Latest News for: Tanker trades


There's a jet fuel shortage at some US airports

The Citizens 27 Jul 2021
The seats are full on most planes, but in some cases, the fuel tanks are not ... An estimated 20% of tankers nationwide are parked due to a lack of qualified drivers, according to an industry trade group ... Airlines for America, an airline industry trade group known as A4A, said flights in and out of Montana are up 25% above pre-pandemic levels ... .

KPT performance remained outstanding during global lockdown situation

Urdu Point 27 Jul 2021
KPT also efficiently handled wheat cargo thereby maintaining the food security chain and ensured timely berthing of oil tankers to contribute towards energy security. KPT endeavors to facilitate its Port users and the trade community a predictable business environment, ...

Crew reveal moment 'Gulf Sky' tanker boarded by Iranian gunmen last summer

The National 26 Jul 2021
Hijacked crew on a shipping tanker anchored off the UAE coast told how gunmen boarded their ship in the dead of night before ordering it to be sailed to Iran ... Lead investigator Eric Dawicki ... Dozens of unregistered oil tankers have been used by Iran as 'ghost ships' to get around US sanctions, trading with countries such as Syria ... .

A new revolution in Cuba?

Moneyweek 24 Jul 2021
After the detente of the Obama years, the Trump administration strengthened the decades-old trade embargo and targeted Cuba’s sources of currency. It also imposed sanctions on tanker companies that delivered petroleum to Cuba from Venezuela and cut back on the commercial flights from the US to the island.

Maritime Standard Tanker’s sixth annual conference sets theme for Dubai event

Gulf News 19 Jul 2021
The conference will have three main sessions from which it will assess the short- and long-term prospects for the tanker shipping business; highlight the importance of support businesses and services for tanker trade growth and development; and look at how the ...

Key first-half VLCC rates plunge to lowest levels this century

Seatrade Maritime News 19 Jul 2021
The rates, applicable to slow-steaming, non-scrubber, non-eco units, were the lowest of any tanker sector, earning even less than handy and MRs deployed on benchmark round voyage trades, the broker said ... Tankers and offshore units retain appeal for hungry recyclers.

Non-scrubber fitted VLCCs suffer lowest rates seen this century

Splash24/7 19 Jul 2021
VLCC spot earnings averaged just $500a day on the benchmark TD3C trade between the Middle East and China during the first half of the year on slow steaming, non scrubber, non eco basis, marking the lowest half yearly result this century according to tanker broker Gibson.

Sparks fly in Wellsville over new tanker for fire department

Olean Times Herald 16 Jul 2021
WELLSVILLE — The Town Board heard a preliminary request from the Wellsville Volunteer Fire Department for the purchase of a new tanker, which caused a bit of a row ... The estimated worth of the current tanker is in question and the department needs to call in professional estimators to determine its value.

BP send first carbon-offset LNG cargo to Sempra terminal in Mexico

Petroleum World 16 Jul 2021
Shipment expected to arrive July 16. - Energy companies seeking to cut carbon emissions. - Potential impact on KSC operations ... BP and Shell didn't name the vessel carrying the carbon-offset LNG cargo; cFlow, Platts trade flow software, showed the partly laden LNG tanker Arwa Spirit and laden LNG tanker BW Helios near the Baja California peninsula ... .

Weak Fuel Demand Sends India’s Oil Imports To 9-Month Low

Oil Price 16 Jul 2021
... to curb a resurgence in COVID cases, Reuters reported on Friday, quoting tanker data from trade sources.

India’s June oil imports hit their lowest in 9 months

Arab News 16 Jul 2021
NEW DELHI ... India, the world’s third-biggest oil importer and consumer, shipped in about 3.9 million barrels per day (bpd) of crude last month, about 7 percent down from May, but 22 percent higher from year-ago levels, tanker arrival data obtained from trade sources showed ... The United States was at No.5, followed by Canada ... ....

Oil imports hit their lowest in 9 months in June

The Times of India 16 Jul 2021
NEW DELHI ... India, the world's third-biggest oil importer and consumer, shipped in about 3.9 million barrels per day (bpd) of crude last month, about 7% down from May, but 22% higher from year-ago levels, tanker arrival data obtained from trade sources showed ... Last month, Iraq stayed as the top oil supplier to India, followed by Saudi Arabia ... .