Latest News for: Tanker vessels

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Chaotic scenes around the Dardanelles on the opening day of the Russia tanker ban

Splash24/7 06 Dec 2022
The unintended consequences of the new tanker trading era in the eastern Mediterranean are that Russian crude is still flowing to Asian buyers while Kazakh oil has been hit by delays ... TankerTrackers.com reports that eight tankers currently laden with crude oil have been waiting several days to transit the Dardanelles Strait from the Black Sea.
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Oil tankers queuing to transit Turkish straits face more delays - sources

Reuters 06 Dec 2022
The shipping agency GAC said on Tuesday that 13 vessels were waiting to transit the Bosphorus strait southbound, all of them oil tankers and 10 of them holding Kazakh crude after loading at the Russian port of Novorossiisk ... Coverage for the Liberia-flagged Vladimir Tikhonov tanker came from Russian insurer Ingosstrakh (INGSI.MM).
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Oil tankers queue up off Turkey as price cap on Russian crude kicks in - FT

Reuters 06 Dec 2022
Dec 5 (Reuters) - Oil tankers formed a traffic jam off the coast of Turkey on day one of the West's price cap on Russian crude, with Ankara insisting on new proof of insurance for all vessels, the Financial Times reported on Monday ... The first tanker arrived on Nov.
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Middle Eastern and Asian companies are snapping up aging oil tankers to transport Russian crude ...

Business Insider 06 Dec 2022
Oil tanker rates have soared this year. Photo by ANGELOS TZORTZINIS/AFP via Getty Images Tanker charter prices are sky-high for ships willing to transport Russian oil amid sweeping sanctions. Middle East and Asian buyers are opportunistically snapping up aging oil tankers to ship Russian fuel.
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Oil tankers queue up off Turkiye as price cap on Russian crude kicks in

Middle East Monitor 06 Dec 2022
Oil tankers formed a traffic jam off the coast of Turkiye on day one of the West's price cap on Russian crude, with Ankara insisting on new proof ...
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US Closely Monitoring Oil Tanker Backlog in Turkey Caused By Price Cap - White House

Urdu Point 06 Dec 2022
WASHINGTON (UrduPoint News / Sputnik - 07th December, 2022) The United States is closely monitoring the backlog of oil tanker vessels in Turkey that has been caused by new restrictions that went into effect as part of the collective West's price cap on ...
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The EU price cap on Russian oil is already disrupting the market — tankers are ...

Business Insider 06 Dec 2022
A European Union price cap on Russian oil kicked in on Monday and it's already causing shipping disruption — oil tankers are piling up off the coast of Turkey as Ankara is demanding paperwork that the vessels are fully insured, according to the Financial Times.
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How the G7′s oil price cap blocked the Bosphorus

The Irish Times 06 Dec 2022
By Monday afternoon, less than 24 hours after the EU sanctions and associated price cap on Russian oil came into effect, at least 19 crude tankers had been blocked from crossing Turkish waters over fears in Ankara that uninsured vessels risked causing “catastrophic” damage in ...
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Russian oil shipments to Europe dwindling Bloomberg

Beijing News 06 Dec 2022
According to vessel tracking data, the volume of crude on tankers destined for the three countries, along with those that have not yet supplied their port of destination but typically end up in either India or China, stood at an average of 2.45 million barrels a day over the past four weeks.
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Russian oil shipments to Europe dwindling – Bloomberg

Russia Today 06 Dec 2022
According to vessel tracking data, the volume of crude on tankers destined for the three countries, along with those that have not yet supplied their port of destination but typically end up in either India or China, stood at an average of 2.45 million barrels a day over the past four weeks.
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Oil climbs after curbs on Russian crude kick in

Business Day 06 Dec 2022
While the market weighs the impact of sanctions on Russian supply, it was also watching a traffic jam of oil tankers off the coast of Turkey on Monday, with Ankara insisting on new proof of insurance for all vessels.
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Oil prices climb after Russian crude sanctions kick in

RTE 06 Dec 2022
While the market weighs the impact of sanctions on Russian supply, it was also watching a traffic jam of oil tankers off the coast of Turkey yesterday, with Ankara insisting on new proof of insurance for all vessels.
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Column: Oil prices fall on relaxed Russia price cap

Reuters 06 Dec 2022
... and other services to the tanker-based oil industry ... Russia has amassed a large fleet of tankers and is self-insuring some vessels and cargoes to avoid EU/UK maritime sanctions (“Russia assembles ‘shadow fleet’ of tankers to help blunt oil sanctions”, Financial Times, Dec.
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Chevron will take operational control of a plant in Venezuela this week

The Cleveland American 06 Dec 2022
A Super tanker owned by Iran A vessel operated by a third party arrived in Venezuela in November carrying a cargo of Venezuelan heavy crude oil and fuel oil for Iran’s state-owned company Naftran Intertrade Co (NICO) ... Another Iranian-flagged tanker in Venezuela, the Huge, is ...

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