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U.S. crude stocks swell as tankers from Saudi Arabia unload


U.S. petroleum inventories increased sharply last week as the fleet of tankers sent from Saudi Arabia at the height of

VLCC: Tonnage Supply Drops as Fixtures on the Rise


Improved volumes have tightened the supply of vessels, enabling owners to regain some of the recent lost ground. The Middle East Gulf sector saw rates flat in the first half of the week, then progressive rises midweek with rates

Ship owners already know the limitation of the Chinese shipyards


Chinese shipyares have recently won orders for 16 LNG carriers from Qatar, following a massive LNG powered contaier ship ordered

Getting the bunkering lead time right is more important than ever


The key factors that are worth considering when buying bunker fuel are quality, availability and price. Excluding quality, availability and

Iran’s fuel reaches Venezuelan stations, fifth tanker headed to Caribbean


Venezuela’s state-run oil company PDVSA began supplying the nation’s stations on Saturday with fuel provided by ally Iran as drivers

Fire extinguished on Suncor offshore oil vessel that faces uncertain future


A fire on the idled Terra Nova oil facility that Suncor Energy operates off the coast of Newfoundland & Labrador

Lake Carrier Association Files Petition to Investigate Canada’s BWM Regulations


The Federal Maritime Commission (FMC) has accepted a petition filed by the Lake Carrier’s Associations (LCA) that alleges Canada’s proposed

Shipping Corporation of India consolidated net profit rises 83.01% in the March 2020 quarter


Net profit of Shipping Corporation of India rose 83.01% to Rs 111.05 crore in the quarter ended March 2020 as

Great Eastern Shipping posts loss in Q4 hit by forex transactions


The Great Eastern Shipping Co Ltd, India’s biggest private ocean carrier, reported a loss of ₹50.68 crore for the January-March

Flurry of U.S. crude export fixtures offers glimmer of hope


A flurry of tentative bookings to export U.S. crude oil from the Gulf Coast suggests demand is edging up after

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