Tanker Trades

Latest News for: Tanker trades

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Claims of profiteering as average fuel prices rise by 10p since start of the year

AOL 04 May 2024

... for global trade ... The strait is a vital artery for global trade, including oil tankers from the Middle East that pass through the Suez Canal, at the northern end of the Red Sea, en route to Europe.

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International Group: Russian Oil Price Cap is Unenforceable

The Maritime Executive 30 Apr 2024

It confirms longstanding warnings about the "price cap" on the Russian oil trade. it has given rise to a parallel tanker industry outside the cap's boundaries ... In these new overseas venues, tanker ...

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IG of P&I Clubs sees massive exit of tankers due to oil price cap

SAFETY4SEA 30 Apr 2024

This validates previous concerns raised about the “price cap” imposed on Russian oil trade, which has led to the emergence of an alternative tanker industry operating beyond the boundaries of the cap.

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Western insurers say Russian oil price cap doesn’t work

The News International 30 Apr 2024

The cap allows Western shippers and insurers to participate in Russian oil trading as long as oil is sold below $60 per barrel ... "The oil price cap appears increasingly unenforceable as more ships and associated services move into this parallel trade.

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Tanker Flows In a State of Constant Flux

Hellenic Shipping News Worldwide 28 Apr 2024

... market, we examine how crude and product trade flows ....

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Houthi Forces Confirm Attacks on American Drone and Dark Fleet Tanker

The Maritime Executive 28 Apr 2024

Overnight Friday, the Royal Navy monitoring operation UK Maritime Trade Operations (UKMTO) reported an incident involving the tanker Andromeda Star at a position about 14 nautical miles southwest of Al Mukha, Yemen.

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South Korea pays less for US crude than Saudi Arabian barrels for 2nd straight month

Hellenic Shipping News Worldwide 28 Apr 2024

South Korea reduced imports of Saudi Arabian crude and boosted shipments ...

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Houthi ballistic missiles damage Panama-flagged oil tanker in Red Sea

Naharnet 27 Apr 2024

Ballistic missiles fired by Yemen's Houthi rebels caused "minor damage" to a Panama-flagged oil tanker traveling through the Red Sea, authorities said ... The private security firm Ambrey described the tanker as being "engaged in Russia-linked trade."

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Houthi rebels damage Panama-flagged oil tanker in Red Sea

Voa News 27 Apr 2024

The private security firm Ambrey described the tanker as being "engaged in Russia-linked trade." ... He described the tanker as being "directly hit.".

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Yemen's Houthis attack Red Sea oil tanker headed to India

Madhyamam 27 Apr 2024

Yemen's Houthis have asserted that their missiles targeted the Andromeda Star oil tanker in the Red Sea ... The tanker, engaged in trade linked to Russia, was traveling from Primorsk, Russia, to Vadinar, India, according to Ambrey ... ....

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Ballistic missiles fired by Yemen’s Houthi rebels damage Panama-flagged oil tanker in Red Sea

Stars and Stripes 27 Apr 2024

The private security firm Ambrey described the tanker as being “engaged in Russia-linked trade.” The vessel was traveling from Primorsk, Russia, to Vadinar, India, Ambrey said ... He described the tanker as being “directly hit.”.

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Ballistic missiles fired by Yemen's Houthi rebels damage Panama-flagged oil tanker in Red Sea

Manila Bulletin 27 Apr 2024

The private security firm Ambrey described the tanker as being "engaged in Russia-linked trade." ... He described the tanker as being "directly hit.".

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Ship attacked by missiles off Yemen coast

Gulf Today 27 Apr 2024

The private security firm Ambrey described the tanker as being "engaged in Russia-linked trade.” The vessel was traveling from Primorsk, Russia, to Vadinar, India, Ambrey said ... He described the tanker as being "directly hit.”.

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Yemen's Houthis say their missiles hit Andromeda Star oil ship in Red Sea

RNZ 27 Apr 2024

Yemen's Houthis said on Saturday their missiles hit the Andromeda Star oil tanker in the Red Sea, as they continue attacking commercial ships in the area ... The tanker is engaged in Russia-linked trade.

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Security firm says missile fire seen off Yemen coast in Red Sea

Voa News 27 Apr 2024

The private security firm Ambrey said three missiles could be seen in the attack, which landed closest to a Panama-flagged, Seychelles-registered tanker it described as being "engaged in Russia-linked trade."