Oil Tankers

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

Friday, April 5, 2019
tanker underway at sea from the bridge
Shipping News

Gasoline Cargoes Traveling 16,000-Mile Reveal Dysfunctional Trade

By Jack Wittels and Alaric Nightingale (Bloomberg) — Summer is coming to Europe and that can only mean one thing. It must be time to send the

April 5, 2019
Total Views: 46

Wednesday, March 20, 2019
tanker underway
Shipping News

How Iran fuel Oil Exports Beat U.S. Sanctions in Tanker Odyssey to Asia

By Roslan Khasawneh, Ahmed Rasheed and Ahmed Elumami SINGAPORE/BAGHDAD/TRIPOLI, March 20 (Reuters) – At least two tankers have ferried Iranian fuel oil

March 20, 2019
Total Views: 126

Friday, March 15, 2019
Oil tanker is docked in Venezuela
Shipping News

Shipbroker McQuilling Ends Tanker Contracts with Venezuela’s PDVSA

HOUSTON, March 15 (Reuters) – A second maritime firm has told Venezuela’s state-run oil firm Petroleos de Venezuela it would end all charter

March 15, 2019
Total Views: 78

Thursday, March 14, 2019
tanker underway at sea from the bridge
Shipping News

New Supertankers Carrying Gasoil West Hits Record With More to Come -Vortexa

LONDON, March 14 (Reuters) – * Ship builders in Asia are sending a record number of supertankers west carrying middle distillate oil products, such as

March 14, 2019
Total Views: 19

Wednesday, March 13, 2019
oil tanker
Shipping News

Iran’s Oil Tanker Fleet Being Squeezed as Sanctions Bite

By Jonathan Saul and Parisa Hafezi LONDON/DUBAI, March 13 (Reuters) – Iran is running short of options to replace its aging fleet of tankers and

March 13, 2019
Total Views: 56

Thursday, March 7, 2019
tanker
Shipping News

Venezuela’s PDVSA Says Still Working with German Shipping Firm

By Mircely Guanipa and Marianna Parraga PUNTO FIJO, Venezuela, March 7 (Reuters) – Venezuela’s state-run oil company PDVSA said on Thursday it has

March 7, 2019
Total Views: 63

venezuela's pdvsa
Shipping News

Venezuela’s PDVSA Declares Maritime Emergency as Tankers Return

By Marianna Parraga March 6 (Reuters) – Plans by the German operator of a portion of the Venezuelan state oil company’s tanker fleet to return 10

March 7, 2019
Total Views: 60

Thursday, February 28, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

U.S. Offers Up to 6 Million Barrels of Oil from Strategic Reserve

By Timothy Gardner WASHINGTON, Feb 28 (Reuters) – The U.S. Energy Department said on Thursday it is offering up to six million barrels of sweet crude oil

February 28, 2019
Total Views: 39

Friday, February 8, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

Tanker Analysts Shrug Off Market Woes

By Firat Kayakiran (Bloomberg) — It’s never ideal if you own a fleet of crude tankers and the world’s oil producers remove millions of

February 8, 2019
Total Views: 49

Thursday, February 7, 2019
File photo of a product tanker underway at sea
Shipping News

Long, Strange Trip: How U.S. Ethanol Reaches China Tariff-Free

By Chris Prentice and A. Ananthalakshmi NEW YORK/KUALA LUMPUR, Feb 7 (Reuters) – In June, the High Seas tanker ship loaded up on ethanol in Texas

February 7, 2019
Total Views: 66

Thursday, January 31, 2019
oil tanker
Shipping News

Glut of Tankers Stuck Off Venezuela as U.S. Sanctions Bite

By Deisy Buitrago and Marianna Parraga Jan 30 (Reuters) – Venezuela’s oil inventories have started to build up at the country’s ports

January 31, 2019
Total Views: 59

Tuesday, January 29, 2019
tanker underway at sea from the bridge
Shipping News

U.S. Sanctions on Venezuelan Oil Reverberate Globally

By Mayela Armas and Deisy Buitrago CARACAS, Jan 29 (Reuters) – The Trump administration’s sanctions on Venezuelan oil, aimed at driving

January 29, 2019
Total Views: 40

Oil tanker is docked in Venezuela
Shipping News

Opinion: U.S. Oil Sanctions on Venezuela Look Like Iran 2.0

By Julian Lee (Bloomberg Opinion) — President Donald Trump has slapped oil sanctions on Venezuela, and they will hit hard. Although they

January 29, 2019
Total Views: 30

Thursday, January 24, 2019
tanker loading
Shipping News

Magellan Eyeing Freeport, Texas for Crude Export Terminal

HOUSTON, Jan 24 (Reuters) – Magellan Midstream Partners LP has begun talks with companies developing crude transportation assets in Freeport, Texas, as

January 24, 2019
Total Views: 73

vlcc tanker u-turn
Shipping News

Armada of Giant New Tankers Lines Up to Ship Diesel Out of Asia

By Jack Wittels (Bloomberg) — A fleet of giant newly built oil tankers is gearing up to ship diesel out of East Asia. Five very large crude carriers,

January 24, 2019
Total Views: 385

Monday, January 21, 2019
vlcc tanker u-turn
Shipping News

How OPEC Is Helping U.S. Oil Reach a Tipping Point

By Julian Lee (Bloomberg Opinion) — The U.S. Energy Information Administration has published its first detailed monthly oil forecast for 2020

January 21, 2019
Total Views: 32

Thursday, January 10, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

U.S. Oil Export Boom Sparks a Battle to Build Texas Port

By Collin Eaton CORPUS CHRISTI, TEXAS, Jan 10 (Reuters) – Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more

January 10, 2019
Total Views: 44

Tuesday, December 11, 2018
vlcc tanker u-turn
Shipping News

Oil Tanker Owners Find Solace in Shale as OPEC Prepares New Cuts

By Firat Kayakiran (Bloomberg) — America’s shale boom could be about to spare the world’s oil tanker owners from a typical OPEC ravaging.

December 11, 2018
Total Views: 98

Thursday, December 6, 2018
tanker underway at sea from the bridge
Shipping News

VLCC Exports Picking Up at Louisiana Offshore Oil Port

By Sheela Tobben (Bloomberg) — The Louisiana Offshore Oil Port is pushing out the most crude it’s shipped in any one month since the terminal

December 6, 2018
Total Views: 25

Monday, December 3, 2018
tanker
Shipping News

China Imports First U.S. Crude in Two Months But Traders Still Wary

By Florence Tan and Chen Aizhu SINGAPORE/BEIJING, Dec 3 (Reuters) – China imported its first U.S. crude oil cargo in around two months last week,

December 3, 2018
Total Views: 31