2020: The rise and fall of Floating Storage

(Dec 17 2020)

Floating storage told the story of the extraordinary moves in oil demand and supply in 2020.



Japan extends Middle East mission to protect tankers

(Dec 17 2020)

Japan is extending its naval mission in the Middle East by one year until the end of 2021 to protect merchant oil shipping.



Another tanker brings Azerbaijani oil for Belarus to Odessa

(Oct 08 2020)

The unloading of another tanker carrying Azerbaijani oil for Belarus has begun in the Odessa port.



MMEA Terengganu detains three tankers for illegally selling bunker fuel

(Aug 27 2020)

The Terengganu state division of Malaysia Maritime Enforcement Agency (MMEA) has reportedly detained three bunker tankers which they believe were illegally selling bunker fuel to Vietnamese fishermen in the Terengganu territory of the South China Sea...



Poten's Weekly Opinion: Atlantic Basin Based

(Aug 20 2020)

How the pandemic changed Aframax flows and volumes.



Latest oil tanker statistics show no visits to Vancouver in July after busy three months

(Aug 13 2020)

Statistics show that during the first six months of 2020 there were 19 shipments of crude oil from Burnaby’s Westridge terminal but none in July.



Signal Group – digital models of the tanker market

(Jul 16 2020)

Signal Group builds digital models of the tanker market, based on automatically “reading” e-mails from traders and brokers, extracting data and compiling it with other data including AIS.



Frontline, Prime Marine, SSY and OilX on tanker markets

(Jul 02 2020)

An online panel discussion on Apr 30 explored where the tanker market may be headed, organised by Signal Group and with participants from Frontline, SSY, Prime Marine and OilX. Interesting issues are the storage market and the current high demand for...



Leader thanks crew of oil tankers carrying fuel to Venezuela

(Jun 11 2020)

Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei shows appreciation of the efforts of the oil tankers' crew that delivered Iranian fuel to Venezuela.



Oil tankers turn away from Venezuela as more sanctions loom

(Jun 11 2020)

Oil tankers that were sailing toward Venezuela have turned around and others have left the country’s waters as the United States considers blacklisting dozens of ships for transporting Venezuelan oil.



Chinese firms may halt use of tankers that have transported Venezuelan oil

(Jun 11 2020)

Chinese oil companies may soon decline to charter any tanker that has visited Venezuela in the past year to avoid disruption to operations if the United States blacklists more ships for trading with Caracas.



The return of SOKANA

(Jun 04 2020)

Joint venture returns the SOKANA name to the nexus of chemical and product markets.



Third Iranian fuel cargo reaches Venezuelan waters

(May 28 2020)

The third cargo of an Iranian tanker flotilla carrying fuel for gasoline-thirsty Venezuela on Tuesday reached the nation’s exclusive economic zone as the previous two were discharging at state run PDVSA’s ports.



Tanker with 80,000 tonnes of US oil for Belarus will arrive in Klaipeda in early June

(May 21 2020)

American oil will be delivered from Klaipeda to OJSC Naftan in the Vitebsk region by rail.



Traders book Jones Act tankers for storage, foreign trips as U.S. fuel glut swells - sources

(Apr 30 2020)

Oil traders are hiring expensive U.S. vessels, normally only used for domestic shipments, to store gasoline or ship fuel overseas, Reuters reports.




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Nov-Dec 2020

Shipping post COVID - practicality of decarbonisation - Hafnia and vessel performance