Greek owner Spring Marine makes string of asset plays with ageing tankers
Low-profile Athens company flips vessels it bought in 2021 and 2022 at considerable profit
Trader Vitol sells Venezuelan oil to Indian refiners, trade sources say
Two Indian state refiners have bought 2 million barrels of Venezuelan crude from trading house Vitol for November delivery, trade…
Russia set to increase idled oil refining capacity, boosting exports
Russia plans to take offline 4.0 million metric tons of refining capacity in October, an increase of 67% from an…
Iran oil exports slump to multiyear lows as Tehran braces for retaliation
Iran’s crude export loadings have fallen sharply, according to observed and estimated tanker loadings, as Tehran braces for a potential…
DHT rate guidance underwhelms analysts as VLCC fixed out for a year
US-listed owner slightly ahead of third quarter consensus, but final three months have started slowly
Shell strikes deal for 10 product tankers worth $480m at Chinese shipyard
The oil major is likely to novate the product carriers to leasing houses or shipping companies, sources say