Oil Tankers

At least two people were killed in what has been described as a large explosion aboard an inland tanker berthed in Duisburg, Germany. Local media reports says

Oil giant BP decided to take the last Aussie-crewed fuel tanker, the MT British Fidelity, off the Australian coast. The vessel, currently in Singapore, was

By Javier Blas (Bloomberg) — The Monte Toledo oil tanker covered the uneventful voyage from Iran to Europe with a haul of 1 million barrels of crude in

By Keith Wallis SINGAPORE, Feb 19 (Reuters) – Freight rates in Asian trades for very large crude carriers (VLCCs) are set to hold steady around current

By Javier Blas (Bloomberg) — The world is so awash with crude, the boss of BP Plc said people will be filling their “swimming pools” with it by the

Crowley Maritime Corp. has christened its second LNG-ready product tanker for use in the Jones Act coastwise trade. The 50,000 dead-weight-ton (dwt),

Philly Shipyard announced that it has started construction on the first product tanker in a four vessel order for American Petroleum Tankers (APT). The

By Jonathan Saul LONDON (Reuters) – Iran is slowly winding down stocks of oil stored on tankers close to its shores and the process is likely to take

By Alaric Nightingale and Alex Longley (Bloomberg) — The world’s biggest oil companies are asking tanker operators to slow down delivery of crude amid

By Jessica Jaganathan SINGAPORE, Jan 27 (Reuters) – At least two companies are planning to ship diesel in bigger-than-usual tankers from Asia to Europe

MADRID, Jan 26 (Reuters) – Spain’s Supreme Court sentenced the captain of the Prestige oil tanker, which sank off Spain’s northwestern coast

By Jonathan Saul LONDON, Jan 26 (Reuters) – Efforts by Iran to start exporting oil to Europe are being held up as foreign tanker owners are still

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