Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of ...
Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...
[Stay on top of transportation news: Get TTNews in your inbox.] Oil tanker rates jumped Jan. 13 as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply ...
The Krasnodar region in southwest Russia has declared a regional emergency as oil continued to wash ashore this week following the collision of oil tankers in the Black Sea last week. Last week ...
LONDON, Jan 13 (Reuters) - At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions ...
The tanker — with around 99,000 tons of oil and said to be part of Russia's shadow fleet of vessels used to skirt Western sanctions — is to remain in place until a decision is reached on how ...
Greenpeace said that Eventin belongs to a so-called Russian shadow fleet, which is made up of hundreds of aging tankers that are dodging sanctions in order to keep oil revenue flowing into the ...
engages in the seaborne transportation of crude oil and refined petroleum products in the shipping markets worldwide. As of March 21, 2024, its fleet consisted of 110 owned and leases financed tanker, ...
A view of the unmaneuverable oil tanker "Eventin" off the coast of the island of Ruegen. The oil tanker, which flies the flag of Panama, drifted for several hours in the Baltic Sea off the coast ...