Tag: oil tankers


U.S. Labels Houthis Terrorists After Attacks on Oil Tankers

January 11, 2021

Via: gCaptain

The U.S. has classified Yemen’s Houthis as a foreign terrorist organization following a series of attacks on oil tankers in the Red Sea and as Washington seeks to increase pressure on Iran in the final days of Donald Trump’s presidency. […]


OPEC+ production cuts have dire implications for oil tankers

April 20, 2020

Via: Offshore Energy

“The first quarter of 2020 has been one of the most profitable quarters in the past decade for crude oil tankers, which will hopefully provide a liquidity buffer for the challenging months that lie ahead. Once the production cuts set […]


Shipping’s Big Bang Sends Two Global Industries Spinning

January 14, 2020

Via: Transport Topics

Starting Jan. 1, the vast majority of the world’s ships were forced to change the fuel they use. Some big winners — and potential losers — are starting to emerge from what was a historic switch for the world’s oil […]