Tankers News

 

Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

May 30, 2024

Israel plans to allow more oil tankers to dock at a Red Sea port in Eilat despite environmental risks, as it strives to maintain energy security amid conflict on multiple fronts, according to Israeli officials and government documents.Prime Minister Benjamin Netanyahu's office wants to revoke restrictions on the amount of oil that can be unloaded at a jetty in the city, which sits in the middle of a string of resorts and beaches and is adjacent to a fragile coral reef…

Texas Energy Industry Assesses Damage After Hurricane Beryl Batters Gulf Coast

Jul 08, 2024

The Texas energy industry was evaluating the impact from Hurricane Beryl on Monday after the powerful storm lashed the U.S. Gulf Coast, closing key shipping ports and hitting the oil refining and production sectors.Beryl made landfall near the coastal town of Matagorda…

Digitalized Ship Inspection, SIRE 2.0 set to ‘go-live’ in two Months

Jul 02, 2024

The Oil Companies International Marine Forum (OCIMF) has confirmed that its digitalized Ship Inspection Report Program (SIRE 2.0) is scheduled to ‘go-live’ on Monday 2 September 2024 and become the standard tanker inspection tool for the marine industry…

US Crude Imports Touch Two-year High Despite Lukewarm Demand

Jun 26, 2024

U.S. crude oil imports last month rose to a nearly two-year high as refiners scooped up heavy crudes from Canada and Latin America to process into fuels for summer driving season.Imports of crude oil rose to 3.1 million barrels per day (bpd) in May…

Hengyi Steps Up Fuel Oil Exports from Brunei After Refinery Fire

Jun 11, 2024

China's Hengyi has increased fuel oil exports from its Brunei refinery this month and has delayed loadings of other refined products following a fire at the plant in late May, according to several trade sources and ship-tracking data.The delivery…

First Canadian Oil Export Cargo from Expanded Trans Mountain Pipeline Set to Load

May 20, 2024

Crude oil tanker Dubai Angel on Monday moored at the Westridge Marine Terminal in Vancouver, preparing to load the first cargo of crude oil from the recently expanded Trans Mountain pipeline (TMX), ship tracking data showed.Chartered by Canadian oil producer Suncor Energy…

US LNG Exports Fall for Fourth Straight Month

May 01, 2024

U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 million metric tons in April from 7.61 million in March on production outages, preliminary data from financial firm LSEG showed on Wednesday.Recurring mechanical problems have hit Freeport LNG…

Port Constraints for Canada's Trans Mountain Pipeline May Crimp Oil Exports

May 01, 2024

Logistical constraints at the Port of Vancouver mean waterborne oil exports from the highly anticipated Trans Mountain pipeline expansion due to start up on Wednesday may only be around half what the Canadian government-owned corporation has forecast…

Brazil’s Import of Russian Clean Petroleum Products Jumps 135%

Apr 30, 2024

Since the European Union sanctioned Russian oil exports in 2022, crude oil and dirty and clean petroleum products (CPP) have found new buyers. “India and China have taken most of the crude oil and dirty products while Turkey and Brazil have emerged as the main buyers of CPP…

Green Light for $3 Billion Oil Port off Texas Expected By Year-end

Apr 30, 2024

Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT)…

China's Imports of Russian Oil Near Record High

Apr 22, 2024

Russia remained China's top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments.China's imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10…

US to Reimpose Oil Sanctions on Venezuela

Apr 17, 2024

The Biden administration said it would not renew a license set to expire early on Thursday that had broadly eased Venezuela oil sanctions, moving to reimpose punitive measures in response to President Nicolas Maduro’s failure to meet his election commitments…

Russia's Seaborne Oil Product Exports Fell in March

Apr 15, 2024

Russia's seaborne oil product exports fell 4.2% in March from the previous month to 10.178 million metric tons due to unplanned maintenance at refineries and a uel export ban, data from industry sources and Reuters calculations showed.Russia's…

Asia Crude Imports Surge as China, India Snap Up Russian Oil

Mar 28, 2024

Asia's imports of crude oil are expected to rise to the highest in 10 months as heavyweights China and India lifted arrivals from Russia, but impending maintenance schedules and rising prices mean such levels may not be sustained.The world's top importing region is forecast to see arrivals of 27…

Odfjell Completes Terminal Expansion in Houston

Mar 04, 2024

Odfjell Terminals US (OTUS) reports it has completed the construction and commissioning of its Bay 13 at the Houston Terminal (OTH), adding nine new tanks, with a combined capacity of 204,000 barrels. The new tanks are a combination of stainless steel and carbon steel…

Logistics News

CBP Cracking Down on Maritime Auto Theft

CBP Cracking Down on Maritime Auto Theft

US Army Corps of Engineers Names New Chief

US Army Corps of Engineers Names New Chief

US Importers Balk at Return of $10,000 Container Shipping Rate

US Importers Balk at Return of $10,000 Container Shipping Rate

New General Manager Appointed at San Antonio Terminal Internacional

New General Manager Appointed at San Antonio Terminal Internacional

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