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Oil Tanker News

 

China's 2020 Crude Oil Imports Hit Record

Jan 14, 2021

China's total crude oil imports surged 7.3% in 2020 despite the coronavirus shock early in the year, with record arrivals in the second and third quarter amid plunging oil prices and expanding refineries, data showed on Thursday.For 2020, the world's top oil buyer brought in a record 542.37 million tonnes of crude oil, or 10.85 million barrels per day (bpd).December shipments were 38.47 million tonnes…

Indian Gas Tankers Prepare to Sail Through Strait of Hormuz

Mar 20, 2026

Two Indian-flagged liquefied petroleum gas tankers are preparing to sail through the Strait of Hormuz in coming days after a pause in voyages, with no crude oil tankers having transited the waterway in the past 24 hours, according to shipping data and sources…

Second Arrest Warrant Issued for GP Global's Tanker

Sep 16, 2020

An Indian court has issued a second arrest warrant for a marine refueling tanker owned by troubled UAE oil trader GP Global after it failed to make payments to its ship manager, court documents showed.On Sept. 10, the High Court of the western Indian state of Gujrat granted the vessel manager's…

Sri Lanka: Fire-hit Tanker Towed Further Offshore as Wind Picks Up

Sep 10, 2020

The Sri Lankan navy has towed a fire-stricken supertanker further out to sea to keep it off the coast of the Indian Ocean island after the wind picked up strength and changed direction, a spokesman said on Thursday.The tanker, loaded with 2 million barrels oil…

Fire Breaks Out Again on Stricken Supertanker Offshore Sri Lanka

Sep 07, 2020

Firefighters are again battling flames aboard a fully loaded oil supertanker off Sri Lanka, the island's nation's navy said on Monday, four days after fire first broke out on the New Diamond.'Fresh flames have risen in the funnel section of…

Current News

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Oil Climbs on US Storm Threat, Saudi Attack Risks

Oil Climbs on US Storm Threat, Saudi Attack Risks

KBR to Support Aramco’s Marjan Offshore Field Upgrade

KBR to Support Aramco’s Marjan Offshore Field Upgrade

Oil Industry Braces for Years of Market Disruption

Oil Industry Braces for Years of Market Disruption

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

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