Oil Tankers

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

Wednesday, July 29, 2020
Oil tanker on the horizon at sunset
Shipping

Oil Tankers’ Strange Trips Reveal a Stubborn Glut of Diesel

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

July 29, 2020
Total Views: 100

Monday, July 20, 2020
Oil tanker in Ningbo Zhoushan port
Shipping

Oil Tanker Titans to Get Little Joy From OPEC+ Opening the Taps

By Ryan Hesketh (Bloomberg) –At almost any other moment in history, the promise of oil producers pouring millions of barrels of crude to the global

July 20, 2020
Total Views: 50

Wednesday, July 15, 2020
tanker underway at sea from the bridge
Shipping

Gunvor CEO Says Oil Trading and Shipping Thrived Amid Coronavirus Crash

By Andy Hoffman and Laura Hurst (Bloomberg) –The billionaire CEO of Gunvor Group told staff the firm thrived during the oil market meltdown caused by the

July 15, 2020
Total Views: 78

Wednesday, July 1, 2020
tanker deck
Shipping

Oil Barrels Come Off the Water as Floating Storage Boom Fades

By Jonathan Saul LONDON, July 1 (Reuters) – Tens of millions of barrels of crude and oil products stored on tankers at sea due to the coronavirus crisis

July 1, 2020
Total Views: 116

Monday, June 29, 2020
Oil Tanker Bridge
Shipping

Oil Tanker Market May Take Trump’s Sanctions In Stride This Time

By Sheela Tobben (Bloomberg) –The Trump administration’s plan to add as many as 50 oil tankers to an already long list of sanctioned vessels would be

June 29, 2020
Total Views: 96

Friday, June 26, 2020
tanker
Shipping

Top Oil Pricing Agencies Launch New U.S. Crude Benchmarks

By Julia Payne and Devika Krishna Kumar LONDON/NEW YORK, June 25 (Reuters) – After U.S. crude futures took an historic plunge into negative territory in

June 26, 2020
Total Views: 97

Wednesday, June 24, 2020
venezuela's pdvsa
Shipping News

Tankers Carrying Two-Months Worth of Venezuelan Oil are Stuck at Sea

By Marianna Parraga and Roslan Khasawneh MEXICO CITY/SINGAPORE, June 24 (Reuters) – Tankers carrying nearly two months’ worth of Venezuelan oil

June 24, 2020
Total Views: 89

U.S. Coast Guard Searching for Man Overboard from Tanker Off Cape Hatteras
Accidents

U.S. Coast Guard Searching for Man Overboard from Tanker Off Cape Hatteras

The U.S. Coast Guard is searching for a crew member of a tanker approximately 400 miles east of Cape Hatteras, North Carolina. Watchstanders at the Coast

June 24, 2020
Total Views: 131

Friday, June 12, 2020
Satellite image captured by Planet Labs shows a ship-to-ship transfer of crude off the coast of Kuala Linggi, Malaysia, on April 16, 2020. Picture taken April 16, 2020. Planet Labs/Handout via REUTERS
Shipping

Venezuelan Oil Cargoes Hidden En Route to China, Bypassing Sanctions

By Luc Cohen and Marianna Parraga CARACAS/MEXICO CITY, June 12(Reuters) – Last year, China replaced the United States as the No. 1 importer of oil from

June 12, 2020
Total Views: 462

Tuesday, June 9, 2020
Stock photo shows an oil tanker at a terminal
Shipping News

Enterprise Working to Address U.S. Regulatory Delays on Offshore Crude Terminal

June 9 (Reuters) – Enterprise Products Partners LP is working with U.S. officials to advance an offshore crude terminal project after the review schedule

June 9, 2020
Total Views: 102

Stock photo of a tanker at sea
Shipping News

U.S. Set to Sanction Dozens of Tankers Over Venezuela-Iran Oil Trade

By Saleha Mohsin (Bloomberg) — The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off

June 9, 2020
Total Views: 104

Monday, June 1, 2020
vlcc tanker u-turn
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: 296

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: 38

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: 44

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: 91

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: 54

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: 73

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: 75

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: 174

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: 78