Friday, January 14, 2022
Drone Photo Of A Product Tanker carrying Gasoline.

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: 7074

Tuesday, November 23, 2021

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: 892

Thursday, November 4, 2021

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: 1694

Wednesday, November 3, 2021
maersk tanker

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: 1355

Thursday, September 23, 2021
oil tanker loading

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: 923

Sunday, August 22, 2021
Drone Photo Of A Product Tanker carrying Gasoline.

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: 1082

Thursday, August 12, 2021
Oil tanker in Ningbo Zhoushan port

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: 1329

Wednesday, August 11, 2021
tanker at sea

White House Calls on OPEC and Its Allies to Pump More Oil

By Trevor Hunnicutt Aug 11 (Reuters) – U.S. President Joe Biden’s top aides are pressuring OPEC and its allies to boost oil output to

August 11, 2021
Total Views: 973

Monday, July 19, 2021
Oil Tanker Bridge

International Seaways and Diamond S. Shipping Complete Tanker Mega Merger

New York-listed tanker companies International Seaways, Inc. (NYSE: INSW) and Diamond S Shipping Inc. (NYSE: DSSI) have completed their merger, creating one of

July 19, 2021
Total Views: 1646

Monday, June 14, 2021

The Emirati Oil Deal That Has Infuriated Israeli Environmentalists

By Ari Rabinovitch JERUSALEM, June 14 (Reuters) – The first cargo ships from Dubai that docked last year in the Mediterranean port of Haifa

June 14, 2021
Total Views: 3117

Tuesday, June 8, 2021
tanker at sea

Traders Keep North Sea Crude on Tankers Despite Rally

By Sherry Su (Bloomberg) — Here’s something for oil bulls to chew on as Brent crude trades near $72: tankers are holding several million barrels of

June 8, 2021
Total Views: 1898

Sunday, May 9, 2021
oil tanker

Oil Traders Work to Avert Shortages After Cyberattack on Major U.S. Pipeline

By Sheela Tobben and Jeffrey Bair (Bloomberg) — The shutdown of America’s largest fuel pipeline after a cyberattack is threatening to send gasoline

May 9, 2021
Total Views: 4270

Tuesday, April 20, 2021
vlcc tanker

Historic Oil Price Crash Marks One Year Anniversary at $63 a Barrel

By Andres Guerra Luz and Alex Longley (Bloomberg) — Oil fluctuated above $63 a barrel, exactly one year after U.S. benchmark crude futures plunged below

April 20, 2021
Total Views: 1508

Friday, April 16, 2021

Canadian Crude Shipped from Newfoundland to U.S. West Coast in Unusual Demand Shift

By Sheela Tobben and Lucia Kassai (Bloomberg) — Canadian oil sellers are sending exports to the U.S. West Coast, an unexpected move prompted by the

April 16, 2021
Total Views: 26792

Wednesday, March 31, 2021
oil tanker loading

Tanker Mega Merger: NYSE-Listed International Seaways and Diamond S. Shipping to Combine

New York-listed tanker companies International Seaways, Inc. (NYSE: INSW) and Diamond S Shipping Inc. (NYSE: DSSI) have announced an all-stock merger that will

March 31, 2021
Total Views: 1750

Wednesday, March 24, 2021
port of Hodeidah, Yemen

4 Product Tankers Allowed To Dock At Yemen’s Red Sea Port

by Aziz El Yaakoubi (Reuters) – The Saudi-led coalition has allowed four tankers to dock at Yemen’s Red Sea port of Hodeidah, two sources familiar

March 24, 2021
Total Views: 1381

Wednesday, March 17, 2021
oil tanker loading

Supertankers Losing Millions Are a Bullish Vaccine Trade

By Alex Longley and Alaric Nightingale (Bloomberg) — The market for moving oil across the world’s oceans is currently so bad that owners of the

March 17, 2021
Total Views: 2179

lou vest oneeighteen navigation shipping

U.S. Refiners Scale Back on Hiring Ships

By Jonathan Saul and Laura Sanicola (Reuters) – U.S. refiners are scaling back on hiring ships for longer periods to save on costs in another sign of

March 17, 2021
Total Views: 2230

Tuesday, March 16, 2021
oil refinery

China Seizes Ships in Sprawling $770 Million Refined Oil Smuggling Ring

BEIJING, March 16 (Reuters) – China foiled criminals seeking to smuggle nearly 1 million tonnes of refined oil worth 5 billion yuan ($770 million), with

March 16, 2021
Total Views: 28077

Tuesday, March 9, 2021
Oil Tanker Bridge

Supertankers Losing Almost $7,000 a Day Amid OPEC Cuts

By Alex Longley (Bloomberg) — Times are getting tougher by the day for oil tanker owners. With too many vessels to haul fuel, losses for supertankers on

March 9, 2021
Total Views: 3014