Oil Tankers

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

Friday, June 13, 2025
wave breaking over tanker
News

Israel’s Strikes on Iran Jolt Tanker Markets, Freight Rates Soar

Israel’s overnight airstrikes on Iran drove up freight rates and tanker stocks Friday as traders and investors priced in the prospect of disruption to a

June 13, 2025
Total Views: 2068

A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf.REUTERS/Raheb Homavandi//File Photo
Shipping

Shipping on High Alert After Israeli Strikes Hit Iranian Military and Nuclear Sites

Israel launched extensive pre-emptive airstrikes against Iran early Friday morning in a major escalation of regional tensions, targeting Tehran’s

June 13, 2025
Total Views: 958

Thursday, June 12, 2025
tanker at sea
Shipping

Oil Tanker Titans Stay Calm But Cautious After Mideast Warnings

Several of the world’s largest ocean-tanker operators said they remained calm but cautious after risk warnings from naval forces for vessels operating in and

June 12, 2025
Total Views: 522

tanker underway at sea from the bridge
Shipping

OPEC Crude Tanker Loadings Surge 24% as Production Cuts Unwind

OPEC countries have recorded their highest weekly crude tanker loadings since April 2023, with a significant 24% week-on-week increase to 2.281 million barrels

June 12, 2025
Total Views: 357

Friday, May 23, 2025
wave breaking over tanker
Shipping

Frontline Posts $33M Profit as Tanker Market Weathers Geopolitical Storms

Frontline plc reported a profit of $33.3 million for the first quarter of 2025, with revenues reaching $427.9 million. The tanker company continues to

May 23, 2025
Total Views: 558

Wednesday, May 21, 2025
Stock photo of an oil tanker moored at sea
News

Hijack Call From Ship Off Iran a False Alarm, Security Firm Ambrey Says

A hijack signal sent from a Panama-flagged petroleum products tanker off Iran was a false alarm, British maritime security firm Ambrey said on

May 21, 2025
Total Views: 976

Tuesday, May 20, 2025
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

India Launches $10 Billion Tanker Fleet Plan to Boost Energy Security and Shipbuilding

India plans to spend 850 billion rupees ($10 billion) to purchase 112 crude carriers through 2040, people familiar with the matter said, as the world’s

May 20, 2025
Total Views: 1886

Monday, April 28, 2025
The Kozmino oil port in eastern Russia
Shipping

Greek Shippers Return to Russian Oil Market as Prices Slip Below G7 Cap

Greek shipowners are returning to Russia's Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide

April 28, 2025
Total Views: 1339

Monday, April 21, 2025
dorian lpg tanker
Shipping

Sino-US Trade War Redrawing Global LPG Trading, Outlook

The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for

April 21, 2025
Total Views: 1168

Friday, April 11, 2025
Germany secures oil tanker adrift off its Baltic coast.Handout via REUTERS
Incidents

Estonian Navy Detains Russia-Bound Oil Tanker in Baltic Sea

The Estonian navy detained and boarded a Russia-bound oil tanker on an EU sanctions list on Friday, accusing it of sailing illegally without a valid

April 11, 2025
Total Views: 6146

Friday, April 4, 2025
Oil tanker on the horizon at sunset
Shipping

Tankers International: VLCC Market Faces a Mirage of Growth as Ageing Fleet Drags Down Supply

VLCC specialist Tankers International is projecting effective vessel supply growth of only 1% in the next three years due to the declining usable capacity of a

April 4, 2025
Total Views: 1298

Friday, March 14, 2025
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Russian Oil Delivery Takes Seven Times Longer After Sanctions

The delivery of a two-million-barrel cargo of Russian oil to China took seven times longer than it would have done prior to a round of US sanctions imposed on

March 14, 2025
Total Views: 1449

Friday, March 7, 2025
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Mystery Mines: State Actor Likely Targeting Tankers Calling at Russian Oil Ports, Ambrey Warns

A state actor has been systematically targeting merchant vessels calling at Russian oil export facilities with naval mines since December 2024, according to a

March 7, 2025
Total Views: 153

Thursday, March 6, 2025
U.S. Mulling Plan to Intercept Iranian Tankers at Sea as Exports Surge
Shipping

U.S. Mulling Plan to Intercept Iranian Tankers at Sea as Exports Surge

President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering

March 6, 2025
Total Views: 129

Wednesday, March 5, 2025
A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
Shipping

Tankers: Canada’s Crude Exports Surge as US Implements New Tariffs

Canadian crude tanker exports have skyrocketed by 59% year-to-date, reaching 618 thousand barrels per day (kbpd), up from 388 kbpd during the same period last

March 5, 2025
Total Views: 91

Tuesday, March 4, 2025
tanker underway at sea from the bridge
Shipping

Tankers: OPEC+ to Proceed with Planned April Oil Output Hike

 OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing

March 4, 2025
Total Views: 65

Stock photo of an oil tanker moored at sea
Energy

Russia Flagship Oil Freight Soars After Biden Farewell Sanctions

The premium shipowners are charging to haul Russia’s flagship oil is soaring as farewell sanctions imposed by the outgoing Biden administration continue to

March 4, 2025
Total Views: 72

Friday, February 28, 2025
First Sanctioned Ship Gets Scrapped in Watershed for Dark Fleet
Shipping

First Sanctioned Ship Gets Scrapped in Watershed for Dark Fleet

An aging oil tanker sanctioned by the US is being taken apart in an Indian scrapyard, a potential watershed moment for the so-called dark fleet in a rapidly

February 28, 2025
Total Views: 1111

Thursday, February 27, 2025
File photo of an oil tanker at sea
Shipping

Oil Tankers Calling in Russia Get Mine Checks After Mystery Blasts

Owners of oil tankers calling at Russian ports are sending divers and underwater drones to check their ships’ hulls for mines — a precaution following a

February 27, 2025
Total Views: 1461

Tuesday, February 25, 2025
Indonesia seizes Iranian flagged tanker suspected of illegal oil transshipment in Indonesia's North Natuna Sea. Picture released July 11, 2023. Indonesia's Maritime Security Agency (Bakamla) / Handout via REUTERS
Energy

Iran Oil Flows Seen Curbed by Rush for Unsanctioned Tankers

Iranian oil sellers risk facing significant hurdles moving their cargoes out of the country as competition for unsanctioned tankers from Russia and Venezuela

February 25, 2025
Total Views: 611