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Tanker

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FSL Trust completes disposal of one product tanker

portnews -
The Board of Directors of FSL Trust Management Pte. Ltd., as trustee-manager of First Ship Lease Trust (the “Trust”), refers to its announcement dated...
Ash Shihr Terminal

VLCC undamaged after failed drone attack off Yemeni coast

portnews -
Greek oil tanker Nissos Kea (IMO 9920758) emerged unscathed after being targeted by a Houthi drone attack in the Yemeni port of Ash Shihr...
News

EU sanctions against Russia risk trapping more oil tankers

portnews -
THE EU's latest sanctions on Russian petroleum could end up hurting the world's tanker fleet of industry-standard insurance, reports Bloomberg News. It's a move that...
Energy

Wave of LNG tankers is overwhelming Europe in energy crisis and hitting natural gas prices

portnews -
The U.S. is exporting more LNG to Europe as a result of Russia’s war in Ukraine and cuts made to natural gas supplies ahead...
Energy

Russia rushes to fix tanker fleet with six weeks to go until EU crude ban starts

portnews -
  With six weeks to go until Europe’s ban on Russian crude kicks in, the scale of the global tanker fleet rejig Moscow is attempting...
Energy

LNG tankers stuck amid gas crunch

portnews -
Spain’s gas storage facilities are full. So full, in fact, that several huge liquefied natural gas (LNG) tankers that supply the southern European EU...
Market

Tankers: VLCCs on the Rise

portnews -
Clean The BCTI finished the week at 1231, up from 1226 the previous week. In the Middle East Gulf freight levels stabilized with cargos evenly balanced...
Market

Tanker Spot Market Moving Away from Near Term Negative Fundamentals

portnews -
According to the shipbroker, “in terms of a regional breakdown, emerging and developing countries are projected to fare better next year than advanced countries,...
Market

Gibson tanker report – Economic Turbulence

portnews -
The recent OPEC+ decision to cut production targets by 2 mbd from November onwards given concerns about a deteriorating economic outlook took many by...
News

Scorpio Tankers inc. Announces the Exercise of Purchase Options on Eight Ships and Repayment of a Credit Facility

portnews -
Scorpio Tankers Inc. announced that it has exercised the purchase options on eight ships and the repayment of a credit facility. The Exercise of Purchase...
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