Oil Tankers

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

Thursday, June 27, 2013
teekay americas spirit
News

Teekay Predicts Marginal Revival of Tanker Rates by 2014

Teekay Market Analyst, Christian Waldegrave notes in his latest conventional tanker market report that there has been very strong growth in non-OPEC oil

June 27, 2013
Total Views: 41

Jones Act Tanker Demand Lifted By Upward Trajectory of U.S. Crude Production
News

Jones Act Tanker Demand Lifted By Upward Trajectory of U.S. Crude Production

The domestic tanker industry in the United States is finding support from the boost in the nation’s crude oil

June 27, 2013
Total Views: 79

Monday, June 24, 2013
medium range tanker transpetrol
News

Transatlantic Clean Tanker Rates Boosted By Firmer Bookings

Clean tanker rates for refined petroleum products on top export routes were mostly softer on Monday although firmer bookings boosted earnings in the

June 24, 2013
Total Views: 69

South Korea to Cut Imports of Iranian Crude
News

South Korea to Cut Imports of Iranian Crude

By Meeyoung Cho SEOUL, June 24 (Reuters) – South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the

June 24, 2013
Total Views: 29

Monday, June 17, 2013
front duke vlcc supertanker frontline
News

Contracting Chinese Oil Imports Sinks Maritime Industry’s Biggest Tankers

June 18 (Bloomberg) — China’s oil imports are contracting for the first time since 2009, reducing the biggest source of demand for crude tankers at

June 17, 2013
Total Views: 53

charles r. weber shipbroker
News

Tanker Newbuilds to Significantly Outpace Demolitions

In a report by Charles R. Weber today, the shipbroker notes that the crude tanker market could be set for another 18 months of poor performance as ship

June 17, 2013
Total Views: 20

Friday, June 14, 2013
Brazil 2016 DP2 Shuttle Tanker tsakos
News

Shipping Confidence Reaches Two and a Half Year High

Moore Stephens' latest Shipping Confidence Survey produced evidence of increased enthusiasm for new investment, although doubts persisted about the

June 14, 2013
Total Views: 21

Tuesday, June 11, 2013
VLCC very large crude carrier oil tanker

Crude-Tanker Surplus Seen Swelling a Second Week in Persian Gulf

The surplus of tankers competing to ship 2 million-barrel oil cargoes from ports in the Persian Gulf expanded for a second

June 11, 2013
Total Views: 69

Friday, June 7, 2013
VLCC Charter Rates Slide
Uncategorized

VLCC Charter Rates Slide

(Bloomberg) Charter rates for the largest oil tankers hauling Middle East crude to Asia slid the most since January this week as the supply of cargoes

June 7, 2013
Total Views: 80

Wednesday, June 5, 2013
Fredriksen Sees Tanker Market Weak For At Lease 2 More Years

Fredriksen Sees Tanker Market Weak For At Lease 2 More Years

Shipping magnate John Fredriksen sees no quick turnaround on the market for crude oil tankers, but is more optimistic about the outlook for other arms of his

June 5, 2013
Total Views: 69

bergen viking rolls royce
News

Bergen Tankers to Convert Product Tanker to LNG Power

While at the NorShipping conference in Olso, Rolls-Royce signed a contract with Bergen Tankers AS today to convert the Lloyd’s Register-classed chemical

June 5, 2013
Total Views: 108

Monday, June 3, 2013
Tanker Involved in Collision in Houston Ship Channel
Incidents

Tanker Involved in Collision in Houston Ship Channel

The U.S. Coast Guard is again investigating a collision involving a tanker in Texas that resulted in some damage, but thankfully no pollution. The USCG said

June 3, 2013
Total Views: 66

Friday, May 31, 2013
Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong
News

Iran Storing 30 Million Barrels of Crude in 14 VLCC’s, Gibson Says

Iran is storing 30 million barrels of crude at sea as sanctions hinder exports and projects that would allow it to build onshore facilities to hold oil,

May 31, 2013
Total Views: 25

nassco
News

NASSCO Wins Order for LNG-Ready Jones Act Product Tankers

The contract includes options to build four additional

May 31, 2013
Total Views: 36

Thursday, May 30, 2013
scorpio tankers
News

Scorpio Ends Eco Buying Spree With a Bang

With a total 54 newbuilds on order, NYSE-listed Scorpio Tankers says its appetite for fuel-efficient product tankers has finally been

May 30, 2013
Total Views: 29

Frontline Tankers is Steaming Toward Financial Shoalwater
Finance

Frontline Tankers is Steaming Toward Financial Shoalwater

By Balazs Koranyi OSLO, May 30 (Reuters) – Frontline Ltd, the tanker arm of shipping tycoon John Fredriksen’s business empire, expects losses to

May 30, 2013
Total Views: 47

Wednesday, May 29, 2013
bw suez boston
News

Maersk Tankers Exits Gas Carrier Market, Sells Fleet to BW Group

(Bloomberg) — BW Group Ltd., the biggest owner of the largest liquefied petroleum gas carriers, will expand its fleet with ships valued at as much as

May 29, 2013
Total Views: 394

Tuesday, May 28, 2013
Epic shipping lpg
News

Sasaki Shipyard Wins LPG Tanker Newbuild Orders

Singapore-based LPG shipper, Epic Pantheon International Gas Shipping Ltd. has contracted Sasaki Shipyard to build two 5,000cbm fully-pressurised LPG carriers.

May 28, 2013
Total Views: 63

china myanmar pipeline
News

China To Complete Key Myanmar Oil Storage Facility, Pipelines to Bypass Malacca Strait

BEIJING, May 28 (Reuters) – Top state energy group China National Petroleum Company has completed six oil storage tanks on an island off western Myanmar

May 28, 2013
Total Views: 147

Friday, May 24, 2013
oil barrels bbls
News

Lacklustre Demand Weighs On Spot Prices for West African Crude

GENEVA, May 24 (Reuters) – Angolan and Nigerian differentials were under pressure on Friday as some Asian refiners snubbed west African grades in favour

May 24, 2013
Total Views: 25