Oil traders keep North Sea crude on tankers despite rally to $72

(Jun 15 2021)

Tankers are holding several million barrels of oil in the North Sea in what is normally a strongly bearish indicator.



Massive oil tanker blocks Bosphorus after steering controls reportedly malfunction

(Jun 03 2021)

Technical problems onboard a 249-meter-long oil tanker have led to a temporary suspension of traffic in the Bosphorus, conjuring uneasy memories of the Suez Canal blockage earlier this year.



Poten's Weekly Opinion: No Quick Fix

(May 20 2021)

The tanker market is out of balance.



Poor earnings prompt VLCCs to cut costs by idling, slow steaming

(Mar 18 2021)

Weak or negative returns for VLCCs hauling crude from the Persian Gulf to North Asia are prompting shipowners to adopt cost-cutting measures like curtailing sailing speed and idling their ships near Singapore or Sri Lanka’s port of Galle.



Oil demand drag takes toll on tankers, U.S. refiners

(Mar 18 2021)

U.S. refiners are scaling back on hiring ships for longer periods to save on costs in another sign of uncertainty over when global oil demand will return to pre-COVID levels.



New tanker transforming the Panama Canal bunker industry

(Mar 11 2021)

In a pioneering tanker move, Monjasa enables outer anchorage bunker supplies off Cristobal.



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.




older->>

June-July 2021

Stena Bulk and decarbonisation - how BHP makes decarbonisation work financially - update on worldwide piracy - managing security risks of ECDIS - tanker inert gas systems