tankers


Tuesday, November 11, 2014
Steel Cut On Jones Act Product Tankers at NASSCO
News

Steel Cut On Jones Act Product Tankers at NASSCO

General Dynamics NASSCO has started construction on the first of three 330,000 barrel capacity product tankers for SEA-Vista LLC, a joint venture between

November 11, 2014
Total Views: 24

Thursday, November 6, 2014
houston refinery oil gas rob almeida
News

U.S. Crude Export Controls are Crumbling -Kemp

In the three months ending in August, the United States and Canada swapped a record amount of crude oil with each other, one of the more bizarre consequences

November 6, 2014
Total Views: 21

Wednesday, November 5, 2014
al kout vlcc kotc kuwait oil tanker company
News

SPOTD: DSME Delivers Al Kout to Kuwait Oil Tanker Company

The VLCC Al Kout was delivered last week by Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) as part of a series of vessels constructed for the

November 5, 2014
Total Views: 122

Tuesday, November 4, 2014
loop Louisiana Offshore Oil Port
News

Oil Imports to Louisiana Offshore Oil Port Reveal New Truth

Things are slowing down at the U.S.’s largest oil-import

November 4, 2014
Total Views: 64

vlcc tanker crude oil shipping
Shipping News

Saudis Cut Crude Prices to U.S. in December Amid Shale Boom

Saudi Arabian Oil Co. lowered the cost of its crude to the U.S., where production is the highest in three decades, deepening a selloff that sent prices to the

November 4, 2014
Total Views: 21

Thursday, October 30, 2014
Suncor to Regularly Consider Shipping Western Canada Crude Overseas
News

Suncor to Regularly Consider Shipping Western Canada Crude Overseas

Suncor Energy Inc will look regularly at the economics of shipping Western Canadian crude from the country's East Coast to markets overseas, Chief Executive

October 30, 2014
Total Views: 16

Wednesday, October 29, 2014
OPEC Head Says Oil Market Should Stop Panicking About Price Slump
Shipping News

OPEC Head Says Oil Market Should Stop Panicking About Price Slump

Everyone in the oil market should stop panicking because crude supply and demand will return to equilibrium, OPEC’s Secretary-General

October 29, 2014
Total Views: 19

Monday, October 27, 2014
torm
Finance

Torm’s Restructuring Plan Progresses

After losing 13 product tankers to Oaktree Capital Management earlier this year, Danish shipowner Torm has entered into an agreement with its 40+ lenders and

October 27, 2014
Total Views: 31

Sunday, October 26, 2014
Supertanker Arrives With Venezuela’s First Imported Crude Oil
News

Supertanker Arrives With Venezuela’s First Imported Crude Oil

Oil tanker Carabobo, bringing Venezuela's first import of crude oil, arrived late on Saturday at the Jose port, where it is scheduled to unload up to 2 million

October 26, 2014
Total Views: 732

Thursday, October 23, 2014
Two-Year-Old Jones Act Tanker Sells for $157 Million
News

Two-Year-Old Jones Act Tanker Sells for $157 Million

Houston headquartered Genesis Energy, L.P. announced today that it has agreed to acquire the Jones Act-qualifying MT American Phoenix and two related charters

October 23, 2014
Total Views: 531

Wednesday, October 22, 2014
Venezuela Books VLCC to Import Second Algerian Crude Shipment
Shipping News

Venezuela Books VLCC to Import Second Algerian Crude Shipment

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker

October 22, 2014
Total Views: 30

Monday, October 20, 2014
New CEO at Frontline
News

New CEO at Frontline

Frontline Ltd (NYSE: FRO) the Bermuda-based crude oil shipping firm led by board chairman, John Fredriksen has brought on a new CEO to take the company

October 20, 2014
Total Views: 65

Wednesday, October 15, 2014
Laden Tanker Stuck in Amazon River Mud
News

Laden Tanker Stuck in Amazon River Mud

A laden product tanker remains aground in the middle of the Amazon River for a seventh day following futile attempts to free the

October 15, 2014
Total Views: 151

Floating Storage Stalls Despite Falling Oil Prices
Uncategorized

Floating Storage Stalls Despite Falling Oil Prices

Despite falling oil prices, traders in recent weeks have booked just a few tankers to store cargoes at sea as higher freight costs outweigh any profit play for

October 15, 2014
Total Views: 31

Tuesday, October 14, 2014
VLCC Departs Algeria With Venezuela’s First Ever Imported Crude
Shipping News

VLCC Departs Algeria With Venezuela’s First Ever Imported Crude

The first tanker of imported crude ever bought by Venezuela has sailed from Algeria in a move to reduce costs by the South American state-run oil company

October 14, 2014
Total Views: 87

Monday, October 13, 2014
drilling texas land rig
News

Oil Prices Continue to Fall as Output Hits Levels Not Seen Since the ’80s

West Texas Intermediate extended its rout from the lowest price in 22 months amid speculation that rising U.S. stockpiles are exacerbating a global glut

October 13, 2014
Total Views: 16

Wednesday, October 1, 2014
Frontline and Tankers International Form Chartering Venture

Frontline and Tankers International Form Chartering Venture

Crude oil shipping firms Frontline Management and Tankers International formed a chartering joint venture called VLCC Chartering Ltd to increase their joint

October 1, 2014
Total Views: 92

Tuesday, September 30, 2014
Alaskan Crude Exported to South Korea Aboard U.S.-Flagged Tanker

Alaskan Crude Exported to South Korea Aboard U.S.-Flagged Tanker

The first U.S. export of Alaskan crude to South Korea in more than a decade set sail at the weekend, according to a company source and shipping data, marking

September 30, 2014
Total Views: 63

Monday, September 29, 2014
Crude Oil Tanker Rescues 150 Migrants from Mediterranean
Shipping News

Crude Oil Tanker Rescues 150 Migrants from Mediterranean

Nordic American Tankers Limited says that one of its vessels was involved in the rescue of 150 migrants in distress after their wooden boat began experiencing

September 29, 2014
Total Views: 58

four wind lr2 tanker taurus
News

Long-Range Oil Product Tanker Rates Fall

Rates in the long-range tanker market for transporting oil products softened on Monday as lighter bookings took a toll on

September 29, 2014
Total Views: 204