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 28, 2014
nitc tanker
News

Tehran Looks for Foreign Investment as Iranian Tankers Restart Crude Shipments

The National Iranian Tanker Company (NITC) is poised to carry crude oil to Asian buyers in its own vessels as sanctions ease following the implementation of

January 28, 2014
Total Views: 24

Lisa Murkowski brookings
News

Cheaper Gasoline Hurts ExxonMobil’s Plea for U.S. Crude Exports

ExxonMobil Corp.’s push to export U.S. oil overseas is facing a new obstacle: falling gasoline

January 28, 2014
Total Views: 36

bw hermes ship
News

Yara Orders Specialized Ships to Transport Liquid Ammonia

Yara International ASA, one of the world’s largest specialty chemical and fertilizer companies, placed an order today with South Korean shipbuilder

January 28, 2014
Total Views: 2364

Friday, January 24, 2014
stealth gas sir ivor lpg carrier
News

NGL Traders Are Making Serious Bank Off U.S. Oil Boom

"Traders can make about $5 million profit on each U.S. propane cargo shipped overseas" - Philipps

January 24, 2014
Total Views: 345

Thursday, January 23, 2014
dht ann vlcc supertanker
News

Additional Fleet Growth Planned for DHT Holdings

2014 looks to be a year of physical growth for crude tanker owner DHT Holdings. At the end of last year, DHT placed an order at Hyundai Heavy Industries

January 23, 2014
Total Views: 85

Wednesday, January 22, 2014
sourena floating storage unit iran tanker
News

Iran’s Oil Sales Rise As Sanctions Pressure Eases

Iran's oil exports have picked up modestly in January for the third consecutive month, according to sources who track tanker movements, adding to signs that

January 22, 2014
Total Views: 38

heung-a shipping chemical tanker
News

Heung-A Shipping Orders Chemical Tankers

International maritime transportation firm, Heung-A Shipping announced today an $86.6 million (KRW 92.1 billion) newbuild order for four chemical tankers

January 22, 2014
Total Views: 117

Tuesday, January 21, 2014
teekay kareela spirit aframax tanker
News

Peeling the Risk Onion Back: Teekay’s New Tanker Investment Company

Earlier today, January 21st, 2014, Teekay Tankers Ltd. (NYSE:TNK) and Teekay Corporation (NYSE:TK) announced the creation of Tanker Investments Ltd. (TIL)

January 21, 2014
Total Views: 103

One Dead, Four Injured in Istanbul Tanker Blast
News

One Dead, Four Injured in Istanbul Tanker Blast

One person has died and four others were injured Monday afternoon following an explosion onboard a chemical tanker near the Tuzla Shipyard in Istanbul,

January 21, 2014
Total Views: 55

teekay kareela spirit aframax tanker
News

Teekay Splits Off New Tanker Investment Company

As a play on the cyclical, secondhand crude tanker market, Teekay Tankers Ltd. (NYSE:TNK) and Teekay Corporation (NYSE:TK) announced today the creation of a

January 21, 2014
Total Views: 201

Monday, January 20, 2014
bw group
News

BW Adds Options to Build More Large Gas Carriers

BW LPG confirmed today that they have negotiated a plan with Hyundai Heavy Industries to move the construction timeline 10 months to the left on their pair of

January 20, 2014
Total Views: 47

Saturday, January 18, 2014
International Refiners Rush To Ship Gasoil, Diesel To Freezing U.S.

International Refiners Rush To Ship Gasoil, Diesel To Freezing U.S.

Refiners in Asia, Europe and Russia are shipping around half a million tonnes of heating oil and diesel to the United States this month after bitterly cold

January 18, 2014
Total Views: 34

Tuesday, January 14, 2014
pacific sky tanker product
News

First Jubail Diesel Cargo Adds To Pain For Europe’s Refiners

Diesel from the new Jubail refinery in Saudi Arabia will head to Europe for the first time this month, piling pressure on refineries already battered by huge

January 14, 2014
Total Views: 51

Monday, January 13, 2014
product tanker mr oil ship
News

Transatlantic Clean Tanker Rates Rally To 5-Month High

Clean tanker rates on major export routes were mostly lower on Monday while firmer bookings helping to lift the transatlantic market to its highest level in

January 13, 2014
Total Views: 62

overseas shirley tanker osg
News

OSG to Outsource Technical Ship Management

Overseas Shipholding Group, Inc. (OTC:OSGIQ) has announced today that V.Ships will now take on the role of technical manager for their entire fleet of

January 13, 2014
Total Views: 149

MAN B&W Diesel 7S70ME-C
Engineering News

Nakilat to Repower Q-MAX LNG Carrier with Dual Fuel ME-GI Engine

Qatari shipping company Nakilat, the world’s largest owner of LNG carriers, along with Qatari LNG producers Qatargas, RasGas and engine manufacturer MAN

January 13, 2014
Total Views: 422

Sunday, January 12, 2014
maersk nautilus tanker vlcc crude carrier
News

Shipowners Make Big Bets on Markets and Evolving U.S. Export Policies

With the holidays behind us, shipping slowly returns to daily routine of moving cargoes (we should never forget what shipping is all about) and everyone having

January 12, 2014
Total Views: 251

Thursday, January 9, 2014
Crude Tanker Market Recovery Hinges on Ending U.S. Export Ban

Crude Tanker Market Recovery Hinges on Ending U.S. Export Ban

The recovery propelling shipping markets is poised to leave crude-oil tankers behind, unless the U.S. changes its 39-year-old ban on most unrefined

January 9, 2014
Total Views: 73

Thursday, December 26, 2013
iver expert
News

Los Angeles Gasoline Gains With Ships Chartered From West Coast

Dec. 26 (Bloomberg) — Los Angeles gasoline climbed to the highest level against futures in six weeks after three ships were chartered off the U.S. West

December 26, 2013
Total Views: 66

Wednesday, December 25, 2013
american petroleum tankers golden state
Finance

Private Equity Investing and the Jones Act

In a week expected to be dominated by otherwise routine festive celebrations, Kinder Morgan Energy Partners, L.P. (NYSE: KMP) announced that it has entered

December 25, 2013
Total Views: 1311