Legal Uncertainties Delay Flow of Iranian Oil to Europe
By Dmitry Zhdannikov DAVOS, Switzerland, Jan 21 (Reuters) – European companies and trading houses are not rushing to buy Iranian oil because of legal
By Dmitry Zhdannikov DAVOS, Switzerland, Jan 21 (Reuters) – European companies and trading houses are not rushing to buy Iranian oil because of legal
By Jonathan Saul LONDON, Jan 19 (Reuters) – Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as
By Jonathan Saul and Marianna Parraga LONDON/HOUSTON, Jan 18 (Reuters) – An agreement to build oil tankers in Iran for Venezuela has been left in limbo
DUBAI, Jan 17 (Reuters) – National Shipping Company of Saudi Arabia (Bahri) reported a huge jump in fourth-quarter net profit on Sunday, citing a rise in
The Port of Rotterdam saw record growth in cargo volume in 2015. Goods throughput in Rotterdam increased by a total of 4.9% to 466.4 million tonnes in 2015,
By Henning Gloystein SINGAPORE, Jan 15 (Reuters) – With Iran ready to resume business as usual with the world under a historic nuclear deal, Tehran will
By Jacob Gronholt-Pedersen and Liz Hampton SINGAPORE/HOUSTON, Jan 8 (Reuters) – Oil traders in Asia are running the numbers on importing Alaskan crude,
The Port of Rotterdam has reported a record number of very large crude carriers in port in 2015 helped by growth in full oil supply in northwest Europe and
By Manisha Jha (Bloomberg) — The most destructive oil crash in a generation is giving ship owners a billion-dollar windfall. With the Organization of
HOUSTON, Dec 30 (Reuters) – The world’s largest oil trader Vitol SA has secured a second cargo of U.S.-produced crude for export, just weeks after
By Valerie Volcovici and Catherine Ngai Dec 23 (Reuters) – U.S. energy group Enterprise and oil trader Vitol raced to exploit the end of a 40-year ban on
Jones Act shipbuilder Philly Shipyard says it has delivered the second of four LNG-ready product tankers to Crowley Maritime Corporation, marking the first new
International tanker owner and operator Navios Maritime Acquisition Corporation (Navios Acquisition) is proving that it’s a good time to be in the
With the stroke of a pen, President Barack Obama on Friday ended 40 years of U.S. crude oil export limits by signing off on a repeal passed by Congress earlier
By John Kemp LONDON, Dec 16 (Reuters) – Congressional leaders have reached a deal to lift the 40-year-old ban on exporting U.S. crude in a symbolically
By Brian Wingfield and Jennifer A. Dlouhy (Bloomberg) — The U.S. is poised to reverse an energy policy that has helped define its relations with the
By Ron Bousso and Libby George LONDON, Dec 15 (Reuters) – Tankers laden with diesel heading from the U.S. Gulf Coast to Europe are turning around in
LONDON, Dec 14 (Reuters) – Commodities trading firm Trafigura expects tougher conditions in tanker markets next year as weaker world economy prospects
By Naomi Christie and Rakteem Katakey (Bloomberg) — Back when the global recession trashed oil demand and prices, the likes of BP Plc and Vitol Group
By Keith Wallis SINGAPORE, Dec 4 (Reuters) – Freight rates in Asian trades for very large crude carriers (VLCCs) are likely to remain firm as vessel
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up