Tag: oil tankers

Energy, Industry Focus Areas, Logistics, Process

EU Shipowners Race to Move Russian Oil Before Sanctions Kick In

July 17, 2022

Via: The Wall Street Journal

Tanker owners in Europe are shipping as much Russian crude as possible before energy sanctions against Moscow take effect in December. Since Russia’s invasion of Ukraine in February, Western nations have pledged to wean themselves off crude from Moscow and […]

Energy, Industry Focus Areas, Logistics, Process

Oil Traders Jump Into Action as Europe Screams for Diesel Supply

March 11, 2022

Via: Transport Topics

Traders are snapping up ships to haul millions of barrels of diesel westward from Asia and the Middle East as oil supply chains react to Russia’s invasion of Ukraine. Bookings to fill oil tankers with refined fuels — mostly diesel, […]