Oil Tankers

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

Monday, February 24, 2025
Marshall Islands-flagged crude oil tanker Seacharm transits the Bosphorus in Istanbul, Turkey,
Shipping

Limpet Mines Eyed as Likely Cause of Blasts on Two Tankers in Mediterranean Sea

Mines attached to the hulls of ships and set off with timers likely caused blasts that have damaged two crude oil tankers in the Mediterranean Sea since

February 24, 2025
Total Views: 3369

Friday, February 21, 2025
Image appears to show the Russian cargo ship Ursa Major listing heavily to port
Incidents

Russia Orders Diver Inspections at Ports After Tanker Blasts

Russian authorities are tightening measures at ports, including employing divers to inspect the underside of vessels, in response to rising threats to

February 21, 2025
Total Views: 9137

Thursday, February 20, 2025
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Oil Tankers Rocked by Mystery Blasts After Trips to Russia

At least four oil tankers have been hit with explosions so far this year — all of them having visited Russia’s territorial waters in the weeks prior to the

February 20, 2025
Total Views: 3270

Italy Prosecutors Open Terrorism Probe Into Oil Tanker Explosion
Incidents

Italy Prosecutors Open Terrorism Probe Into Oil Tanker Explosion

Italian prosecutors have opened a terrorism investigation over an explosion last weekend that damaged an oil tanker anchored off the coast of northern Italy,

February 20, 2025
Total Views: 1777

Wednesday, February 19, 2025
Image appears to show the Russian cargo ship Ursa Major listing heavily to port
Shipping

Mystery Blasts Rock Mediterranean Tankers

Three oil tankers have been damaged by blasts in the last month in separate incidents around the Mediterranean, with the causes unknown, shipping and security

February 19, 2025
Total Views: 10019

Friday, February 14, 2025
lng ship
Shipping

India to Boost Oil and Gas Imports From U.S. to Avoid Trump Tariffs

India has agreed to boost oil and gas imports from the US in an effort to reduce the trade imbalance between the two countries and avoid retaliatory

February 14, 2025
Total Views: 679

Tuesday, February 11, 2025
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

Tanker With Oil From Sanctioned Russian Producer Idles Off India

An oil tanker carrying crude from a Russian producer that was recently sanctioned by the US has been floating off West Coast of India for two days, raising a

February 11, 2025
Total Views: 1587

Friday, February 7, 2025
oil tanker
Shipping

Tanker Owners Cash In on a Seller’s Market

By Ira Breskin NEW YORK — This is a seller’s market for tankers. That was the consensus of industry experts speaking here this week at the 31st annual

February 7, 2025
Total Views: 2035

Thursday, February 6, 2025
File photo of an oil tanker at sea
Shipping

Denmark Intensifies Inspections of Russian Oil Tankers in Critical Shipping Lane

The Danish Maritime Authority is intensifying oversight of oil tankers in the Skagen Roads area of the Danish Straits as part of a broader European initiative

February 6, 2025
Total Views: 2454

Tuesday, February 4, 2025
Sounion oil tanker on fire in Red Sea. EUNAVFOR ASPIDES/Handout via REUTERS
Shipping

Oil Tanker Attacked Last Year Crosses Red Sea as Houthi Ceasefire Holds

Liberian-flagged crude oil tanker Chrysalis, which was attacked by Yemen's Houthis last year, sailed through the Red Sea this week, the Suez Canal said on

February 4, 2025
Total Views: 1981

Monday, January 27, 2025
Stock photo of a tanker at sea
Shipping

Russian Oil Tankers U-Turn and Then Halt Near France After Storm

Two oil tankers hauling crude from Russia made U-turns as they sailed past France and are now at a standstill near the northern port of

January 27, 2025
Total Views: 19431

Thursday, January 23, 2025
ship to ship
Shipping

Russian Oil Tankers Search for New Flags to Hide From Sanctions

A chunk of Russia’s oil tanker fleet is being forced to change the flag they sail under as US and UK sanctions heap pressure on Moscow’s shipping

January 23, 2025
Total Views: 1507

Russian Oil Freight Rates Soar on Sanctions-Driven Tanker Shortage
Energy

Russian Oil Freight Rates Soar on Sanctions-Driven Tanker Shortage

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions

January 23, 2025
Total Views: 612

Wednesday, January 22, 2025
Stock photo shows an oil tanker at a terminal
Shipping

Crude Oil Tanker Fleet Growth Flatlines as Deliveries Hit Lowest Level Since 1988

New crude oil tanker deliveries hit a 36-year low in 2024, with only 17 new vessels joining the global fleet, representing a capacity of 2.5 million deadweight

January 22, 2025
Total Views: 684

A crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay. REUTERS/Tatiana Meel
Energy

Oil Tankers Reroute to Russian Pacific Port Hobbled by Sanctions

Tankers that used to haul oil from Russia’s western ports are being redeployed to the nation’s east to service a key crude route to China that’s been

January 22, 2025
Total Views: 1270

Monday, January 20, 2025
vlcc tanker u-turn
Shipping

Supertanker Rates on China Routes Double Since Sanctions

The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the extent to which the move has

January 20, 2025
Total Views: 1274

Friday, January 17, 2025
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

China and India Scramble for Crude as Sanctioned Russian Tankers Turn Back

The most aggressive Western sanctions imposed on Russia’s oil sector since Moscow’s 2022 invasion of Ukraine threaten to disrupt global supply as buyers

January 17, 2025
Total Views: 16448

An aerial view shows the Vladimir Arsenyev tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo
Shipping

The Definitive Guide to Where the US Has Squeezed Russia’s Oil Flows the Hardest

The latest US sanctions on oil tankers hauling Russian petroleum look set to cause severe disruption across the nation’s export machine, with some of

January 17, 2025
Total Views: 4609

Thursday, January 16, 2025
Drone Photo Of A Product Tanker carrying Gasoline.
Shipping

Product Tanker Fleet Growth to Hit 16-Year High in 2025, BIMCO Reports

The product tanker sector is bracing for a monumental surge in fleet capacity, with newbuild deliveries projected to reach 12 million deadweight tonnes (DWT)

January 16, 2025
Total Views: 581

A crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay. REUTERS/Tatiana Meel
Shipping

Cost to Ship Russian ESPO Oil to China Triples After Sanctions

The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with

January 16, 2025
Total Views: 551