tankers


Friday, June 16, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Tanker Rates from Nigeria Soar as Owners Steer Clear

By Alex Longley (Bloomberg) — The cost of shipping oil from Nigeria surged the most in more than a year at the end of a week in which some owners

June 16, 2023
Total Views: 2904

Wednesday, June 14, 2023
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Global Oil Demand Approaching Peak as Clean Energy Takes Center Stage, Says IEA Report

Growth in the global demand for oil is projected to experience a significant slowdown in the coming years before stalling out this decade amid the transition

June 14, 2023
Total Views: 814

A bird's-eye view of ships along the coast in Singapore July 9, 2017. REUTERS/Jorge Silva/File Photo
Accidents

Tanker Fire at Singapore Terminal Extinguished

A fire broke out on a tanker berthed at a terminal in Singapore on Wednesday, but was extinguished within about two hours with no injuries or pollution

June 14, 2023
Total Views: 1945

Monday, June 12, 2023
Marshall Islands-flagged oil tanker Advantage Sweet, which, according to Refinitiv ship tracking data, is a Suezmax crude tanker which had been chartered by oil major Chevron and had last docked in Kuwait, sails at Marmara sea near Istanbul, Turkey January 10, 2023. REUTERS/Yoruk Isik
Shipping

U.S. May Unload Oil From Seized Iranian Vessel Off Texas

(Bloomberg) — The US may soon start unloading oil from an Iranian tanker now anchored off the coast of Texas that was seized by the Department of Justice

June 12, 2023
Total Views: 6137

Thursday, June 8, 2023
Stock photo of an oil tanker moored at sea
Shipping

Operator Eyes 2027 Start Date for Texas Offshore Oil Export Project

HOUSTON, June 8 (Reuters) – Enterprise Products Partners’ Sea Port crude oil export terminal off the coast of Texas could begin operations

June 8, 2023
Total Views: 1963

Tuesday, June 6, 2023
The Kozmino oil port in eastern Russia
Shipping

Russian Crude Exports Stay High as OPEC+ Partners Call for Clarity

By Julian Lee (Bloomberg) — Russian crude oil flows to international markets continue unabated, with no substantive sign of the output cuts that

June 6, 2023
Total Views: 1942

Monday, June 5, 2023
Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock
Shipping

Saudi Pledges Big Oil Cuts in July as OPEC+ Extends Deal into 2024

By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA, June 4 (Reuters) – Saudi Arabia will make a deep cut to its output in July on top of a

June 5, 2023
Total Views: 1054

Stock photo of an oil tanker moored at sea
Shipping

Ports in China’s Oil Hub Shandong Scrutinizing Old Tankers -Sources

SINGAPORE, June 5 (Reuters) – Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more

June 5, 2023
Total Views: 1494

Sunday, June 4, 2023
Egypt Tows Away Stranded Tanker In Suez Canal
Shipping

Egypt Tows Away Stranded Tanker In Suez Canal

CAIRO, June 4 (Reuters) – An oil tanker that suffered engine failure in Egypt’s Suez Canal, briefly disrupting traffic in the vital waterway,

June 4, 2023
Total Views: 5833

Wednesday, May 31, 2023
A 2019 view of vessels in the Singapore Strait April 3, 2019. Picture taken on April 3, 2019. REUTERS/Henning Gloystein/File Photo
Shipping

Singapore Clamps Down on Tankers as Dark Fleet Grows

(Bloomberg) — Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the

May 31, 2023
Total Views: 2440

Monday, May 22, 2023
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Russian Oil Exports By Sea Show No Sign of Cuts

By Julian Lee (Bloomberg) — Russian crude oil flows to international markets still show no sign of the output cuts the country insists it is making.

May 22, 2023
Total Views: 1325

Wednesday, May 17, 2023
Russian Oil Finds Buyers in Asia
Shipping

Russian Oil Finds Buyers in Asia

By Sharon Cho, Rakesh Sharma and Prejula Prem (Bloomberg) — Russia is finding oil customers in Asia to replace sanctions-blocked European buyers — by

May 17, 2023
Total Views: 9299

Tuesday, May 16, 2023
lng bunkering
Shipping

Platts Launches Tanker Freight Benchmark Incorporating Alternative Fuel

Platts, a prominent provider of information and benchmark prices for the commodities and energy markets, has announced the launch of new tanker rate price

May 16, 2023
Total Views: 741

Thursday, May 11, 2023
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers Adds to Owned Fleet with More Purchase Options

Scorpio Tankers Inc. (NYSE: STNG), a global provider of petroleum product transportation, has exercised purchase options on five additional ships as the

May 11, 2023
Total Views: 1263

Thursday, May 4, 2023
Oil tanker in Ningbo Zhoushan port
Shipping

Shipping Data Reveals Surge in Oil Shipments Bound for China

By Sharon Cho and Bill Lehane (Bloomberg) — China’s recovery may be disappointing some oil bulls, but there’s one incontrovertible fact: the

May 4, 2023
Total Views: 1316

Wednesday, May 3, 2023
STRAIT OF HORMUZ (May 3, 2023) A screenshot of a video showing fast-attack craft from Iran’s Islamic Revolutionary Guard Corps Navy swarming Panama-flagged oil tanker Niovi as it transits the Strait of Hormuz, May 3, 2023. U.S. Navy Photo
Shipping

Latest Tanker Seizure Ratchets Up Tensions for Shipping on Vital Oil Route

By Verity Ratcliffe (Bloomberg) — Iran seized a second oil tanker in less than a week, ratcheting up tensions for shipping in one of the world’s

May 3, 2023
Total Views: 2812

Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock
Shipping

New Pure-Play Tanker ETF Launches on NYSE

A new ETF offering investors pure-play exposure to tanker shipping futures launched on the New York Stock Exchange today. The ETF, known as the Breakwave

May 3, 2023
Total Views: 1823

Tuesday, May 2, 2023
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

Russia’s Seaborne Crude Flows Climb with No Sign of Easing

By Julian Lee (Bloomberg) — Two months into Moscow’s threatened oil output cut, there is no sign of a sustained drop in crude flows out of the

May 2, 2023
Total Views: 1943

Friday, April 28, 2023
File photo of an oil tanker at sea
Uncategorized

Rising Oil Prices Complicate Russian Price Cap Checks for Marine Insurers

By Alex Longley (Bloomberg) — Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if they can

April 28, 2023
Total Views: 545

A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
Shipping

Russian Oil Still Powering Europe’s Cars With Help of India

By Prejula Prem and Sharon Cho (Bloomberg) — Russian oil is still powering Europe — just with the help of India. Back in December, the European Union

April 28, 2023
Total Views: 1828