Tanker owner/operator Ardmore Shipping Corporation on Wednesday announced the planned departure of its current chief financial officer Paul Tivnan and appointment of new CFO Bart Kelleher, effective September 28, 2022.Anthony Gurnee, Ardmore's chief executive officer…
The number of tankers used for storing fuel oil along the Singapore Strait has risen since the Ukraine war broke out and could rise further as more of Russia's supplies hit by sanctions head to Asia, industry sources and analysts said.A rise…
U.S. crude shippers are exporting huge amounts of oil to meet strong demand from Europe following Russia's invasion of Ukraine and subsequent sanctions against Moscow. In coming years U.S. oil may find even more buyers overseas, but that could test the capabilities of U…
An Iranian-flagged tanker seized by Greece in April, part of whose cargo was confiscated by the United States, was being towed to the port of Piraeus on Saturday, Greek coast guard officials said, after Greek authorities approved its release…
Shipbroker Gibson said that it had received a number of resignations from its Suezmax and Aframax broking desks on June 29, according to an email from its managing director Roger Harrison on Thursday.Suezmax and Aframax tankers are usually used in the transport of crude and some oil products…
Venezuela's oil exports last month fell to the lowest level since October 2020 as repairs at the country's main oil port added to delays shipping cargoes, documents from state-run PDVSA and vessel tracking data showed.Exports from the U.S.-sanctioned…
A Singapore trade data sharing platform backed by banks, commodity houses and state firms has signed up 70 participants as part of the city-state's attempts to bolster confidence after a spate of commodity trade finance frauds in recent years…
The Port of Corpus Christi reports it experienced double-digit volume growth in the first four months of 2022, establishing new records for tonnage and revenues. Through the end of April its customers moved 59.2 million tons of cargo through the Port of Corpus Christi…
Stolt Tankers has signed a memorandum of understanding (MOU) with the Port of Rotterdam Authority and Vopak Botlek to conduct a six-month feasibility study for the use of shore-based power for chemical tankers calling at Vopak’s Botlek terminal…
Singapore's Eastern Pacific Shipping (EPS) signed a definitive agreement with Rotterdam-based Value Maritime (VM) to install carbon capture and filtering systems on MR tankers M/T Pacific Cobalt and M/T Pacific Gold, with an option to equip three more vessels…
The Port of Antwerp is adapting to losing shipping trade with Russia and its merger with the neighboring Port of Zeebrugge is set to boost overall volumes in coming years, the group's chief executive said on Thursday.Global shipping companies…
Libya's National Oil Corporation (NOC) declared force majeure at the Brega oil port on Tuesday, saying it was unable to fulfil its commitments towards the oil market.'At a time when oil prices are witnessing a significant recovery due to the increase in global demand…
Russia is set to resume supplies of liquefied petroleum gas (LPG) from a Sea of Azov port on Tuesday for the first time since Moscow started its military operation in Ukraine, data from the port and Refinitiv Eikon showed.Supplies of LPG had been halted from the Temryuk terminal since Feb…
A top economic adviser to Ukrainian President Volodymyr Zelenskiy called on the White House to block American companies from all trade in Russian oil and urged Western oil and gas companies to stop handling the commodity, the New York Times reported on Wednesday…
The voluntary shunning of Russian commodities by Western buyers, or self-sanctioning, was expected to start hitting exports of crude oil, liquefied natural gas (LNG) and coal from April, but there are already signs that flows are weakening.Russia's…
