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Tuesday, December 13, 2022
Turkey Reaches Deal Over New Tanker Insurance Regulations
Shipping

Turkey Reaches Deal Over New Tanker Insurance Regulations

ISTANBUL, Dec 13 (Reuters) – Turkey welcomed an agreement reached with its counterparts on Tuesday that allows the continuation of a new

December 13, 2022
Total Views: 978

Sunday, December 11, 2022
China Shipyards Record Increased LNG Tanker Orders As S.Korea Builders Are Full Up
Shipbuilding

China Shipyards Record Increased LNG Tanker Orders As S.Korea Builders Are Full Up

By Chen Aizhu SINGAPORE, Dec 12 (Reuters) – China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as

December 11, 2022
Total Views: 1832

Friday, December 9, 2022
At Least 15 Million Barrels Caught Up in Turkish Tanker Impasse
Shipping

At Least 15 Million Barrels Caught Up in Turkish Tanker Impasse

By Firat Kozok, Selcan Hacaoglu and Sherry Su (Bloomberg) — Turkey dug in on an insistence that oil tankers navigating its waters must prove they’re

December 9, 2022
Total Views: 1947

Turkish Strait Oil Tanker
Shipping

Deepening Turkish Tanker Jam Snarls Russia Oil Sanctions

By Daren Butler and Can Sezer ISTANBUL, Dec 9 (Reuters) – Turkey emerged as a critical stumbling block to a complex international plan to

December 9, 2022
Total Views: 1379

Thursday, December 8, 2022
File photo of a product tanker underway at sea
Shipping

OSG Extends Bareboat Charters with American Shipping Company

U.S.-flag energy shipping company Overseas Shipholding Group (NYSE: OSG) has exercised options to extend its bareboat charter agreements with American Shipping

December 8, 2022
Total Views: 1959

vlcc supertanker
Shipping

Supertanker Earnings Plunge on Reduced Crude Supplies

By Alex Longley and Sharon Cho (Bloomberg) — Earnings for giant supertankers carrying crude are slumping as OPEC+ production cuts and reduced releases

December 8, 2022
Total Views: 917

Turkey Holds Firm on Tanker Insurance Demand as Jam Worsens
Shipping

Turkey Holds Firm on Tanker Insurance Demand as Jam Worsens

(Bloomberg) — A standoff over sanctions and insurance that has caused a jam of oil tankers at the key Bosphorus shipping strait escalated on Thursday,

December 8, 2022
Total Views: 2169

Wednesday, December 7, 2022
Turkish Strait Oil Tanker
Shipping

Russia is Concerned Over Oil Tanker Jam in Bosphorus – RIA

MOSCOW, Dec 7 (Reuters) – Russia is concerned about a build-up of oil tankers in the Bosphorus Strait and is discussing the issue with

December 7, 2022
Total Views: 1879

Tuesday, December 6, 2022
Turkish Tanker Jam Leaves Millions of Barrels Stuck at Sea
Shipping

Turkish Tanker Jam Leaves Millions of Barrels Stuck at Sea

By Julian Lee and Alex Longley (Bloomberg) — Oil tankers hauling millions of barrels of Kazakh crude are being prevented from leaving the Black Sea to

December 6, 2022
Total Views: 4664

Monday, December 5, 2022
Tanker Jam Off Turkey as Price Cap on Russian Crude Kicks In
Shipping

Tanker Jam Off Turkey as Price Cap on Russian Crude Kicks In

Dec 5 (Reuters) – Oil tankers formed a traffic jam off the coast of Turkey on day one of the West’s price cap on Russian crude, with

December 5, 2022
Total Views: 2735

tanker at sea
Shipping

Russia’s European Crude Sales Collapse 

By Julian Lee (Bloomberg) — Russia’s crude oil shipments to Europe are shrinking fast. A European Union ban on seaborne imports from the country is

December 5, 2022
Total Views: 8413

tanker underway
Shipping

Russian Oil Sanctions Fuel Boom for Old Tankers

By Julia Payne and Jonathan Saul LONDON, Dec 5 (Reuters) – The market for old oil tankers is booming, and it’s all down to efforts by

December 5, 2022
Total Views: 3528

Monday, November 28, 2022
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Russia Oil Turmoil Seen Driving Tanker Market Higher

By Jonathan Saul LONDON, Nov 28 (Reuters) – Tough new sanctions on Russian oil shipments taking effect from December are likely to boost

November 28, 2022
Total Views: 1042

Saturday, November 26, 2022
Oil Freight Boom Makes $1 Million Waiting Bills More Common
Shipping

Oil Freight Boom Makes $1 Million Waiting Bills More Common

By Alex Longley and Sherry Su (Bloomberg) –With soaring shipping costs comes soaring bills for ships doing nothing. In the oil-tanker market, day rates

November 26, 2022
Total Views: 3842

Wednesday, November 23, 2022
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Russia’s Tanker Fleet Too Small to Bypass Oil Price Cap

By Noah Browning and Julia Payne LONDON, Nov 23 (Reuters) – Russia’s oil tanker fleet is too small to fully circumvent a plan by the

November 23, 2022
Total Views: 4072

Tuesday, November 22, 2022
U.S. Navy Confirms Iranian Drone Struck Tanker in Middle East
Defense

U.S. Navy Confirms Iranian Drone Struck Tanker in Middle East

A U.S. Navy analysis has confirmed that an Iranian drone was behind the November 15 attack on a Liberian-flagged commercial tanker transiting international

November 22, 2022
Total Views: 9623

tanker in storm
Shipping

Soaring Tanker Rates Pile Pressure on Crude Markets

By Sherry Su, Sharon Cho, Bill Lehane and Lucia Kassai (Bloomberg) — Soaring shipping costs are piling pressure onto physical oil markets that are

November 22, 2022
Total Views: 1280

Monday, November 21, 2022
Oil Tanker Bridge
Shipping

Russia’s War Rewires Global Crude Trade

By Elina Ganatra (Bloomberg) — Oil tanker tycoons are enjoying a surge in revenue as the sanctions triggered by Russia’s war are redrawing the global

November 21, 2022
Total Views: 2909

Friday, November 18, 2022
Britain Says Drone Circles Ship in Gulf of Oman
Shipping

Britain Says Drone Circles Ship in Gulf of Oman

DUBAI, Nov 18 (Reuters) – Britain’s maritime agency said a drone circled a ship in the Gulf of Oman on Friday, three days after an Iranian-made

November 18, 2022
Total Views: 1468

Thursday, November 17, 2022
Oil tanker British Heritage sails in the Bosphorus, on its way to the Black Sea, in Istanbul
Shipping

Turkey Adds Teeth to Russia Sanctions With Tanker-Insurance Rule

By Alex Longley, Ugur Yilmaz and Ercan Ersoy (Bloomberg) — Turkey warned the world’s oil shippers they will need to prove they’re insured to cross

November 17, 2022
Total Views: 3266
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