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tankers


Monday, February 13, 2023
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Increased Cooperation Eases Shipowners’ Sanctions Exposure

By Ira Breskin, NEW YORK– Despite being clunky, sanctions that prohibit shipowners from lifting or transporting certain grades of Russian petroleum and

February 13, 2023
Total Views: 983

FILE PHOTO: The second Aframax-sized oil tanker sold to Venezuela is seen in Bushehr coast, Iran June 8, 2022. Picture taken June 8, 2022. Sadra Company/WANA (West Asia News Agency)/Handout via REUTERS
Shipbuilding

Venezuela’s PDVSA Reaches Deal on Iranian-Built Tankers

By Mircely Guanipa and Marianna Parraga PUNTO FIJO, Venezuela, Feb 13 (Reuters) – Venezuela will contract with an Iranian shipyard to build two

February 13, 2023
Total Views: 2634

Friday, February 3, 2023
tanker at sea
Shipping

Russia’s ‘Shadow Fleet’ of Tankers Swells to 600 Ships, Trafigura Says

By Archie Hunter, Alix Steel and Grant Smith (Bloomberg) — The “shadow fleet” of ships that transport Russian oil around the world has expanded to

February 3, 2023
Total Views: 10934

File photo of an oil tanker at sea
Shipping

Explainer: EU’s Embargo and Price Cap on Russian Oil Products

(Reuters) – A European Union ban on Russian refined petroleum products including diesel and fuel oil will take effect on Feb. 5 in an effort to curb

February 3, 2023
Total Views: 837

Tuesday, January 31, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Western Tankers Ramp Up Russian Oil Shipments Under Price Cap

MOSCOW, Jan 31 (Reuters) – Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship

January 31, 2023
Total Views: 1118

Monday, January 30, 2023
An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

Russia’s Oil Cargoes Surge Ahead of EU Import Ban

By Julian Lee (Bloomberg) — Russia’s seaborne oil flows look as if they are moving higher. Two possible explanations: the nation is pushing more

January 30, 2023
Total Views: 3007

Stock photo of a tanker being escorted by a tug in New York harbor
Shipping

New York Gasoline Shortage Brews Amid Fallout From EU’s Russia Ban

By Chunzi Xu (Bloomberg) — New York and much of the East Coast are at risk of a gasoline shortage this summer as the European Union’s ban of

January 30, 2023
Total Views: 3099

Wednesday, January 25, 2023
Aircraft Carrier Underway Replenishment with oiler
Navy

The US Navy Needs Tankers: A Crisis In Capability

By Captain Stephen M. Carmel (CIMSEC) The Department of Defense is projected to need on the order of one hundred tankers of various sizes in the event of a

January 25, 2023
Total Views: 20348

Socatra MR Tanker to be Fitted with Rotor Sails
Environment

Socatra MR Tanker to be Fitted with Rotor Sails

French shipowner turns to auxiliary wind propulsion to help decarbonize. French tanker company Socatra has entered into a contract with Norsepower to retrofit

January 25, 2023
Total Views: 1473

Friday, January 13, 2023
Russia Using Chinese Supertankers to Ship Oil to Asia
Shipping

Russia Using Chinese Supertankers to Ship Oil to Asia

By Nidhi Verma and Chen Aizhu NEW DELHI/SINGAPORE, Jan 13 (Reuters) – At least four Chinese-owned supertankers are shipping Russian

January 13, 2023
Total Views: 3681

An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

Russia is Increasingly Using its Own Tankers to Beat EU Sanctions

By Julian Lee (Bloomberg) — Sweeping European sanctions on the purchase and transportation of Russian oil have prompted the country to transport more

January 13, 2023
Total Views: 1481

Tuesday, January 10, 2023
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

G7 Nations Designing Price Caps on Russian Refined Oil Products

By Kevin Whitelaw (Bloomberg) — Group of Seven nations are aiming to design two price caps for Russian refined petroleum products to account for those

January 10, 2023
Total Views: 1101

Fredriksen’s Frontline Walks Away from Euronav Bid
Shipping

Fredriksen’s Frontline Walks Away from Euronav Bid

By Stephen Treloar (Bloomberg) — Frontline Plc, the shipping giant controlled by billionaire John Fredriksen, gave up plans to buy Euronav NV and

January 10, 2023
Total Views: 1279

Friday, January 6, 2023
tanker at sea
Shipping

Increased Chinese Crude Buying Spooks European Oil Traders

By Asad Zulfiqar and Sherry Su (Bloomberg) — China is snapping up cargoes of crude that would normally head to Europe, spooking the continent’s

January 6, 2023
Total Views: 4637

Thursday, December 22, 2022
tanker at sea
Shipping

Sanctions Could Cut Russia’s Baltic Oil Exports by 20%

MOSCOW, Dec 22 (Reuters) – Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December,

December 22, 2022
Total Views: 825

Tuesday, December 20, 2022
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Exxon is Avoiding Tankers with History of Transporting Russian Oil

By Asad Zulfiqar and Alex Longley (Bloomberg) — Exxon Mobil Corp., is avoiding hiring oil tankers that previously carried cargoes from Russia, putting

December 20, 2022
Total Views: 3129

Friday, December 16, 2022
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Tanker Shipowners Show Signs of Shunning Russia’s Asian Crude

By Serene Cheong, Julian Lee and Sharon Cho (Bloomberg) — There are tentative signs that oil tanker companies are avoiding sending their ships to

December 16, 2022
Total Views: 1761

Thursday, December 15, 2022
Proman Stena Bulk’s Fourth Methanol-Fueled Tanker Delivered
Shipping

Proman Stena Bulk’s Fourth Methanol-Fueled Tanker Delivered

Proman Stena Bulk has successfully taken delivery of its fourth methanol-fueled tanker, Stena Prosperous, paving the way for methanol’s uptake as a

December 15, 2022
Total Views: 1354

Wednesday, December 14, 2022
port of rotterdam storage
Shipping

Europe Fills Up On Diesel Cargoes as Russian Sanctions Near

By Jack Wittels (Bloomberg) — Europe is bringing in diesel cargoes from around the world at close to a record pace ahead of the coming ban on shipments

December 14, 2022
Total Views: 1040

two tankers conduct ship-to-ship transfer
Shipping

Russia Sets Up Baltic Sea Ship-to-Ship Terminal for Tankers

By Jack Wittels (Bloomberg) — Russia has set up a site in the Baltic Sea to allow it to transfer refined fuels from one vessel onto another in a bid

December 14, 2022
Total Views: 4567
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