Crude
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Decarbonization
Hafnia investigating tanker accident at BPCL crude import facility
Oil tanker manager Hafnia HAFNI.OL is investigating an accident involving its vessel Hafnia Seine, which hit a single point mooring…
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Decarbonization
MOL and Petrobras signed a CTV Time Charter Contract and MoU to Start Negotiations on Newbuilding CTV- Reducing CO2 Emissions and Costs Offloading Crude Oil from Sub-bed Oil Fields
Mitsui O.S.K. Lines, Ltd. announced that its wholly owned subsidiary, SeaLoading Holding AS, which owns and operates cargo transfer vessels…
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News
China Retains Crude Oil Import “Crown”
China remains the biggest importer of crude oil in the world, marginally ahead of the E.U. In its latest weekly…
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News
North-West Europe Crude Oil Exports On The Rise
Crude oil exports from Norway and the UK, i.e. North-West Europe have been on the rise this year. In its…
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News
Turkey A Major Crude Oil Exporter and Major Oil Player in the Mediterranean
Turkey’s crude oil exports have been a major contributing factor in the country becoming a major player in the Mediterranean,…
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News
Tankers: Mexico’s New Refinery Will Change the Crude and Clean Tanker Trade
The crude and clean tanker market in the North American region will see its trade shift, from 2024 onwards, as…
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News
Russian crude oil exports to India in August at lowest level since beginning of the year
The first week of September brings a downward movement in crude oil freight rates and a continued downward trend in…
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News
Tankers: Russian Crude Oil Exports via the Northern Sea Route Are Expected to Increase in the Future
Russia’s crude oil export routes are in a state of constant flux, as the exporter is shifting volumes to other…
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News
EU is Now the Largest Seaborne Importer of Crude Oil
The tanker market has benefited from the fact that the EU is now established as the single largest importer of…
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News
Saudi Arabia Crude Oil Exports Keep Rising in 2023
Saudi Arabia’s crude oil exports have maintained their upward momentum in 2023, albeit at a significant slower pace, as production…
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