Western pressure on Russia-China crude trade bites both volumes and fleet
Lack of ships could bring down Russian exports by 7%, Vortexa says
Tankers
Russia’s Sovcomflot cuts loss and boosts revenue as it adapts to Western sanctions
Russian state tanker and LNG carrier owner getting stronger operationally despite vessel blacklistings
Sanctioned Indian refiner asks government for tankers to keep oil flowing
Nayara Energy also sends first fuel cargo to China since 2021
Timing couldn’t be better for willing tanker seller International Seaways, analysts say
US owner continues to reap the rewards of robust rates
Trump sanctions would have double consequences for tankers, says Clarksons
Clarksons’ Frode Morkedal says VLCC rates could climb to $80,000 per day
Trump tariffs would have double consequences for tankers, says Clarksons
Clarksons’ Frode Morkedal says VLCC rates could climb as high as $80,000 per day later this year
UN slammed for ‘poorly executed’ plan that left VLCC in Houthi hands
Former Euronav vessel was sent to Yemen to prevent an oil spill. Now, it’s allegedly being used as a Houthi fuel depot
Torm boss Jacob Meldgaard welcomes new lenders in $875m switch from lease financing
Danish executive tells TradeWinds that margins available from banks were too good to turn down
Torm boss Jacob Meldgaard welcomes new lenders in $857m switch from lease financing
CEO tells TradeWinds that margins available from banks were too good to turn down
Torm boss Meldgaard optimistic on tankers as US sanctions ‘hammer’ hits shadow fleet
Danish CEO tells TradeWinds that compliant ships are far busier than their blacklisted counterparts