Latest News for: Products tanker

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Product tanker demo on course to crack 11-year record

Splash24/7 11 May 2021
During the years of 2019 and 2020, 1.2m dwt of oil product tanker capacity was all that was demolished per year ... So far this year, 10 crude oil and 38 oil product tankers have left the active trading fleet and the development in crude oil tanker demolition and that of oil product tankers continues to head in different directions.
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Prolonged US pipeline closure the wildcard for product tanker owners

Splash24/7 11 May 2021
Although the products tanker market is oversupplied, it remains tight as non-eco MR spot rates for the TC2 route jumped by 90% on the news yesterday ... tanker companies such as Scorpio and Ardmore as more imports of fuel would be demanded,” Jefferies stated in a note to clients.
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Scorpio Tankers and where next for the products market?

Seatrade Maritime News 11 May 2021
A road to recovery for product tankers. The listed refined products mover, Scorpio Tankers, controlling 131 vessels is braced for a turn upward and believes vaccinations will drive demand recovery in refined products ...It’s undeniable that STNG has a very attractive fleet with significant operating leverage to an upturn in product tanker demand.
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Biden: No Evidence That Russia Was Behind Pipeline Cyberattack

The Maritime Executive 11 May 2021
The Colonial Pipeline stretches all the way from Texas to New Jersey, and it distributes vital supplies of petroleum products like diesel, gasoline and jet fuel to every state in between ... East Coast would take a product tanker about ten days, putting the first arrival of relief shipments after the predicted resumption of normal supplies.
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Tankers booked to store fuel off U.S. Gulf Coast after pipeline outage

Canada Dot Com 11 May 2021
LONDON — At least four tankers have been booked to store refined oil products off the U.S ... Tankers booked to ...
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Traders book tankers to store fuel after U.S. pipeline outage

Canada Dot Com 11 May 2021
LONDONTraders booked at least four tankers to store refined oil products off the U.S ... Traders book tankers to store fuel ...
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U.S. pipeline outage prompts refiners to book tankers to store fuel

Canada Dot Com 11 May 2021
refiners booked at least four tankers to store refined oil products off the Gulf Coast following a cyber attacks that ...
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US gas pipeline shut down on cyber-attacks, North Carolina declares state of emergency

Live Mint 11 May 2021
Tankers Booked ... Atlantic Coast, according to Danish oil-product tanker company Torm A/S ... That doesn’t extend to waiving Jones Act, a measure that would allow foreign tankers to help shuffle more petroleum products between U.S ... are weighing alternatives for how to ship their products to the Northeast.
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US passes emergency waiver over fuel pipeline cyberattack

Shenzhen Daily 11 May 2021
... diesel, jet fuel and other refined petroleum products ... The temporary waiver issued by the Department of Transportation enables oil products to be shipped in tankers up to New York, but this would not be anywhere near enough to match the pipeline’s capacity, Sharma warned.
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Tanker Owner Diamond S Shipping Inc. Reports First Quarter Net Loss of $33.6 Million

Hellenic Shipping News Worldwide 11 May 2021
... tankers, yesterday announced results for the first quarter of 2021.
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BOST begins petroleum product re-export, poised to lead downstream oil industry transformation

Graphic 11 May 2021
The Bulk Oil Storage and Transportation (BOST) has begun the re-export of refined petroleum products to some landlocked countries. Last month, the company delivered about 70-long fuel tankers of refined products to Mali and is on the verge of tapping into other markets of other landlocked countries.
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Cyberattack on US pipeline sees petrol stations run dry

Business Day 11 May 2021
Oil tanker charter rates skyrocketed in the US with refiners scrambling for ships to store fuel that has nowhere to go ... That doesn’t extend to waiving the Jones Act, a measure that would allow foreign tankers to help shuffle more petroleum products between US ports.
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