Oil Tankers

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

Tuesday, August 27, 2019
ocean princess
Shipping News

Tanker Owner and Operator Fined $3 Million for Air Pollution Crimes in U.S. Caribbean ECA

The Greek owner and operator of a Panama-flagged oil products tanker, along with the vessel’s senior officers, have been convicted of air pollution

August 27, 2019
Total Views: 183

Friday, August 23, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

Trafigura’s Big Bet on Shipping Pays Off With Frontline Deal

By Andy Hoffman (Bloomberg) — Commodities trader Trafigura Group Pte Ltd.’s big bet on shipping paid off as it agreed on a tanker sale that will give

August 23, 2019
Total Views: 66

vlcc tanker u-turn
Shipping News

Trafigura Takes Stake in Frontline

By Victoria Klesty and Terje Solsvik OSLO, Aug 23 (Reuters) – Frontline has agreed to buy 10 Suezmax oil tankers from Trafigura in a cash and share deal

August 23, 2019
Total Views: 54

Thursday, August 22, 2019
product tanker mr oil ship
Shipping News

West African Oil Hits Sweet Spot with IMO 2020

By Noah Browning LONDON, Aug 22 (Reuters) – African states like Chad and Cameroon are shaping up to be big winners from new rules to cut sulfur emissions

August 22, 2019
Total Views: 70

Tuesday, August 20, 2019
tanker underway
Shipping News

Shell to Charter LNG-Powered Tanker Fleet

Royal Dutch Shell announced Monday it has agreed to charter a fleet of fourteen new LNG-powered crude oil and product tankers as part of its drive to

August 20, 2019
Total Views: 200

Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong
Shipping News

U.S. Sanctions Are Forcing Iran to Ditch Push to Cleaner Fuels

By Verity Ratcliffe (Bloomberg) –Iran is about to burn a lot more fuel oil as a result of U.S. sanctions and new global shipping rules, reversing the

August 20, 2019
Total Views: 51

Tuesday, August 13, 2019
tankers at anchor
Shipping News

Low Sulphur Fuel Giant Planned for Launch

OSLO, Aug 13 (Reuters) – Commodities trader Trafigura is joining forces with shipping firms Frontline and Golden Ocean to supply marine fuel ahead of a

August 13, 2019
Total Views: 59

TI Oceania tanker
Shipping News

Euronav’s Giant ‘Oceania’ Starts 12,400-Mile Trip to Fuel-Storage Zone

By Jack Wittels and Timothy Abington (Bloomberg) –The world’s biggest oil tanker has begun a 12,400-mile voyage to a fuel-storage zone in Asia, the

August 13, 2019
Total Views: 551

Tuesday, August 6, 2019
ships at anchor
Shipping News

Saudi, U.S. Energy Ministers Express Concern Over Threats to Maritime Traffic in the Gulf

CAIRO, Aug 6 (Reuters) – Saudi Arabia Energy Minister Khalid Al-Falih met U.S. Energy Secretary Rick Perry on Tuesday in Washington and said both sides

August 6, 2019
Total Views: 33

Thursday, August 1, 2019
oil tanker
Shipping News

Shell Not Taking British-Flagged Tankers Through Hormuz

LONDON, Aug 1 (Reuters) – Royal Dutch Shell is not taking any British-flagged tankers through the Strait of Hormuz amid heightened tensions with Iran in

August 1, 2019
Total Views: 73

Tuesday, July 30, 2019
tanker underway
Shipping News

BP Has No Plans to Take Tankers Through Hormuz

LONDON, July 30 (Reuters) – BP has not taken any of its oil tankers through the Strait of Hormuz since a July 10 attempt by Iran to seize one

July 30, 2019
Total Views: 54

Tuesday, July 16, 2019
wave breaking over tanker
Shipping News

How Great Shifts in Oil Market Calmed 2020 Ship Fuel Panic

By Jack Wittels – (Bloomberg) –As recently as a year ago, the oil market was in a panic about changes to the kind of fuel that ships must burn.

July 16, 2019
Total Views: 29

Friday, July 12, 2019
tanker
Shipping News

Panama to Pull More Flags from Vessels Violating Sanctions

By Marianna Parraga and Elida Moreno PANAMA CITY, July 12 (Reuters) – Panama will withdraw its flag from more vessels that violate sanctions and

July 12, 2019
Total Views: 97

Monday, July 8, 2019
oil tanker
Shipping News

Going Dark and Faking Voyages: These are the Tricks Ships Use to Avoid Sanctions

(Bloomberg) — As the U.S. looks to enforce sanctions aimed at halting trade with states such as Iran and Venezuela, there’s increased scrutiny on the

July 8, 2019
Total Views: 210

Friday, June 28, 2019
New Journey VLCC
Shipping News

China Delivers First ‘Smart’ VLCC

China’s largest shipbuilder Dalian Shipbuilding Industries (DSIC) has delivered what it says is the world’s first “smart” Very Large

June 28, 2019
Total Views: 263

Thursday, June 27, 2019
oil tanker photo
Shipping News

Bahri Commits to VLCCs a Saudi Arabia’s New King Salman Maritime Complex

Saudi Arabian shipping company Bahri has signed a Memorandum of Understanding for the construction of the first VLCCs at the new King Salman Complex for

June 27, 2019
Total Views: 121

Monday, June 24, 2019
tanker deck
Shipping News

Tankers Carrying Dirty Russian Oil Left Stranded at Sea

By Olga Yagova, Dmitry Zhdannikov and Florence Tan MOSCOW/LONDON, June 25 (Reuters) – In the opinion of Russian officials, the oil contamination

June 24, 2019
Total Views: 179

front altair oil tanker is seen after it was attacked at the Gulf of Oman
Shipping News

U.S. Seeks Allies’ Support to Protect Persian Gulf Shipping Lanes

By Nick Wadhams (Bloomberg) –The U.S. is seeking support from allies for a program to monitor commercial shipping in the Persian Gulf after attacks on

June 24, 2019
Total Views: 93

Friday, June 21, 2019
tanker loading
Shipping News

Oil Posts Best Week Since 2016 as Trump Calls Off Iran Raids

By Alex Nussbaum (Bloomberg) –Oil rocketed to its biggest weekly gain in more than two years as U.S. President Donald Trump’s aborted air strikes

June 21, 2019
Total Views: 35

oil tanker
Shipping News

Shipping Rates for Mideast Oil Are Surging

By Alaric Nightingale and Firat Kayakiran (Bloomberg) –Oil tanker owners are raising the prices they charge to export Middle East crude as tensions

June 21, 2019
Total Views: 38