Oil Tankers

BENGHAZI, Libya, Oct 1 (Reuters) – Benghazi’s commercial port officially reopened on Sunday after a three-year closure due to fighting between

By Devika Krishna Kumar and Libby George NEW YORK, Sept 26 (Reuters) – Just days after Hurricane Harvey smacked Texas and hobbled a quarter of U.S.

By Keith Wallis Sept 8 (Reuters) – Freight rates for very large crude carriers (VLCCs) on Asian routes may have found a floor this week as a

By Heesu Lee, Ann Koh and Laura Blewitt (Bloomberg) — Some traders who rushed to hire ships to send fuel from Asia to the U.S. after Hurricane Harvey are

By Keith Wallis Sept 1 (Reuters) – Freight rates for very large crude carriers (VLCCs) on Asian routes continue to sink on a glut of available

By Erwin Seba HOUSTON, Aug 30 (Reuters) – Tropical Storm Harvey inflicted more damage on the heart of the U.S. energy industry on Wednesday, churning

By Sherry Su, Alex Longley and Bill Lehane (Bloomberg) — Oil traders are rushing to book tankers to haul European gasoline across the Atlantic

By Laura Blewitt (Bloomberg) — Once rare American-built oil tankers are now plentiful, changing U.S. gasoline flows and giving shipowners headaches.

By Rania El Gamal DUBAI, Aug 16 (Reuters) – OPEC member Iraq has formed a joint venture with a shipping company owned by Arab states to transfer,

By Keith Wallis SINGAPORE, Aug 4 (Reuters) – Freight rates for very large crude carriers (VLCCs) on Asian routes from the Middle East could fall to a new

By John Kemp LONDON, Aug 2 (Reuters) – World trade is growing again which will give a big boost to middle distillates such as diesel used in the

SEOUL, July 30 (Reuters) – South Korea’s Hyundai Heavy Industries Co has won a contract worth up to $600 million from Vitol, the world’s

SINGAPORE, July 28 (Reuters) – Owners of modern very large crude carriers (VLCCs) could see a gain in charter rates amid tightening vessel supply but

LONDON, July 21 (Reuters) – The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30, when it was

SINGAPORE, July 20 (Reuters) – PetroChina is this week unloading the first Chinese purchase of crude oil from U.S. strategic petroleum reserves at a port

By Keith Wallis SINGAPORE, July 14 (Reuters) – Freight rates for very large crude carriers (VLCCs) are coming under pressure from a build up in ships

By Serene Cheong (Bloomberg) — The biggest oil traders feeling the squeeze in a world awash with crude are seeking an edge by offering

By Debjit Chakraborty and Serene Cheong (Bloomberg) — A type of U.S. crude pumped in the Gulf of Mexico is proving to be more attractive in the

By Can Sezer ISTANBUL, July 10 (Reuters) – NITC, Iran’s leading oil tanker operator, said on Monday its shipments to Europe were increasing daily

By Keith Wallis SINGAPORE, June 30 (Reuters) – Freight rates for very large crude carriers (VLCCs) are likely to remain flat next week, a situation that