Tags - Tanker

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Tags - Tanker

Hin Leong, Ocean Tanker s apply for court protection

Singapore oil trading firm Hin Leong and its Ocean Tanker s (OTC) arm have applied to the Singapore courts for protection against creditors.

News ID: 9199 Publish Date : 2020/04/20

US west coast clean tankers hit 2-month high

Strong US west coast exports of discounted refined oil products have boosted clean tanker rates to two-month highs.

News ID: 9156 Publish Date : 2020/04/15

Surge in Tanker Rates Unlikely to Continue

Asian clean and dirty tankers have just had one of their best first quarters in years as traders rushed to store oil products on the water as the COVID-19 pandemic slashed oil demand globally, but the boom in rates is not expected to continue beyond Q2.

News ID: 9065 Publish Date : 2020/04/06

Exxon wields clause banning ships with Venezuela visits

ExxonMobil is banning the use of any ship that has visited Venezuela in the last year to fulfill future crude shipments, a move that could effectively sideline hundreds of tankers from working for the company.

News ID: 6713 Publish Date : 2019/10/18

Arab Media: Attack on Iranian Tanker Indicates Failure of US Sanctions Policy

The recent attack on an Iranian oil tanker in the Red Sea indicated that the US is disappointed at the efficiency of its maximum pressure and oil sanction policy against Tehran, a leading Arab news outlet said Wednesday.

News ID: 6678 Publish Date : 2019/10/16

Official: Leakage from Targeted Iranian Tanker Halted

Head of the National Iranian Tanker Company (NITC) Nasrollah Sardashti announced that leakage of oil from the tanker which was hit by two explosions in the Red Sea on Friday has completely stopped, adding that the vessel will arrive in Iranian waters in 10 days.

News ID: 6643 Publish Date : 2019/10/12

Oil Producers, Refiners Face Surging Global Freight Rates

Rates to charter oil tankers from the Persian Gulf, United Kingdom and the US Gulf Coast to Asia surged to fresh highs on Friday as global oil traders grappled with a tanker shortage in the aftermath of US sanctions on units of Chinese giant COSCO.

News ID: 6631 Publish Date : 2019/10/12

Detained Iran tanker departs Gibraltar waters

An Iranian oil tanker that was detained by Gibraltar's authorities early last month on suspicion of taking crude to Syria has departed the UK overseas territory, after a last-ditch request by the US to halt the vessel's release was turned down.

News ID: 6058 Publish Date : 2019/08/19

India's Scrapped Ship Import Volume Increases 33% in July

Alang - Gujarat, has registered sharp growth in imports of scrapped ships in Jul'19 and the volume reached 7 months high since Dec'18, as per custom data maintained by SteelMint.

News ID: 5979 Publish Date : 2019/08/16

Report: Saudi Arabia Ends ‘Illegal’ Red Light for Iranian Tanker

An Iranian oil tanker which was “illegally” held by Saudi Arabia for two months has reportedly been released, and is now on its way back home with its entire crew on board.

News ID: 5362 Publish Date : 2019/07/21

Shipping Rates for Mideast Oil Surging

Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.

News ID: 4899 Publish Date : 2019/06/25

Oil Traders Have Bigger Worries Than Tanker War in Hormuz Strait

Oil tankers ablaze in the Gulf of Oman and the US pointing the finger at Iran should be enough to send the price of the world’s most vital commodity skyrocketing.

News ID: 4842 Publish Date : 2019/06/19

National Iranian Tanker Co Expanding Europe Operations

Despite the easing of sanctions, NITC tankers reportedly faced restrictions in berthing at European oil terminals until recently and foreign vessels carried Iran's crude to Europe

News ID: 883 Publish Date : 2017/01/20