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Oil Tankers
Russian Oil: First Winter Shipment Heads To Europe Through The New Northern Sea Route Across The Frozen Arctic
“History has been made after the first winter oil shipment from Russia over the roof of the world left for Europe. The 16,000 tonnes of Novy Port oil set off from Yamal on board tankers that will be the first to navigate through the new Northern Sea Route across the Arctic” The Siberian Times reported. … Continue reading
Major Oil Traders Said To Be Booking Tankers For Stockpiling Crude At Sea
A continuous fall in global oil prices has prompted major oil traders to start hiring supertankers as they can benefit from stockpiling crude oil at sea. The oil giant Shell and energy traders Trafigura and Vitol have booked crude tankers for up to 12 months, said Reuters, referring to the fixture lists provided by tanker … Continue reading
