Oil Tankers News

 

Cold Snap Shuts Houston Ship Channel

Feb 16, 2021

A deep freeze that hit Texas over the weekend wrought more havoc on the U.S. energy sector on Tuesday, curbing output in the largest U.S. oil field, knocking out a fifth of the nation's refining capacity, and shutting a key shipping channel in Houston.Historic cold has knocked out roughly 4 million barrels per day of refining capacity, more than one-fifth of national capacity, according to Reuters calculations…

Reliance Refusing Sovcomflot Oil Shipments

Mar 20, 2024

India's Reliance Industries, operator of the world's biggest refining complex, will not buy Russian oil loaded on tankers operated by shipping company Sovcomflot (SCF) after recent U.S. sanctions, according to two sources familiar with the matter…

Lithuania Probes Baltic Sea Oil Spill

Feb 08, 2024

Lithuania said on Thursday it had been informed by a subsidiary of Polish oil refiner Orlen PKN of an oil spill in the country's waters in the Baltic Sea and had launched a probe into the incident.Lithuania's Environmental Protection Department said in a statement the subsidiary…

Osman Named President, CEO at AET

May 12, 2023

MISC Berhad announced the change of President & CEO and Chairman of AET effective June 1, 2023. Zahid Osman has been appointed as the President & CEO, succeeding Capt. Rajalingam Subramaniam. The current Chairman, Datuk Yee Yang Chien will step down as of 31st May 2023…

India Bans Oil Tankers, Bulk Carriers Older than 25 Years

Feb 28, 2023

India has withdrawn trading licenses for oil tankers and bulk carriers that are more than 25 years old, its shipping regulator said, as the world's third-largest greenhouse gas emitter looks to cut emissions and reduce the average age of its fleet…

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…

Industry Veteran Ullman to Retire; Lewenhaupt tapped for CEO spot at Concordia Maritime

Nov 15, 2021

Erik Lewenhaupt will take over as CEO of Concordia Maritime on January 1, 2022, succeeding Kim Ullman, who informed the Board his wish to step down as CEO and retire.Lewenhaupt has a long track record in tanker shipping. He started his tanker career at Nordström & Thulin in 1996…

Loading Ops Restart at Libyan Oil Ports

Sep 10, 2021

Loading operations at the Libyan oil terminals of Es Sider and Ras Lanuf resumed on Friday after a stoppage, National Oil Corporation and two engineers at the ports said.Exports were still halted at a third terminal, Hariga, where people have blocked loading operations…

Libya's Hariga Oil Port Loading Blocked by Sit-in Guards

Jan 06, 2021

Petroleum facilities guards at Libya's eastern Hariga oil terminal have delayed the loading of a one million-barrel cargo as they press salary demands, the port's manager said on Wednesday.The guards at Hariga, where Mesla and Sarir grades are loaded…

Logistics News

JSI Alliance Completes Scope of Work in Basrah Refinery Upgrading Project

JSI Alliance Completes Scope of Work in Basrah Refinery Upgrading Project

Singapore Marine Biofuel Premiums Drop Further on Soft Demand

Singapore Marine Biofuel Premiums Drop Further on Soft Demand

New Study Offers Safety Recommendations for Green Shipping Corridors

New Study Offers Safety Recommendations for Green Shipping Corridors

SAMPOL Awarded Shore Power Contract from Port of València

SAMPOL Awarded Shore Power Contract from Port of València

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