tankers


Wednesday, February 21, 2024
Gasoline tanker at terminal. Photo Shutterstock
Shipping

Scotland’s Fuel Binge Offers Glimpse of Future Without Refinery

By Alex Longley and Jack Wittels (Bloomberg) — A boom in Scottish diesel imports offers a glimpse into the country’s future energy security ahead of

February 21, 2024
Total Views: 2121

Monday, February 19, 2024
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Indian Diesel Flowing to Asia

By Jack Wittels (Bloomberg) — Shipments of diesel from India into Europe are at the lowest since 2022 so far this month as Houthi attacks on

February 19, 2024
Total Views: 2528

Monday, February 12, 2024
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Diesel Market Flashes Supply Tightness in Europe

By Jack Wittels (Bloomberg) — The diesel market in Europe is flashing signs of tightness as refinery halts and Red Sea disruption squeeze supplies of a

February 12, 2024
Total Views: 979

Friday, February 9, 2024
Bob Burke. Photo courtesy Marine Money
Shipping

Should I Stay or Do I Go? Ridgebury Tankers’ Burke Reflects on Selling His Fleet

By Barry Parker (gCaptain) – After leaning into a surging tanker market and selling off his fleet at, or near, its peak, what should is a shipowner to

February 9, 2024
Total Views: 1526

Tuesday, February 6, 2024
oil tanker
Shipping

High Tanker Rates Hit U.S. Crude Exports to Asia

By Arathy Somasekhar and Muyu Xu HOUSTON, Feb 6 (Reuters) – U.S. crude oil exports to Asia tumbled to 1 million barrels per day in January, the

February 6, 2024
Total Views: 3952

Monday, February 5, 2024
tanker deck
Shipping

Red Sea Chaos Causing Global Oil Buyers to Shop Local

By Sharon Cho (Bloomberg) — The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make

February 5, 2024
Total Views: 3372

Thursday, February 1, 2024
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
Shipping

Saudis Boost North Red Sea Oil Exports to Avoid Red Sea Chaos

By Julian Lee and Alex Longley (Bloomberg) — Saudi Arabia significantly increased oil exports from its Muajjiz terminal last month, allowing them to

February 1, 2024
Total Views: 2549

Thursday, January 25, 2024
tanker at sea
Shipping

Tankers Face Million-Dollar Detour Around Cape of Good Hope

Rerouting tankers around the Cape of Good Hope due to Red Sea attacks can add nearly a million dollars per voyage while also doubling transit time, according

January 25, 2024
Total Views: 2677

Monday, January 15, 2024
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
Shipping

More Tankers Avoid Red Sea After Military Strikes

By Robert Harvey, Natalie Grover and Ahmad Ghaddar LONDON, Jan 15 (Reuters) – At least six more oil tankers were steering clear of the southern

January 15, 2024
Total Views: 3512

Monday, January 8, 2024
Maersk Tanker Underway
Shipping

Maersk Tankers Acquires Penfield Marine to Expand Tanker Services

Copenhagen-based Maersk Tankers has recently completed its acquisition of Penfield Marine, a boutique commercial management company. The move allows Maersk

January 8, 2024
Total Views: 2160

Friday, January 5, 2024
Stock photo of an oil tanker moored at sea
Shipping

Tankers Carrying Russian Oil Showing Signs of U.S. Sanctions Impact

By Sherry Su and Julian Lee (Bloomberg) — There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in

January 5, 2024
Total Views: 76735

Wednesday, December 20, 2023
tanker at sea
Shipping

U.S. Tightens Enforcement of Price Cap on Russian Oil

The U.S. Department of the Treasury has intensified its efforts to enforce the price cap on Russian oil by taking action against shipowners and vessels

December 20, 2023
Total Views: 1386

Wednesday, December 13, 2023
FILE PHOTO: A tanker ship passing through the Miraflores docks at the Panama Canal, in Panama City, December 30, 2009. REUTERS/Alberto Lowe/File Photo
Shipping

Fuel Tankers Face Long Slog as Panama Canal Drought Reroutes Trade

HOUSTON, Dec 13 (Reuters) – Oil tanker Cururo is taking the long way from Houston to Chile: sailing the length of South America’s Atlantic coast,

December 13, 2023
Total Views: 2504

Thursday, November 30, 2023
Tank vessel Endo Breeze underway after the fire. (Source: Martine Klingsick, Shipspotting.com)
Accidents

Maintenance Error Causes Engine Room Fire on Tanker

An engine room fire aboard a Maltese-flagged tanker last year that resulted in $1.2 million in damages was caused by a maintenance error, according to the

November 30, 2023
Total Views: 4061

A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
Shipping

OPEC+ Agrees to Deeper Supply Cuts

By Grant Smith, Salma El Wardany and Fiona MacDonald 1(Bloomberg) — OPEC+ agreed to make 1 million barrels a day of additional oil-supply cuts to go

November 30, 2023
Total Views: 1050

Wednesday, November 29, 2023
Commercial vessels, including oil tankers, wait at an anchorage in the Black Sea off Kilyos near Istanbul, Turkey, December 9, 2022. REUTERS/Umit Bektas
Shipping

Flows Redirected as Oil Loadings from Black Sea Ports Remain Suspended

MOSCOW, Nov 29 (Reuters) – Oil loadings from the Black Sea port of Novorossiysk and the Caspian Pipeline Consortium (CPC) terminal

November 29, 2023
Total Views: 1334

Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock
Shipping

OPEC+ Talks Continue with Prospect for Deeper Oil Cuts Unclear

By Maha El Dahan, Olesya Astakhova and Alex Lawler DUBAI/LONDON, Nov 29 (Reuters) – OPEC+ is continuing to hold talks on

November 29, 2023
Total Views: 658

Monday, November 27, 2023
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Greek Shipowners Avoiding Russian Oil

By Julian Lee (Bloomberg) — Oil tanker owners in Greece, the world’s most powerful shipowning nation, scaled back how much Russian crude they’re

November 27, 2023
Total Views: 2936

Friday, November 24, 2023
shutterstock_403068616 tanker nigeria
Shipping

Nigeria Revives Oil Tanker Tax Issue That Drove Up Freight

By Ruth Olurounbi (Bloomberg) — Nigeria again demanded that shipping companies pay outstanding tax bills totaling millions of dollars, reviving a

November 24, 2023
Total Views: 1854

FILE PHOTO: The oil tanker Minerva Virgo, docked at a terminal at Bayonne New Jersey, U.S., March 22, 2022. REUTERS/Bjoern Kils/File Photo
Shipping

Greek Shippers Exit Russian Oil Trade as U.S. Tightens Price Cap Scrutiny

MOSCOW/LONDON, Nov 23 (Reuters) – Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to

November 24, 2023
Total Views: 4463