Oil Tankers

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

Saturday, July 21, 2012
vlcc supertanker crude oil tanker lightning stormy seas
News

102.5 Million Barrels of Oil Are Enroute to China, Right Now

(Bloomberg) — Crude-oil shipments aboard supertankers bound for China fell 2.5 percent this week, according to ship-tracking data compiled by Bloomberg.

July 21, 2012
Total Views: 71

Friday, July 20, 2012
Pentagon: Iran Has Plans to Attack Oil Platforms and Tankers [WSJ REPORT]

Pentagon: Iran Has Plans to Attack Oil Platforms and Tankers [WSJ REPORT]

By Julian E. Barnes, The Wall Street Journal WASHINGTON — U.S. government officials, citing new intelligence, said Iran has developed plans to disrupt

July 20, 2012
Total Views: 44

medium range tanker transpetrol
News

Bookings for MR Tankers On the Rise as Gasoline Inventories Dwindle

(Bloomberg) — Gasoline shipments across the Atlantic Ocean from Europe may increase after inventories of the auto fuel on the U.S. East Coast reached

July 20, 2012
Total Views: 44

Wednesday, July 18, 2012
Exxon Valdez Still Fighting on Death Row
Blog

Exxon Valdez Still Fighting on Death Row

The M/V Oriental Nicety, aka the Exxon Valdez, is due to appear in front of India’s Supreme Court on Thursday to determine whether or not the vessel is

July 18, 2012
Total Views: 72

front chief vlcc frontline tanker crude oil
News

US and China Sit on Huge Stockpile of Crude as VLCC Charters Hit 17-Month Low

(Bloomberg) — The number of oil-tankers booked to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf is poised to slump to a 17-month

July 18, 2012
Total Views: 39

Monday, July 16, 2012
limerick spirit teekay tanker
News

Teekay’s Future Looks Bright as Russian Crude Exports Energize Tanker Market

(Bloomberg) — Teekay Corp., the biggest operator of Aframax crude tankers, is poised to return to profit after three years of losses as record Russian

July 16, 2012
Total Views: 115

Friday, July 13, 2012
kharg island satellite
News

Japan Dodges EU Embargo, Loads Supertanker at Iran’s Kharg Island

(Bloomberg) — Japan will load its first Iranian crude cargo backed by sovereign guarantees since sanctions disrupted coverage in the international

July 13, 2012
Total Views: 52

Thursday, July 12, 2012
national iranian tanker company
News

Screw the Embargo, Iran is Just Going to Unload Their Oil in India [REPORT]

(Bloomberg) — Two Iranian oil tankers, part of the fleet controlled by Tehran-based NITC Co., are proceeding to India to unload cargoes this month,

July 12, 2012
Total Views: 72

nitc tanker vlcc
Uncategorized

U.S. Adds NITC Tankers to Iranian Sanction List

(Bloomberg) — The U.S. Treasury identified the National Iranian Tanker Co. as an Iranian government entity, a move intended to make it tougher for Iran

July 12, 2012
Total Views: 60

Wednesday, July 11, 2012
Batista’s OSX May Win Petrobras Deal on Rival’s Ship Delays

Batista’s OSX May Win Petrobras Deal on Rival’s Ship Delays

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by Brazil’s richest man, stands to benefit from a rival’s failure to deliver vessels

July 11, 2012
Total Views: 66

Tuesday, July 10, 2012
$60 Million Worth of Sudan Crude Marooned Off Singapore
Uncategorized

$60 Million Worth of Sudan Crude Marooned Off Singapore

(Bloomberg) — More than 15 miles offshore Singapore a black-and-red hulled tanker has been stranded for about 150 days holding South Sudanese crude worth

July 10, 2012
Total Views: 197

swarna kalash mr tanker shipping corp of india
News

Iranian Oil Breaks the Gauntlet with Indian Tankers, and Insurance

MUMBAI–United India Insurance Co. has agreed to provide protection and indemnity cover to Indian tankers carrying oil from Iran with General Insurance

July 10, 2012
Total Views: 87

Monday, July 9, 2012
Petrobras Takes Delivery of Third Tanker Under 49-Ship Newbuild Program

Petrobras Takes Delivery of Third Tanker Under 49-Ship Newbuild Program

RIO DE JANEIRO–Brazilian state oil and gas producer Petroleo Brasileiro S/A (PBR. PETR4.BR), or Petrobras, took delivery Monday of a third oil tanker

July 9, 2012
Total Views: 53

medium range tanker transpetrol
News

Lower US Gasoline Demand Creates Glut of Medium Range Tankers

(Bloomberg) — The surplus of tankers available to haul European gasoline across the Atlantic Ocean is set to remain at the highest in at least a year as

July 9, 2012
Total Views: 37

tanker montego oil saudi aramco
News

Saudi Arabia Imports Cheap Oil from Europe

SINGAPORE–Saudi Arabian Oil Co., or Saudi Aramco, is shipping fuel oil from Northwest Europe to the Red Sea to meet Saudi Arabia’s peak domestic

July 9, 2012
Total Views: 59

Tuesday, July 3, 2012
energy strait hormuz oil iran
News

Crude Prices Spike After Latest Threats from Iran

(Dow Jones) Oil prices were solidly higher Tuesday morning on revived tensions over the Iranian nuclear program and renewed speculation about more Central Bank

July 3, 2012
Total Views: 29

Monday, July 2, 2012
Iran Drafts Bill to Block Straits of Hormuz Following Embargo

Iran Drafts Bill to Block Straits of Hormuz Following Embargo

LONDON–Iran has drafted a bill to block the Strait of Hormuz for oil tankers from states that support oil sanctions, an Iranian lawmaker said Monday. In

July 2, 2012
Total Views: 27

Friday, June 22, 2012
trafigura logo
News

Trafigura Charters VLCC Bound for S. Korea, Forties Prices May Soon Stabilize

LONDON–The sliding price of North Sea Forties crude, the main component of global benchmark Brent, is set to find support as up to 2 million barrels of

June 22, 2012
Total Views: 119

Monday, June 18, 2012
high-power-explosion-gibraltar
Ship Fires

High Power – Boiler Blasts Off Gibraltar

A tanker operated by Tokyo-based JX Shipping exploded on Friday off Rosia Bay, Gibraltar which echoed across the town.  This is the second explosion to hit

June 18, 2012
Total Views: 60

Thursday, June 14, 2012
Elizabeth I.A. vlcc
News

Statoil Charters VLCC to Ship 2 Million Barrels of Forties Crude to East Asia

(Dow Jones) LONDON–The price-supporting trade in crude oil from the North Sea to South Korea looks set to continue in July as Statoil ASA (STO) moves

June 14, 2012
Total Views: 200