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Wednesday, April 30, 2025
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CATEGORY

Tanker

Global Energy orders Singapore’s first methanol bunker tanker

Global Energy Trading (GET) and Stellar Shipmanagement have ordered Singapore’s first dedicated methanol bunker tanker to be built in Japan. GET and Stellar have ordered...

Iran’s IRGC seizes another fuel-smuggling tanker

Iran’s Islamic Revolutionary Guard Corps (IRGC) has seized a tanker near the Strait of Hormuz carrying smuggled fuel. Although there have been a number of seizures...

Tanker markets: Turkey’s crude balancing act

Analysis from Poten & Partners looks at the influence of Turkey’s geographic and political positions on the tanker trade Since the Russian invasion of Ukraine...

HMM adds two more VLCCs

South Korea’s HMM is spending some of its box riches bolstering its VLCC arm. Brokers report HMM has bought two three-year-old VLCCs from Singapore’s...

Scorpio Tankers Scores a Homerun as Product Tankers Hit It Out of The Park

Tanker stocks have been among the biggest gainers this year, propelled by the recovery in demand following the pandemic, the slowing of post-2020 inventory...

Tankers: VLCC Market Eased This Week

Clean In the Middle East Gulf this week LR2s began quietly with freight levels propped up by other sizes in the region. TC1 only lost...

More than Half of Tankers Which Have Been Loading in Russian Ports in the Last 6 Months, Were Controlled by EU, G7 of Allied...

According to Gibson, “if the price cap fails to materialize, EU shipping companies might be allowed to continue transporting Russian crude to third countries,...

Could Clean Startups Boost The Chemical Tanker Market?

During their last quarterly update Overseas Tanker Corp ($OSG) discussed the growth of a new cargo segment for oil tankers: renewable diesel. Could chemical...

Tankers at Sea Insight: VLCC segment breaks out of rut as higher employment in summer buoys earnings

Demand for shipping crude oil increased, due to more cargoes traded and longer distances covered. Data by S&P Global Commodities at Sea show VLCC tonne-miles...

Expansion of Russia’s tanker fleet to require at least RUB 1 trillion — head of VTB

The tanker fleet development would help in stimulation of domestic hydrocarbons supply to the global market Expansion of Russia’s tanker fleet may require at least...
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