Saturday 28 May 2016
 
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tankers

Iran tanker company to revamp fleet

National Iranian Tanker Company (NITC) plans to overhaul its fleet and build new oil tankers with the help of domestic companies, a report said, quoting the company's managing director. "We will try to renovate and overha

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Iran struggles to find enough ships for oil exports

Iran faces a struggle to increase oil exports because many of its tankers are tied up storing crude, some are not seaworthy, and foreign shipowners remain reluctant to carry its cargoes. Tehran is seeking to make up for lost trade

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Flow of Iraqi oil to US reaches 3-year peak

Oil tankers are set to deliver the biggest volume of Iraqi crude to US shores in more than three years, as Organization of Petroleum Exporting Countries (Opec's) second-largest producer vies for market share as pressure mounts on US shale

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Saudi's Bahri to buy two used oil tankers for $157m

National Shipping Company of Saudi Arabia (Bahri) said on Tuesday its board had approved the purchase of two used oil tankers from a subsidiary of South Korea's Daewoo Shipbuilding and Marine Engineering Company for $157 million.

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Tankers to load 2m barrels of oil in eastern Libya

Three tankers will load almost 2 million barrels of crude oil at the eastern Libyan ports of Hariga and Brega this week, officials said, as the country struggles to resume former export levels after years of conflict and unrest. &

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Bahri to buy five more tankers from Hyundai Heavy

National Shipping Company of Saudi Arabia (Bahri) has signed a deal to buy a further five very large crude tankers from ship builder Hyundai Heavy Industries, the exclusive oil-shipper for Saudi Aramco said on Wednesday. Hyundai a

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Iran's 40 million barrels stored at sea hangs over oil market

Iran is storing as much as 40 million barrels of oil on supertankers at sea as it prepares for a sales drive if a nuclear deal can be sealed.   Iran and six world powers are seeking to overcome remaining differen

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Iran's 40 million barrels stored at sea hangs over oil market

Iran is storing as much as 40 million barrels of oil on supertankers at sea as it prepares for a sales drive if a nuclear deal can be sealed.   Iran and six world powers are seeking to overcome remaining differen

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Libyan government warplanes attack oil tanker docked at Sirte

Warplanes from Libya's official government attacked an oil tanker docked outside the city of Sirte, wounding three people and setting the ship on fire, officials said.   It was the third confirmed strike by t

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Two tankers to lift 1.3 m barrels of oil from eastern Libyan ports

Two tankers will lift 1.3 million barrels of crude from east Libyan ports Hariga and Zueitina, oil officials said.   The Hariga port was expecting a tanker to lift 700,000 barrels of crude, an oil official said.

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