Oil Tankers

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

Wednesday, March 12, 2014
North Korea Denies Ties to Tanker Loaded with Rebel Oil
News

North Korea Denies Ties to Tanker Loaded with Rebel Oil

North Korea said the tanker violated its laws, and a contract with the Alexandria-based company by carrying contraband

March 12, 2014
Total Views: 39

avance gas logo
Finance

Avance Gas Plans Oslo IPO

OSLO, March 12 (Reuters) – Gas tanker operator Avance Gas Holding is planning an initial public offering (IPO) and aims to list its shares on the Oslo

March 12, 2014
Total Views: 127

Rebel Tanker Reaches Egyptian Waters After Escaping Libya
News

Rebel Tanker Reaches Egyptian Waters After Escaping Libya

Libya's navy has lost contact with an oil tanker that loaded oil in a rebel-held port and has now slipped into Egyptian waters after being attacked by Libya's

March 12, 2014
Total Views: 40

Tuesday, March 11, 2014
North Korean Tanker Sneaks Out of Libya, Vessel Fired Upon – UPDATE
News

North Korean Tanker Sneaks Out of Libya, Vessel Fired Upon – UPDATE

Update: Libya’s Navy has reportedly fired upon the tanker, causing some damage to the vessel, and Italian vessels are helping to secure the

March 11, 2014
Total Views: 42

LNG carriers Qatar Nakilat-Keppel Offshore & Marine
News

Ship Glut Burdens LNG Tanker Market, Slashes Profits

Deliveries of new gas tankers have created a glut that is threatening to tip some operators into losses, just as other shipping markets emerge from their worst

March 11, 2014
Total Views: 24

Monday, March 10, 2014
Libya Seizes North Korea-Flagged Tanker After Loading Crude at Rebel Port – UPDATE
Shipping News

Libya Seizes North Korea-Flagged Tanker After Loading Crude at Rebel Port – UPDATE

Libyan navy and allied militia forces have surrounded a North Korea-flagged tanker just outside an eastern port held by rebels, a navy spokesman said on

March 10, 2014
Total Views: 42

Sunday, March 9, 2014
Libya Authorizes Use Of Force Against North Korean-Flagged Tanker
News

Libya Authorizes Use Of Force Against North Korean-Flagged Tanker

Libya's defence ministry has issued orders to its military authorizing the use of force to stop a North Korea-flagged tanker loading crude oil sold by armed

March 9, 2014
Total Views: 30

Saturday, March 8, 2014
Libya Threatens to Bomb North Korean Ship If It Exports Seized Oil
News

Libya Threatens to Bomb North Korean Ship If It Exports Seized Oil

Libya threatened on Saturday to bomb a North Korean-flagged tanker if it tries to export oil from a rebel-controlled port east of Tripoli, in a major

March 8, 2014
Total Views: 38

Friday, March 7, 2014
torm
Finance

Torm Loses 13 Product Tankers to Oaktree

As part of Torm’s 2012 restructuring agreement, three bank facilities were given certain specific option rights up until 31 July 2014 that could trigger

March 7, 2014
Total Views: 833

cameron lng ship facility
News

U.S.-Flagged LNG Ships Gain Support as Export Costs Seen Rising

March 7 (Bloomberg) — U.S. lawmakers are making a fresh push to require exports of natural gas to be carried on American ships. Proposals from

March 7, 2014
Total Views: 246

D’Amico Shipping Sells 10 Percent Stake After Very Successful Year
Finance

D’Amico Shipping Sells 10 Percent Stake After Very Successful Year

After a very successful year which has seen product tanker owner, d’Amico International Shipping S.A. (Borsa Italiana: DIS), shares rise over 59 percent, the

March 7, 2014
Total Views: 24

Monday, March 3, 2014
white house front lawn american flags
News

U.S. Oil Export Ban Could Be Lifted Piecemeal

By John Kemp LONDON, March 3 (Reuters) – The White House could lift the ban on U.S. oil exports in stages, according to an analysis of past presidential

March 3, 2014
Total Views: 29

LNG carrier Cheikh el Mokrani
News

Algeria to Boost Gas Shipments to Asia on Expanded LNG Capacity

March 3 (Bloomberg) — Algeria plans to increase natural gas shipments to Asia where the fuel costs more than in Europe, the Sahara nation’s traditional

March 3, 2014
Total Views: 65

STX Shipbuilding Wins Major Crude Tanker Order
News

STX Shipbuilding Wins Major Crude Tanker Order

STX Offshore and Shipbuilding has won a 746 billion won (US$696.5 million) order today to build 13 crude oil tankers including three Suezmax and ten

March 3, 2014
Total Views: 48

Thursday, February 27, 2014
front shanghai frontline vlcc tankers
News

Three Straight Years of Losses for Frontline Tankers

For the world’s largest crude oil tanker company, 2013 was another year of losses.  Frontline Tankers reported today their third yearly net loss in a

February 27, 2014
Total Views: 108

Friday, February 21, 2014
neste oil tanker suula
News

Neste Oil Chooses OSM to Manage Fleet

As part of Neste Oil’s plan to exit the shipping business, the Finnish oil refining and marketing firm has reached an agreement this week with

February 21, 2014
Total Views: 170

qatargas Q-Flex class LNG vessel Al-Gharrafa
News

China’s LNG Imports Rise 77 Percent as New Terminal Comes on Line

Feb. 21 (Bloomberg) — China’s imports of liquefied natural gas rose to a record for a second month in January as new terminals and winter heating

February 21, 2014
Total Views: 41

nordic tankers marianne
News

Former CEO of Eitzen Chemical Takes Over at Nordic Tankers

7 months after taking over as CEO of Nordic Tankers, Claus Thornberg is out the door. Effective today, Per Sylvester Jensen has assumed the role as Nordic

February 21, 2014
Total Views: 93

Tuesday, February 18, 2014
yangtze pearl vlcc
News

China’s Nanjing Tanker Poised To Delist, Underscoring Corporate Woes

  By Matthew Miller and Fang Yan BEIJING, Feb 18 (Reuters) – CSC Nanjing Tanker Corp is poised to become the first company backed by China’s

February 18, 2014
Total Views: 103

Monday, February 17, 2014
Ocean Tankers’ VLCC Offloads Crude as South Korea Reports Another Offshore Oil Spill
News

Ocean Tankers’ VLCC Offloads Crude as South Korea Reports Another Offshore Oil Spill

By Meeyoung Cho SEOUL, Feb 17 (Reuters) – A tanker run by Singapore’s Ocean Tankers completed the offloading of 278,000 tonnes of oil in the sea

February 17, 2014
Total Views: 232