Oil Tankers

By Dmitry Zhdannikov (Reuters) Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping up pressure on the

By Liz Hampton HOUSTON, Aug 23 (Reuters) – The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large

By Catherine Ngai (Reuters) A rare opening of an export window for crude moving from the U.S. Gulf to Western Europe has caused a flurry of interest among oil

By Keith Wallis SINGAPORE, Aug 5 (Reuters) – Freight rates for very large crude carriers (VLCCs), which hit multi-year lows on Thursday, could slip

By Serene Cheong (Bloomberg) — Oil traders once again believe it’s worth heading out to sea. The market structure for Brent crude, the benchmark for

By Libby George LONDON, Aug 2 (Reuters) – The UK-based trading arm of Beijing-backed Sinopec will give up the megatanker it booked to park crude in Asia

By Keith Wallis SINGAPORE, July 22 (Reuters) – Freight rates for very large crude carriers (VLCCs) are likely to hold steady around existing levels as

HOUSTON, July 18 (Reuters) – British oil company BP Plc has chartered a foreign-flagged vessel to transport Alaskan crude, the company said on Monday,

By Jonathan Saul LONDON, July 18 (Reuters) – The cost of shipping oil through the Black Sea and Mediterranean fell on Monday after a failed coup in

Oslo-listed Stolt-Nielsen Limited (Oslo Børs: SNI) announced Monday an agreement to acquire the chemical tanker operations of Jo Tankers for approximately

By Wael Mahdi (Bloomberg) — A venture between Arab Petroleum Investment Corp., known as Apicorp, and National Shipping Co. of Saudi Arabia will create

By Keith Wallis SINGAPORE, July 12 (Reuters) – Oil tankers face choppy waters over the next 18 months as a torrent of new ships pushes down freight

By Hashem Kalantari and Anthony DiPaola (Bloomberg) — Iran plans to double crude exports so long as the increase in shipments is absorbed by global

By Ron Bousso LONDON, July 4 (Reuters) – At least two tankers carrying gasoline-making components have dropped anchor off New York Harbor for nearly a

A Panamanian-flagged tanker averted potential disaster overnight after the vessel developed a crack in its hull in the Arabian Gulf off India. The Indian

China COSCO Shipping on Monday officially launched the consolidated COSCO Shipping Energy Transportation Co., creating one of the world’s largest tanker

By Jonathan Saul ATHENS, June 6 (Reuters) – Moves by China to stockpile oil are providing a further boost to the tanker shipping market which is already

PARIS, June 6 (Reuters) – Preliminary work got underway on Monday to restart three of Total’s French oil refineries stopped as part of nationwide

By Marianna Parraga and Sarah McFarlane HOUSTON/LONDON, May 31 (Reuters) – Four tankers carrying over 2 million barrels of U.S. crude are stuck at sea

PARIS, May 26 (Reuters) – Nearly two dozen vessels were queued outside the French oil import terminal in Fos, southern France on Thursday, held up by a