Tankers News

 

Biden Bans Russia Oil Imports to the US

Mar 08, 2022

U.S. President Joe Biden announced a ban on Russian oil and other energy imports on Tuesday in retaliation for the invasion of Ukraine, underscoring strong bipartisan support for a move that he acknowledged would drive up U.S. energy prices.'We're banning all imports of Russian oil and gas energy,' Biden told reporters at the White House. 'That means Russian oil will no longer be acceptable in U.S…

Russian Oil Production up 5%; Seaborne Exports up 9.5%

Jun 14, 2022

Russia's oil production rose almost 5% in the first half of June compared with May, the Interfax news agency reported on Tuesday, citing a source familiar with the output statistics.Average daily oil production, including condensate, was 1.46 million tonnes in the first 13 days of June…

How Much Oil Does the EU Import from Russia?

May 31, 2022

The European Union has agreed to ban the bulk of imports of Russian crude and oil products in its latest round of sanctions following Moscow's invasion of Ukraine.The ban on seaborne crude imports will be phased in over six months and for seaborne refined products over eight months…

Shuttle Tanker Eagle Colombo Delivered to AET

May 27, 2022

Shipping company AET on Wednesday took delivery of Eagle Colombo, its latest second generation dynamic positioning shuttle tanker (DPST) from Korean shipbuilder Hyundai Heavy Industries (HHI).The Singapore-registered newbuild is the third and…

Eni Inks Deal for Egyptian LNG Exports to Europe

Apr 13, 2022

Italy's Eni has signed a framework agreement with the Egyptian Natural Gas Holding Company (EGAS) to provide shipments of Egyptian liquefied natural gas (LNG) for Italy and Europe, the Egyptian government said on Wednesday.'The agreement also…

Samsung Delivers Shuttle Tanker to Altera

Apr 01, 2022

Altera Infrastructure, formerly known as Teekay Offshore, said it has taken delivery of a new shuttle tanker from Samsung Heavy Industries in South Korea.The 148,200 DWT newbuild, Altera Thule, was handed over to Altera on Thursday. The ship's…

Russia Resumes LPG exports from Sea of Azov

Mar 29, 2022

Russia is set to resume supplies of liquefied petroleum gas (LPG) from a Sea of Azov port on Tuesday for the first time since Moscow started its military operation in Ukraine, data from the port and Refinitiv Eikon showed.Supplies of LPG had been halted from the Temryuk terminal since Feb…

AET's Petrobras-bound Newbuild Shuttle Tanker Named in South Korea

Mar 25, 2022

Tanker operator AET named its new shuttle tanker Eagle Colatina earlier this week in South Korea.The vessel is the first of three purpose-built Suezmax dynamic positioning (DP2) shuttle tankers for a long-term charter to the Brazilian oil company…

UK to Phase Out Russian Oil Imports By End of 2022

Mar 08, 2022

Britain will phase out imports of Russian oil and oil products by the end of 2022, Prime Minister Boris Johnson said on Tuesday, joining other nations including the United States in reducing their energy dependency on Russia.In response to President Vladimir Putin's decision to invade of Ukraine…

US House to Vote as Soon as Tuesday on Russia Energy Import Ban

Mar 07, 2022

The U.S. House of Representatives is set to vote as soon as Tuesday on legislation seeking to ban the import of Russian energy products and suspend normal trade relations with Russia, a congressional aide told Reuters.The text of the proposal is expected later on Monday…

More Shuttle Tankers Needed, Rystad Says

Jan 13, 2022

More shuttle tankers will be needed in the years ahead to keep pace with a projected rise in oil volumes needing transport, Rystad Energy said.Produced volumes requiring transport key shuttle tanker markets Brazil, Canada, Norway, the U.K. and Russia are expected to rise to 3…

AET Takes Delivery of New Shuttle Tanker for Shell Charter in Brazil

Jan 05, 2022

Tanker operator AET has taken delivery of Eagle Campos, the first of another three Suezmax Dynamic Positioning (DP2) Shuttle Tankers purpose built for long-term charter to Brazil Shipping I Limited, a subsidiary of Shell.Shuttle tankers are…

LOOP Did Not Deliver Sour Crude from Storage in September

Oct 01, 2021

The Louisiana Offshore Oil Port (LOOP), the largest U.S. privately owned deepwater crude terminal, said on Friday it made no deliveries of sour crude from storage last month, following two storms that hit the U.S. Gulf Coast.The facility closed on August 28 ahead of Hurricane Ida…

Louisiana Offshore Oil Port Fully Reopens After Ida Damages

Sep 10, 2021

The Louisiana Offshore Oil Port (LOOP), the largest U.S. privately owned deepwater crude terminal, has fully reopened its marine operations for imports and exports, a spokesperson said on Friday.The facility closed on Aug. 28 ahead of Hurricane Ida…

US Gulf of Mexico Oil Production Losses Lead to Cargo Cancellations

Sep 09, 2021

U.S. oil offshore losses remained at 76% on Thursday after Hurricane Ida hit the Gulf of Mexico, according to government data, which prolonged outages and caused the first oil cargo shipment cancellations to buyers in Asia.Production should…

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Aker BP Takes Over Lundin Energy's Oil and Gas Business

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Deirdre Michie to Step Down as Offshore Energies UK CEO

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Manor Renewable Energy Orders Two Crew Transfer Vessels from Strategic Marine

Manor Renewable Energy Orders Two Crew Transfer Vessels from Strategic Marine

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