Oil Tankers

Tanker shipping news – VLCC and Aframax crude rates, product tanker fixtures, chemical carrier demand, sanctions fleet shifts and crude oil tankers.

Tuesday, January 27, 2015
United Kalavrvta
Uncategorized

Tanker Carrying Kurdish Oil Leaves U.S. After 6-Month Legal Dispute

After being stuck in legal limbo for six months, a tanker loaded with 1 million barrels of Kurdish crude headed east on Tuesday to leave U.S. waters after

January 27, 2015
Total Views: 28

united kalavrvta
News

Tanker with Kurdish Crude Leaving U.S. After 6-Month Dispute

After being stuck in legal limbo for six months, a tanker loaded with 1 million barrels of Kurdish crude headed east on Tuesday to leave U.S.

January 27, 2015
Total Views: 54

Tighter Supertanker Market May Curb Asian Fuel Oil Supplies
News

Tighter Supertanker Market May Curb Asian Fuel Oil Supplies

The window to sell Western fuel oil to Asia is starting to close as demand for a limited fleet of supertankers to store cheap crude pushes freight rates to

January 27, 2015
Total Views: 33

Thursday, January 22, 2015
OSG independence overseas shipholding group
News

OSG Appoints New President and CEO

Overseas Shipholding Group, Inc. (NYSE MKT:OSGB) announced Thursday the appointment of Captain Ian T. Blackley as its new President and Chief Executive

January 22, 2015
Total Views: 89

crude oil terminal tanker
News

Tanker Firms Look to U.S. Listings as Market Rebounds

Inspired by an upturn in shipping markets after one of the worst sector downturns on record, a batch of oil tanker companies are looking to raise capital

January 22, 2015
Total Views: 30

Tuesday, January 20, 2015
euronav famenne vlcc
Finance

Euronav to Raise $175 Million with New York Listing

Belgian crude oil shipping group Euronav said on Tuesday that it was going ahead with its plan to list shares on the New York Stock Exchange in a public

January 20, 2015
Total Views: 75

Thursday, January 15, 2015
If ConocoPhillips’ Wishes Come True, It Could Come at the Demise of the U.S. Merchant Marine
Interesting

If ConocoPhillips’ Wishes Come True, It Could Come at the Demise of the U.S. Merchant Marine

There’s good reason Ryan Lance is the CEO and Chairman of ConocoPhillips.  He’s a smart and charismatic guy who can paint a very rosy picture

January 15, 2015
Total Views: 73

almi galaxy
News

Oil Traders to Store West African Crude in U.S. Until Prices Recover

Traders are shipping West African crude to the United States to store the oil until prices recover, as the global glut forces them to source any tanks

January 15, 2015
Total Views: 49

al kout vlcc kotc kuwait oil tanker company
News

Morgan Stanley and Evercore Say $100k Tanker Rates Possible

Supertanker owners from Tokyo to Athens said demand to store oil on vessels is strengthening, with Morgan Stanley and Evercore Partners Inc. predicting the

January 15, 2015
Total Views: 67

Navigator Holdings Says Petrochem Gas Shipments to Offset LPG Drop
News

Navigator Holdings Says Petrochem Gas Shipments to Offset LPG Drop

Shipper Navigator Holdings Ltd expects continued demand for petrochemical gases in the fourth quarter to make up for a fall in liquefied petroleum gas (LPG)

January 15, 2015
Total Views: 71

Monday, January 12, 2015
eagle bay tanker seariver maritime exxonmobil
News

SeaRiver Maritime Names Newest US-Flagged Crude Oil Tanker

The bitterly cold and rainy skies in Philadelphia today were perhaps a foreboding reminder of where ExxonMobil’s newest crude oil tanker, Eagle Bay will

January 12, 2015
Total Views: 376

Friday, January 9, 2015
Frontline Surges Amid Signs of Oil Storage at Sea
News

Frontline Surges Amid Signs of Oil Storage at Sea

Frontline Ltd., the oil tanker company led by billionaire John Fredriksen, surged in Oslo trading amid speculation that a plunge in crude prices is spurring

January 9, 2015
Total Views: 52

odfjell
News

Odfjell Announces Layoffs, Reduction of European Officers

Norwegian chemical tanker owner Odfjell announced a restructuring plan today which will result in a reduction of up to 85 positions at their office in Bergen,

January 9, 2015
Total Views: 48

Thursday, January 8, 2015
Oil Traders Stockpiling Oil at Sea Amid Glut
News

Oil Traders Stockpiling Oil at Sea Amid Glut

Some of the world's largest oil traders have this week hired supertankers to store crude at sea, marking a milestone in the build-up of the global

January 8, 2015
Total Views: 50

Monday, January 5, 2015
nitc tanker
News

Iran ‘Won’t Give In’ After 60% Decline in Crude Oil Exports

Iran’s oil exports have fallen 60 percent to 1 million barrels a day, the Tehran-based Shargh newspaper reported, citing comments by Oil Minister Bijan

January 5, 2015
Total Views: 29

tanker araevo
Incidents

Greek-Operated Oil Tanker Bombed at Libyan Port, Two Dead

Two crew members were killed when unidentified military aircraft bombed a Greek-operated oil tanker anchored at the Libyan port of Derna, the Greek coastguard

January 5, 2015
Total Views: 78

Wednesday, December 31, 2014
houston ship channel lou vest
News

U.S. Opening of Oil Export Tap Widens Battle for Global Market

The Obama administration has opened a new front in the global battle for oil market share, effectively clearing the way for the shipment of as much as a

December 31, 2014
Total Views: 39

A Final Farewell to Single-Hull Oil Tankers
News

A Final Farewell to Single-Hull Oil Tankers

By Doug Helton, NOAA Office of Response & Restoration January 1, 2015 marks a major milestone in preventing oil spills. That date is the deadline which the

December 31, 2014
Total Views: 436

Monday, December 29, 2014
Methane Rita Andrea lng carrier
News

BG Group Starts LNG Shipments From $20 Billion Australian Project

BG Group Plc is loading the first shipment of liquefied natural gas destined for China at its $20.4 billion project on Australia’s east coast, a company

December 29, 2014
Total Views: 70

Wednesday, December 17, 2014
scorpio bulkers
News

Scorpio Changes Tack on Capesize Newbuild Plan

Scorpio Bulkers announced today that it has partially scrapped its Capesize newbuild plan and will instead be replacing six of their Capesize orders with an

December 17, 2014
Total Views: 38