Tankers
Private Equity , Investment , Tankers , Construction
Prostar Capital Closes Refinancing for UAE Oil Terminal
New $280 million debt facility to fund significant VLCC loading expansion.
Tankers
Cheniere Still Working on Louisiana Sabine LNG Tanks, Faces Possible Fine
Last week, Cheniere said in a federal securities filing that pipeline safety regulators proposed a $2.2 million penalty in July for alleged violations related to the 2018 leak.
Business , Tankers
Guyana Earns Nearly $80 Million from 7th Crude Cargo, Government Says
Exxon Mobil's discoveries off Guyana's coast have turned the country into the world's newest crude exploration hotspot.
Markets , Legislation , Tankers
US Waives Jones Act to Ease Fuel Crunch After Pipeline Hack
Waiver will allow foreign vessels to ship products from the Gulf Coast to the East Coast.
Markets , Tankers
Traders Book Tankers in Europe After Colonial Shutdown
At least six tankers ae booked to move gasoline from Europe to the U.S.
Tankers , Construction
Port of Corpus Christi, Stabilis to Build LNG Fueling Infrastructure
The partnership acknowledges the increased use of LNG as a marine fuel.
Trade , International , Tankers
Mexico Port Works on US-Sanctioned Cuban Tankers that Carry Venezuelan Oil
Work on the tankers could potentially violate sanctions on Venezuela, lawyers say.
Crude Oil , Trade , Tankers
Oil Prices Rise over 3% on Fears Suez Blockage May Last Weeks
Oil prices, however, were still headed for a third consecutive weekly loss, with the outlook for demand dented by fresh coronavirus lockdowns in Europe despite the Suez Canal blockage.
Crude Oil , Trade , International , Tankers
Oil Prices Rise after Suez Canal Ship Runs Aground Blocking Traffic
The potential disruption to supplies due to the Suez Canal incident has lifted oil prices, but “the reprieve seems temporary,” says Jeffrey Halley of brokerage OANDA.
Trade , International , Tankers
Iran Asks Indonesia to Explain Seizure of Tanker Accused of Illegal Oil Transfer
Indonesia says that oil spilled during the transfer.