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HMM Inks Crude Oil Shipping Deal with GS Caltex

HMM has signed a long-term crude oil shipping contract with compatriot oil refiner GS Caltex. 

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COSCO to Ship Crude Oil for PetroChina

COSCO Shipping Energy Transportation signed a deal to transport crude oil for PetroChina.

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Tanker Shipping Benefits from Rise in US Crude Oil Exports

US crude oil exports are now more important to shipping than US oil product exports.

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Hyundai Glovis Pens Oil Shipping Deal with GS Caltex

Hyundai Glovis has signed a 10-year crude oil shipping contract with compatriot oil refiner GS Caltex.

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Gibson: China Takes the Lead in Crude Oil Imports

China has risen as the world’s largest importer of crude oil, moving ahead of the United States, according to data ...

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BP Tanker Finally Unloads Cargo at Curacao Terminal

After being delayed for 100 days off the coast of Venezuela due to unresolved payment issues, the 2013-built tanker ...

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Oil Cargo Loading Halted at Ras Lanuf amid Fresh Conflicts

The Malta-flagged tanker Seadelta, which was due to load 781,000 barrels of crude oil from storage tanks at ...

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Newbuilds Drive Gener8 Maritime's Profit Increase

Crude oil shipping company Gener8 Maritime recorded a 91% increase in its quarterly net income to USD 38 ...

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Eastern NOC Fights Back as It Blocks Tanker Loading

The eastern National Oil Corporation (NOC) of Libya has struck back to its rival Tripoli-based NOC by preventing ...

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Crude Oil Tanker Market to Surge in 2016

The crude oil tanker market is expected to grow strongly in 2016, with projected fleet increase of 4.3%, BIMCO ...

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Japan Wants More Oil from Iran

Following the sanctions lifting against Iran on Friday, Japan plans to extend its deal on crude oil purchase from ...

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PDVSA: Port Operations Absolutely Normal

State oil company of Venezuela Petroleos de Venezuela SA (PDVSA) said on Wednesday that it guarantees that ...

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US House Passes Bill to Lift Crude Oil Export Ban

The U.S. House of Representatives on Friday approved the bill to lift the 40-year-old ban on crude exports, but the ...

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Nigeria Seizes Two Vessels Suspected of Crude Theft

An ocean going vessel identified as MT Askja and a barge have been seized by Nigeria’s Join Task Force on the ...

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US House Panel Clears Bill to Repeal Crude Export Ban

The initiative to repeal the ban on crude exports from the U.S.A. has reached a major hurdle after the House of ...

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Nigeria Bins Crude Oil Delivery Contracts

The Nigerian National Petroleum Corporation (NNPC) has cancelled the contract for the delivery of crude oil to the ...

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Platts: Tankers Leave Ceyhan after Order Cancellations

Nine of the 14 tankers nominated by Iraq’s State Oil Marketing Organization (SOMO) have departed from the ...

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Demand for Iran’s Crude Oil on the Rise

Iran sold 1.4 million barrels of crude oil a day to importing countries, the highest level over the last three ...

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US Crude Oil Exports Hike

The United States exported 401,000 barrels per day (bbl/d) of crude oil in July 2014, the highest level of exports ...

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Russia: First Shipment from Ust-Luga Crude Oil Terminal ...

Russia - First Shipment from Ust-Luga Crude Oil Terminal to Rotterdam

March 23, the new crude terminal at Ust-Luga, part of the Baltic Pipeline System 2, has been launched. SeaNews that ...

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First Tanker at Crude Oil Export Facility in Iraq

First Tanker at Crude Oil Export Facility in Iraq

Leighton Offshore has announced that following the successful hydrostatic testing of the onshore and offshore ...

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