Why oil tanker rates are surging again this Wednesday
Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased, ...
Crude Oil Prices12d
Tanker Rates Keep Rising After Biden’s Last Sanction Push
US sanctions on Russian oil tankers and companies are driving up demand for Middle Eastern oil and causing a surge in global ...
Rescue teams empty 1,500 tons of oil from Russian tanker
Russian officials say rescue workers have successfully removed almost 1,500 tons of oil stranded onboard a tanker that ran ...
devdiscourse12d
Global Tanker Shortage Sends Oil Shipping Rates Skyward
Oil shipping rates are surging due to tightened global tanker supply following US sanctions on Russia. Shell and Shenghong Petrochemical booked VLCCs at significantly higher rates for February loading ...
The Straits Times1mon
Shell shuts down oil processing unit on Bukom Island to investigate suspected leak
The oil processing unit, located at the Shell Energy and Chemicals Park ... between a Bahamas-flagged bulk carrier and a bunker tanker. Earlier in June, Singapore saw its worst oil spill in ...
Upstream20d
Investigation under way after Shell's latest Singapore oil spill
The International Tanker Owners Pollution Federation (ITOPF) categorises oil spills of less than seven tonnes as 'small'. Shell last year agreed to sell its Energy and Chemicals Park Singapore ...