Latest News for: Oil tanker


Punjab seeks green corridor from Gujarat, Rajasthan to ferry oxygen from Hazira

Indian Express 14 May 2021
On May 10, the Union Ministry of Road Transport and Highways had approved two tankers having a capacity of 20 metric tonnes each for Punjab in the mapping of 12 ISO containers/tankers (LNG) by the Indian Oil Corporation Limited to states ... Centre approves two O2 tankers for Punjab.

EnergyU.S. refiner Valero granted Jones Act waiver after Colonial outage -sources

Reuters 14 May 2021
U.S. refiner Valero Energy Corp (VLO.N) was granted a Jones Act waiver, sources familiar with the matter said on Thursday, after a cyberattack shut the Colonial Pipeline late last week, creating a fuel crunch in several parts of the U.S. Southeast and Northeast ... read more ... crews ... Valero chartered an oil products' tanker for storage in the U.S ... ....

EnergyU.S. fuel supply response slowed by mothballed oil tankers

Reuters 13 May 2021
Efforts to get fuel supplies to areas in the United States facing shortages have been slowed because shipowners have mothballed U.S.-flagged oil tankers that can make coastal voyages, shipping sources said on Wednesday ... Only U.S.-flagged tankers are permitted to make voyages carrying U.S.

Michigan Governor Seeks to Close Pipeline Across Strait of Mackinac

The Maritime Executive 13 May 2021
Oil tanker trains would have to travel an added distance to bypass the state of Michigan and incur higher per barrel transportation cost ... Marie and towns along on the North Channel of Lake Huron, allowing a convoy of oil tanker trains to operate along that stretch of railway line until a section of oil pipeline is installed.

Qingdao port acquires crude oil terminal

Seatrade Maritime News 13 May 2021
... Qingdao port will hold 51% equity interests in Haiye oil terminal ... It is equipped with 17 oil tankers with a storage capacity of 1.04m cubic meters and connected with crude oil tanks of the Huangdao oil port area by oil pipeline. .

Colonial Pipeline restarts service to US East Coast after cyberattack shutdown

Splash24/7 13 May 2021
In addition to price increases at the pump, charter rates for oil tankers rose in the last few days, as US refiners booked tankers to store fuel. Traders had also booked tankers to ship gasoline and diesel ...

What commodity prices are telling us, plus Sinovac results in Indonesia

The Manila Times 13 May 2021
tankers, dry-bulk and containers. Tankers transport crude oil and natural gas ... Thus, demand for oil and natural gas is relatively stable and grows at a rate of 5 percent or below a year and is quite predictable given seasonality (higher use of heating oil in the winter and higher use of air conditioning in the warmer countries in the summer).

Oil distributors assure there is no 'fuel shortage'

Avoyelles Today 13 May 2021
Romain Oil -- a local fuel wholesaler and Y-Not convenience store chain owner -- issued a statement saying the situation with Colonial Pipeline may cause some temporary delays due to oil tanker trucks having to be rerouted to other terminals to load their cargo of fuel, but "we are not expecting any major widespread outages locally.".

Letter: Big business must have its slice of the pie

Hickory Record 13 May 2021
Who remembers the oil embargo by the Arab Nations in 1973? The facts are. hundreds of fully loaded oil tankers were anchored off our coasts that could not be unloaded because our land-based tanks were full to capacity ... Big Business philosophy is ... Another welcome excuse for big oil companies to raise prices ... .

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended March 31, 2021

Enid News & Eagle 13 May 2021
Announced delays in new capital expenditure by many oil majors in 2020 have had a negative impact on the demand for shuttle tankers and, given the uncertainty around the continuation of the COVID-19 situation, this dampened demand could persist ... and pricing for shuttle tankers.

Urging parties in Yemen to make concessions, conclude peace deal, briefers caution Security Council of impending humanitarian, ecological catastrophes

Reliefweb 13 May 2021
It also should exert maximum pressure to prevent the Safer oil tanker from being used for political extortion and allow the United Nations inspection team to conduct necessary assessments ... United Nations experts must be permitted to inspect the Safer oil tanker, he said, as it may lead to an environmental and humanitarian disaster.

EnergyU.S. waives shipping restrictions to ease fuel crunch after pipeline hack

Reuters 13 May 2021
Efforts to get fuel supplies to areas in the United States facing shortages have been slowed because shipowners have mothballed U.S.-flagged oil tankers that can make coastal voyages, shipping sources said on Wednesday ... "This waiver will help provide for the transport of oil ...

US military transports weapons, logistic material from Iraq to Syria’s Hasakah: SANA

Press TV 13 May 2021
The development came only two days after a convoy of 27 US military vehicles loaded with wheat crops and crude oil entered the Iraqi territories after crossing al-Waleed border crossing ...Americans and their allies are targeting the Syrian oil wealth and its tankers just like pirates,” the Syrian oil minister said.

Gas prices are surging in the Southeast. Here’s why (and why not)

Finger Lakes Times 13 May 2021
Increased demand should mean increased supply, right? The West Texas oil boom did lead to some of the lowest prices in a generation in the late 2010s ... At one point, companies were scrambling to find a place to store all of the oil, including in warehouses, on giant tankers, anywhere they could put it ... oil.

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