 |
High oil prices 'to boost oil tanker sales'With the price of oil expected to remain above $100 per barrel in 2012-13 suppliers are encouraged to invest more in oil tankers and maintain their vessels in good condition to make the most of prevailing market conditions, said an expert. More… |
 |
Pirates attack tanker off Nigeria, kidnap 5Pirates have attacked and looted a tanker off the coast of Nigeria, taking five crew members hostage, the ship's operating company said on Wednesday. Piracy and kidnapping in the oil-producing Delta and offshore are common, an More… |
 |
Riyadh fuel tanker blast toll 22; 135 woundedAt least 22 people were killed when a fuel truck crashed into a flyover in the Saudi capital Riyadh on Thursday, triggering an explosion that brought down an industrial building and torched nearby vehicles, officials and state More… |
 |
At least 10 killed by Riyadh building blastAt least 10 people were killed when a fuel truck crashed into a flyover in the Saudi capital Riyadh on Thursday, triggering an explosion that caused the collapse of an industrial building, a witness and television reports said. More… |
 |
Stricken tanker to be broken up in BahrainChemical tanker Stolt Valor, which was severely damaged in an explosion in the Gulf on March 15, is to be broken up in Bahrain, an official from Asry said. Arab Shipbuilding and Repair Yard Company (Asry) chief executive Chris Pot More… |
 |
Syrian oil tanker drops anchor off IranThe MT Tour tanker carrying Syrian crude oil dropped anchor in the Strait of Hormuz near the Iranian port of Bandar Abbas over the weekend, AIS Live ship tracking data on Reuters showed on Sunday. Syria, a sm More… |
 |
Iran helps Syria ship oil to ChinaIran is helping its ally Syria defy Western sanctions by providing a vessel to ship Syrian oil to a state-run company in China, potentially giving the government of President Bashar al-Assad a financial boost worth an estimated $80 million. More… |
 |
Iraq denies technical fault in new oil terminalIraq said weather, rather than a technical fault, was behind an interruption in the operation of a new offshore oil terminal designed to ramp up its exports and that a second tanker was about to begin loading there. The new single point mo More… |
 |
Iran oil curbs 'may revive tanker rates'A rush to replace Iranian crude with oil from other suppliers due to sanctions against Iran could breathe some life back into the very large crude carrier (VLCC) market this year, the head of a Dubai-based tanker owner said. "If you look f More… |
 |
Tanker traffic at Jebel Ali port resumesThe UAE port of Jebel Ali reopened for oil tanker use on Sunday afternoon after bad weather halted traffic in the early hours of the morning, an official at the port said. "As of 1330 hours traffic has resumed," the official said on Sunda More… |
