UK, US sanctions force Russia's oil tankers to reflag, Bloomberg reports
A growing portion of Russia's oil tanker fleet is being forced to reflag as U.S. and U.K. sanctions intensify pressure on Moscow's shipping network, Bloomberg reported on Jan. 23. The removal of these flags disrupts Russia's oil export logistics,
Russian oil freight rates soar on sanctions-driven tanker shortage
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions cut availability of tankers, three traders said and data showed.
Russian Oil Ships Hunt for New Flags to Hide From Sanctions
A chunk of Russia’s oil tanker fleet is being forced to change the flag they sail under as US and UK sanctions heap pressure on Moscow’s shipping network.
Middlemen Have Halted Russian Oil Cargo Offers After US Sanctions, Indian Refiner Says
Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and insurers, according to the finance chief at Indian refiner Bharat Petroleum.
Why Indian refiners can’t access Russian oil cargoes
The recent implementation of new US sanctions targeting Russian oil producers, tankers, and insurers has created a disruption in the supply chain. Middlemen who were previously involved in supplying Russian oil to Indian refiners,
The Associated Press on MSN13d
Salvage complete of tanker at center of oil spill scare after being hit by Houthi rebels in Red Sea
An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged.
Middletown Press on MSN2d
Cromwell tanker crash on Route 9 causes 100-gallon oil and diesel spill, officials say
State police said a tanker rolled over on Route 9 south in Cromwell Monday night, causing 100 gallons of oil and diesel to ...
Newsweek on MSN13d
Oil Disaster Averted After Sabotaged Tanker Is Salvaged
The Greek-flagged, Sounion was first attacked on Aug. 21 with small arms, projectiles, and a drone boat by the Iran-backed ...
Finland had 12 minutes left to stop a Russia-linked oil tanker from dealing 'much worse' damage to its undersea cables, president says
"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...
DPA International on MSN11d
Disabled oil tanker adrift in Baltic Sea towed to Sassnitz
A loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen has been towed to ...
Germany calls a Russian oil tanker adrift in the Baltic Sea a threat to security
An oil tanker believed to be part of Russia’s efforts to evade international sanctions went adrift and had to be towed ashore ...
Daily Post Nigeria on MSN2d
Residents rush to scoop groundnut oil as tanker overturns in Niger
Residents in Bida, Niger State, rushed to collect groundnut oil on Tuesday morning after a tanker overturned near Shafa ...
Tanker under US sanctions discharges oil at Chinese port, LSEG data shows
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...
Disabled oil tanker adrift in Baltic Sea being towed eastwards
A loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen was being towed ...
Marine Link1d
Oil Tanker Vessel Deliveries Plummet 74% in '24
In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight ...