel and what does it mean for the tanker market or bunker

August 22, 2021
Total Views: 1163

Thursday, August 12, 2021
Shipping

Oil Supertankers in Doldrums With Bunker Costs High

By Damian Shepherd (Bloomberg) — The summer doldrums are here for oil supertankers. Freight rates on the benchmark route from the Middle East to Asia

August 12, 2021
Total Views: 1400