Aging Shadow Fleet, Shipping Russian Oil, Poses Disaster Risk March 27, 2023 By Asad Zulfiqar The oil tanker Turba normally should have been melted down by now. The 26-year-old vessel hasn’t had a full inspection...
Japanese Shipping Firm Seeks Government Support for Russia Insurance Risk March 23, 2023 By Shoko Oda and Tsuyoshi Inajima Major Japanese shipping company Nippon Yusen KK is seeking a government guarantee to insure vessels at risk from Russia’s war...
Oil Spills and Near Misses: Growing Numbers of Ghost Tankers Ship Sanctioned Fuel March 23, 2023 By Jonathan Saul An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught in a collision near...
‘Shadow Fleet’ of Tankers Transporting Russian Oil Swells to 600 Ships: Trafigura February 6, 2023 By Archie Hunter, Alix Steel and Grant Smith The “shadow fleet” of ships that transport Russian oil around the world has expanded to around 600 tankers, according to...
Western Tankers Ramp Up Russian Oil Shipments as Prices Remain Below G7 Price Cap February 1, 2023 Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held...
Exxon Avoids Hiring Tankers That Previously Transported Russian Oil December 21, 2022 By Asad Zulfiqar and Alex Longley Exxon Mobil Corp., is avoiding hiring oil tankers that previously carried cargoes from Russia, putting itself in the same camp...
Grounded Oil Supertanker Could Take Month to Free: Indonesian Navy November 8, 2022 Indonesian authorities said on Monday it could take up to a month to free a crude oil tanker stuck in...
Vietnam Negotiates With Iran for Release of Seized Oil Tanker November 5, 2021 By Hau Dinh HANOI, Vietnam (AP) – Vietnam was seeking more information Thursday about a Vietnamese oil tanker that was seized at gunpoint...
Marine Insurers Set to Raise Rates After Red Sea Attacks on Merchant Ships January 13, 2021 By Jonathan Saul LONDON – Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after...
Ship Inspectors Conduct Virtual Inspections of Oil Tankers During Pandemic May 27, 2020 By Jonathan Saul Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus pandemic makes physical...