Oil tankers seen floating storage as shipments from Persian Gulf at near standstill
Oil tanker companies are exploring opportunities to store refined products in the Persian Gulf to ensure cash flow at a time when they are facing challenges loading and moving out of the region, several
Saudi’s Aramco explores Oil Exports from Red Sea to avoid Strait of Hormuz
DHAHRAN: Saudi Aramco is exploring the option of delivering more cargoes to Yanbu, a port on the Red Sea that’s situated outside the Persian Gulf, where dozens of ships are hunkered down as the
INTERTANKO and OCIMF have issued the following joint statement
LONDON: INTERTANKO (the International Association of Independent Tanker Owners) and Oil Companies International Marine Forum (OCIMF) have issued the following joint statement: “As we monitor the evolving situation across the Middle East and its
‘Strait of Hormuz must not be allowed to shut down’ says Safesea Group Chairman Dr S.V. Anchan
MUMBAI: Amid escalating tensions in West Asia in the wake of US-Israel strikes against Iran, a leading Indian-American maritime executive has voiced concern over the impact on the crucial oil artery of the Strait
Iran-linked oil tanker seized by India went dark after entering Pak’s sea zone, transferred 5,500-tonne oil
NEW DELHI : One of the three US-sanctioned, Iran-linked oil tankers seized by the Indian Coast Guard earlier this month off Mumbai had spent days inside Pakistan’s maritime boundary with its tracking systems switched
Marcura acquires Shipdem, strengthening chemical tanker claims capability
DUBAI/LONDON: Marcura has acquired Shipdem, a UK-based specialist in chemical tanker laytime and demurrage, from its parent company, Casper Shipping. The acquisition deepens Marcura’s capability in one of the most technically demanding tanker segments. Shipdem
US Forces seized oil tanker in Indian Ocean as America steps up quarantine
NEW DELHI : U.S. military forces boarded a sanctioned tanker in the Indian Ocean after tracking the ship from the Caribbean Sea as part of an oil quarantine meant to squeeze Venezuela, Defense Secretary
Lloyd’s Register enhances CAP thickness analysis to improve confidence in tanker structural assessments
LONDON: Lloyd’s Register (LR) has introduced significant enhancements to its Condition Assessment Programme (CAP) Thickness Measurement Analysis process, designed to improve consistency, transparency and predictability in the assessment of tankers built to Common Structural