Geopolitical Risks Send Supertanker Rates to Record Levels
By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels
By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels
LOS ANGELES, Oct 10 (Reuters) – The Port of Los Angeles, the busiest for ocean trade with China, processed fewer containers of imported goods in
By Sabina Zawadzki LONDON, Sept 30 (Reuters) – U.S. sanctions on two units of Chinese shipper COSCO hit the liquefied natural gas (LNG) tanker
The sanctions targeted COSCO Shipping Tanker (Dalian) Co. and COSCO Shipping Tanker (Dalian), along with Seaman & Ship Management Co. and a handful of
By Jan Wolfe WASHINGTON, Sept 16 (Reuters) – A U.S. House of Representatives panel on Monday demanded documents from Transportation Secretary Elaine Chao
NEW YORK/HOUSTON, Sept 16 (Reuters) – U.S. crude export demand at the Gulf Coast surged on Monday, traders said, as the window to export crude profitably
By Timothy Gardner WASHINGTON, Sept 11 (Reuters) – The U.S. House of Representatives on Wednesday passed a bill to ban offshore oil and gas drilling off
WASHINGTON, Aug 23 (Reuters) – President Donald Trump said on Friday the United States would subject Chinese imports to an additional 5% tariff in
HOUSTON, Aug 23 (Reuters) – China’s threat on Friday to slap a 5% tariff on U.S. oil imports could further soften demand for physical crude at hubs
PARIS, Aug 22 (Reuters) – An Iranian tanker which the United States wants seized is not heading towards Greece as it sails through the Mediterranean,
By Jessica Resnick-Ault and Nichola Groom NEW YORK, Aug 20 (Reuters) – A major auction of oil and gas leases in the U.S. Gulf of Mexico on Wednesday
GENEVA, Aug 21 (Reuters) – If Iran’s oil exports are cut to zero, international waterways will not have the same security as before, its president
ATHENS, Aug 20 (Reuters) – Greece said on Tuesday it had not had a request for an oil tanker at the center of a row between Iran and the
By Mike Wackett (The Loadstar) – Despite the escalating US/China trade war, the ten biggest US container ports posted a surprisingly robust 2.7%
By Jennifer A. Dlouhy – (Bloomberg) –The Trump administration is readying a plan to end direct federal regulation of methane leaks from oil and gas
WASHINGTON, Aug 13 (Reuters) – China has denied a request for two U.S. Navy ships to visit Hong Kong in the coming weeks, U.S. officials said on Tuesday,
(Bloomberg) –The Trump administration cast the fate of the nation’s first major offshore wind farm into doubt by extending an environmental review for
By Susan Heavey, Yawen Chen and David Stanway WASHINGTON/BEIJING/SHANGHAI, Aug 6 (Reuters) – U.S. President Donald Trump on Tuesday dismissed
By Mike Wackett (The Loadstar) – The sharp escalation in the US/China trade war could see some short-term front-loading gains for transpacific carriers
DUBAI, July 30 (Reuters) – Iran was to revive maritime security talks on Tuesday with traditional foe the United Arab Emirates (UAE) in an apparent bid
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