Oil Tankers

  By Jonathan Saul LONDON, Nov 9 (Reuters) – The market for hedging oil tanker freight has revived sharply this year to a value of $4.5 billion

  Teekay Tankers says delivery has been completed for all 12 suezmax crude oil tankers from its acquisition of Principal Maritime’s fleet announced

  Up to nine personnel from a self-propelled barge may have been killed after their vessel collided with a Marshall Islands-flagged tanker in

  Sunday – The tanker Tokyo Spirit was refloated Sunday afternoon with the help of tugs. The ship was to be towed to a local repair yard. We are

  By Manisha Jha (Bloomberg) — Supertankers hauling crude to China are contending with increased waiting times to unload as some on- land storage

  DUBAI, Oct 8 (Reuters) – National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a significant

  By Manisha Jha and Naomi Christie (Bloomberg) — The world’s biggest crude oil tankers earned more than $100,000 a day for the first time since

  By Ben Sharples and Naomi Christie (Bloomberg) — The global oil glut may soon expand to the ocean. While traders are already cashing in on the

  (The following statement was released by the rating agency) LONDON, September 28 (Fitch) China’s slower growth and economic transition will pose

  By Ole Mikkelsen COPENHAGEN, Sept 23 (Reuters) – Danish shipping company Torm said on Wednesday it would withdraw from the lacklustre dry bulk

  By Jessica Jaganathan SINGAPORE, Sept 21 (Reuters) – Record high stocks of fuel oil in Singapore are pushing traders to store the shipping and

  WASHINGTON, Sept 15 (Reuters) – The White House said on Tuesday it does not support a bill in the U.S. House of Representatives to repeal the

  PARAGUANA, Venezuela (Reuters) – Venezuelan authorities have arrested seven people for allegedly attempting to smuggle diesel, an industry source

  LONDON, Sept 10 (Reuters) – Nigeria has lifted a ban on 113 vessels into its territorial waters, a letter from the NNPC seen by Reuters on

  By Naomi Christie (Bloomberg) — For operators of very large crude carriers, the tankers that move as much as 2 million barrels of oil across

By Manisha Jha (Bloomberg) — Slumping oil prices are spurring 4,000-mile (6,400-kilometer) diversions of tankers filled with diesel and jet fuel as the

  By Javier Blas and Will Kennedy (Bloomberg) — Oil prices will remain at $40 to $60 a barrel into 2016 as rising crude supplies overwhelm demand,

  By Naomi Christie (Bloomberg) — Oil traders are asking about options to store crude at sea, a development that could help rates for tankers to

Check out this perfect aerial time-lapse of UK-flagged tanker Galway Fisher entering the Port of Galway, located on the central west coast of Ireland in Galway

  By Keith Wallis SINGAPORE, Aug 14 (Reuters) – Freight rates for very large crude carriers (VLCCs), which have fallen to their lowest level in 10