Tankers News


Oil Exports from Russia's Western Ports Hit 4-year High

Apr 19, 2023

Oil loadings from Russia's key western ports in April will rise to the highest level since 2019, above 2.4 million barrels per day (bpd) despite Moscow's pledge to cut output, trading and shipping sources said.Russian crude exports and transit from the ports of Primorsk…

Biden Admin Greenlights LNG Exports from Alaska LNG Project

Apr 13, 2023

The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia.The Department of Energy approved…

Spain Tightens Rules on Ship-to-ship Oil Transfers

Mar 27, 2023

The Spanish government has tightened its rules around ship-to-ship oil transfers after an uptick in the activity along its coastline.Oil tankers seeking to carry out operations off the Mediterranean and Atlantic shores, even outside territorial waters…

Stolt Tankers Buys Tanker Pair for Caribbean Trade

Mar 21, 2023

Stolt Tankers acquired two 15,000 dwt stainless steel chemical tankers built in 2018 and 2019 respectively. The ships will be named Stolt Condor and Stolt Tucan, joining Stolt Tankers’ Inter-Caribbean service (SNICS) improving Stolt Tankers’…

Lukoil Sets up Ship-to-ship Russian Oil Loadings Near Kaliningrad

Mar 01, 2023

Russia's second-largest oil producer Lukoil has set up ship-to-ship (STS) loadings of Urals oil near the western port of Kaliningrad, Refinitiv Eikon data showed and trading sources told Reuters on Wednesday.The data shows 100,000 tonnes of…

Singapore Companies Should Manage Own Risks in Russian Oil Trade, Minister Says

Feb 24, 2023

Companies in Singapore will have to consider and manage any potential impact on their business activities, transactions, and customer relationships when dealing with Russian crude oil and refined products, a government official said on Friday…

US LNG Producers Poised to Leapfrog Rivals with Three New Projects

Feb 20, 2023

At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would make the country the world's largest LNG exporter for years to come…

First Azeri Oil Leaves Turkey's Ceyhan Since Quakes

Feb 13, 2023

The Nordlotus sailed from Turkey's Ceyhan oil export hub loaded with Azeri crude on Monday, the first such shipment since earthquakes hit the region on Feb. 6, ship-tracking data showed and a trading source said.The tanker carried 682,500 barrels of oil and began loading on Feb…

First Vessel Arrives at Freeport LNG Plant Since 2022 Fire

Feb 10, 2023

The first liquefied natural gas (LNG) vessel arrived on Friday at Freeport LNG's long-idled export plant in Texas since the facility shut in a fire in June last year, according to ship tracking data from Refinitiv.The vessel Kmarin Diamond is operated by a unit of oil major BP…

Regulators Green Light Freeport LNG to Return Ship Loading at Texas Plant

Feb 09, 2023

U.S. federal energy regulators on Thursday approved Freeport LNG's request to return ship loading to service at its long-idled Texas liquefied natural gas (LNG) export plant.Freeport, the second biggest U.S. LNG export plant, shut after a fire in June 2022…

Number of Ships Loading LNG in Spain Doubled in 2022

Feb 02, 2023

The number of ships loading liquefied natural gas (LNG) in Spain and taking it across Europe doubled in 2022 compared with the previous year, helping ease the energy crisis driven by Russia's invasion of Ukraine, gas grid operator Enagas said on Thursday…

Western Tankers Ramp Up Russian Oil Shipments

Jan 31, 2023

Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow's flagship Urals grade held below an international price cap, according to market sources and Eikon data.The Group of Seven nations (G7), Australia…

Venezuela's PDVSA Tightens Oil Prepayment Rules

Jan 30, 2023

Venezuela's state oil firm PDVSA is toughening terms for buyers after a month-long halt to most exports of crude and fuel, demanding prepayment ahead of loadings in either cash, goods or services, company documents showed.PDVSA's new Chief Executive Pedro Tellechea put the move in place this month…

Euronav Files Arbitration Request as Frontline Aims to Nix Merger

Jan 30, 2023

Euronav filed an application request for arbitration in relation to Frontline’s action to pursue the termination of the combination agreement of July 10, 2022.Following recent acquisitions of additional shares by Famatown Finance Limited (as disclosed on Euronav’s website)…

US Coast Guard Says Freeport LNG Hazard Study Addresses Its Requirements

Jan 25, 2023

The U.S. Coast Guard determined that a Hazard and Operability study for the Freeport LNG plant in Texas addresses its requirements, according to a regulatory filing on Wednesday, bringing the fire-idled facility one step closer to a restart…

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