Tanker rates extend rise on sanctions, strong demand to load Mideast oil
Oil shipping rates continued their rally Wednesday on expectations of a tightening in global tanker supply from the latest U.S. sanctions on Russia's fleet and traders' demand for ships to load Middle East oil for Asia,
Oil Tanker Rates Soar as Biden Sanctions Threaten Market Chaos
Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of crude.
Oil Tanker Rates Soar on Biden Sanctions Against Russia
Oil tanker rates jumped as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of crude.
Biden administration sanctions Russia’s oil giants and tanker fleet
The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil producers and nearly 200 tanker ships.
Tanker rates extend rally on sanctions, demand to load Mideast oil
Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on Russia's fleet and traders' demand for ships to load Middle East oil for Asia,
Dozens of Oil Tankers Drop Anchor After Latest US Sanctions Bite
Five of those tankers were stationary off Chinese ports and a further seven dropped anchor off Singapore, with others halting near Russia in the Baltic Sea and the Far East, according to Reuters' analysis based on MarineTraffic and LSEG ship tracking data.
Dozens of tankers carrying Russian oil stopped after latest US sanctions
At least 65 oil tankers have anchored in various locations around the world, including off the coasts of China and Russia, since the US announced a new package of sanctions on January 10, Reuters reports.
Oil shipping rates surge after US sanctions hit availability
Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.
Dozens of Russian oil tankers anchored after latest US sanctions, Reuters reports
Since the United States announced a new package of sanctions on 10 January, at least 65 oil tankers have been anchored in various locations, including off the coasts of China and Russia. Source: Reuters Details: Five of these tankers remain off Chinese ports,
Oil tanker sabotage crew were poised to cut more cables when caught, Finland says
By Anne Kauranen HELSINKI (Reuters) -Crew on board an oil tanker accused of sabotaging undersea power and communications ...
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Disabled oil tanker adrift in Baltic Sea towed to Sassnitz
A loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen has been towed to ...
Putin Shadow Fleet's Sanctions-Hit Tankers 'Stranded' off China Coast
The vessels Mermar, Huihai Pacific and Olia carrying more than 2 million barrels of oil left Russian ports earlier in January ...
Germany calls a Russian oil tanker adrift in the Baltic Sea a threat to security
An oil tanker believed to be part of Russia’s efforts to evade international sanctions went adrift and had to be towed ashore ...
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How Chinese refiners rejecting direct Russian oil imports will reshare tanker trade
“Russian oil sellers are likely to adapt by using non-sanctioned tankers or ship-to-ship transfers,” Kpler added. “But ...
Disabled oil tanker adrift in Baltic Sea being towed eastwards
A loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen was being towed ...