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HomeTanker

Tanker

Climate Crisis

Electrifying Raises Consumer Costs

October 21, 2024 Andy Del Prado

Daily Standup Top Stories Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again) October 20, 2024 Stu Turley ENB Pub Note: Robert Bryce has been on the ENB podcast and the […]

Russia
Geopolitical

Russia Appears to Use Dubai-Based Firm to Expand Shadow LNG Fleet

October 20, 2024 Stu Turley

Russia appears to be trying to evade Western sanctions on its LNG tanker fleet by transferring ownership of vessels to a newly-created firm based in a free trade zone in Dubai, Bloomberg reported on Friday. Three LNG […]

Iran
Crude Oil News

Iran Readies New Oil Outlet To Bypass the Strait of Hormuz

October 20, 2024 Stu Turley

Iran is closer to finding a way to circumvent the crucial Strait of Hormuz when it comes to oil exports. The Jask oil terminal,  officially opened a few years ago, has seen but limited activity […]

Dark fleet
Crude Oil News

‘Dark Fleet Oil Tanker Train’ Hauling Russian Crude To Indian Refineries Shows Ineffectiveness Of G7 Sanctions

October 19, 2024 Stu Turley

Chinese and Indian oil traders have been responsible for the explosive growth of dark fleet tankers hauling Russian crude to Asia, evading Western sanctions. A new report titled “BRICS+ Energy: Engine of the New World Order” from the Valdai International […]

UK
Crude Oil News

UK leads Europe with clampdown of shadow fleet passing through the English Channel

October 18, 2024 Mariel Alumit

The UK yesterday started what could be the beginning of a greater Europe-wide scrutiny of Russia’s dark fleet while in Asia one of Moscow’s top oil clients, India, has also come out with new guidance […]

sanctions
Crude Oil News

UK imposes sanctions on Russian oil and LNG vessels

October 17, 2024 Mariel Alumit

LONDON, Oct 17 (Reuters) – Britain said on Thursday it had imposed sanctions on 18 more Russian oil tankers and four liquefied natural gas vessels, the largest batch of sanctions to date against Russia’s so-called […]

Atlantic LNG
Exports

Atlantic LNG shipping rates dip below $50,000 per day

October 11, 2024 Mariel Alumit

Last week, both Atlantic and Pacific LNG shipping rates declined. “Spark30S Atlantic rates dropped for a third consecutive week, reducing by $6,500 to $45,000 per day,” Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday. […]

Crude Oil News

What are the odds that Israel will attack Iran?

October 10, 2024 Stu Turley

Assessing the odds of Israel attacking Iran involves looking at various forms of information, including expert analyses, market predictions, and statements from relevant parties, as of October 10, 2024. Here’s a synthesis based on the […]

Russian oil
Crude Oil News

New Aegean hub emerges for ship-to-ship transfers of Russian oil

October 1, 2024 Mariel Alumit

The Greek navy’s bid to stop ship-to-ship (STS) transfers of Russian oil off Kalamata has worked, albeit in the constant game of tanker whack-a-mole some of these operations have merely transferred some 300 km east […]

VLCC
Crude Oil News

VLCCs change hands at a rapid clip

September 27, 2024 Mariel Alumit

With VLCC earnings in solid territory, it’s no surprise that fresh sales emerge weekly in broking reports across the globe. The latest deals involve two rusty vessels. First, a 2005-built 300,000 dwt VLCC named Sake, […]

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