Iran stores more oil on tankers as it counts days to enter markets

(Jun 25 2021)

Iran could quickly export millions of barrels of oil it is holding in storage if it reaches a deal with the United States on its nuclear programme.

Middle East's share of India's oil imports hits 25-month low

(Jun 25 2021)

The share of Middle Eastern crude in India's oil imports fell to a 25-month low in May.

India's May oil imports rose 31.5%

(Jun 25 2021)

India's oil imports during April rose 31.5% from a year earlier, when demand was curtailed due to a nationwide lockdown to stem the spread of coronavirus.

Spain detains tanker for dumping off Canary Islands

(Jun 18 2021)

Spain has detained a tanker ship for illegally dumping fuel in waters off the Canary Islands.

DNV – beware new safety risks from new systems

(Jun 15 2021)

New digital and environmental technologies can mean that ships are exposed to new risks – such as cyber incidents, alarm ‘floods’, and problems due to lack of crew familiarity with new fuel systems, says DNV in a white paper. But the solution is with...

Cyprus – seafarer vaccinations, green incentives and ETS

(Jun 15 2021)

We spoke to Vassilios Demetriades, Shipping Deputy Minister of Cyprus, about Cyprus’ proposal for seafarer vaccinations, a green incentives scheme for ships under its flag, and the EU Emissions Trading Scheme for shipping.

Poten: Changes afoot for Sub-Saharan crude and product trades

(Jun 15 2021)

For many years, West Africa represented a growth area for both crude oil and product tankers.

Poten's Weekly Opinion: Back to the Future

(Jun 15 2021)

By the end of 2022, oil demand should exceed 2019 levels.

Views from Concordia Maritime on the tanker market

(Jun 03 2021)

Kim Ullman, CEO, Concordia Maritime, issued the following message on May 27.

Poten's Weekly Opinion: Are We There Yet?

(Jun 03 2021)

The summer driving season in the U.S. is about to start.

OPEC+ seaborne exports down 390 kbd in May as its output policy remains unchanged

(Jun 03 2021)

A new research and analysis note released by commodity intelligence company, Kpler, regarding OPEC+.

Unpacking China's new tax: Implications on crude oil and refined product markets

(Jun 03 2021)

China on May 14 announced that it will implement a consumption tax on mixed aromatics, light cycle oil and bitumen blend from June 12 in an effort to close a loophole in its tax system.

U.S. records show Iran oil cargo landed one month after ship seizure

(Jun 03 2021)

A cargo of 1.033 million barrels of Iranian crude oil landed on U.S. shores in March, the second shipment of Iranian oil to be imported into the United States since 1991.

Iranian tanker seized by Indonesia is released after 4 months

(Jun 03 2021)

An Iranian-flagged tanker seized by Indonesia in January over the suspected illegal transfer of oil has been released.

Diginex Solutions partners with Hafnia to create an ESG reporting tool

(May 27 2021)

Diginex Solutions, a sustainability-focused impact technology company, has partnered with Hafnia, one of the world’s leading oil product tanker owners and operators, to create a new Environmental, Social and Governance (ESG) reporting tool for the sh...

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Aug-Sept 2021

Sea Cargo Charter - ship recycling - CO2 from tank cleaning - fixing damaged propeller blades