Tag

Tanker

All articles tagged with #tanker

Tankers surge as Middle East conflict redraws oil trade routes
business21 days ago

Tankers surge as Middle East conflict redraws oil trade routes

Shipowners ordered more than twice as many tankers this year than in all of 2025, in a $20 billion spree—the largest in at least a quarter century—as Middle East conflicts redraw trade routes, including the closure of Saudi Arabia’s East-West Pipeline. With crude from the Americas now moving on longer transoceanic voyages, tanker hire rates have surged to record highs, exceeding $1 million per day.

Tanker Strikes Intensify Hormuz Crisis as Shipping Traffic Slows
world1 month ago

Tanker Strikes Intensify Hormuz Crisis as Shipping Traffic Slows

A tanker was struck in the Strait of Hormuz as part of ongoing shipping disruptions. UKMTO, cited by DPA, said the Aframax Liberian-flagged vessel carrying 704,000 barrels of jet fuel was struck in the Iran–Oman waterway and reached Fujairah. Overall traffic through Hormuz remains well below recent averages as Iran and Oman discuss a temporary corridor to reopen navigation. About 65% of Hormuz exports head to China, and Windward data show limited tanker movements (11 inbound, 6 outbound; 6 tankers total), highlighting persistent risks even as oil traders stay cautiously optimistic.

Oman fights to contain vast spill from stricken tanker near protected reefs
environment2 months ago

Oman fights to contain vast spill from stricken tanker near protected reefs

Oman is scrambling to contain a large oil spill off its southern coast from the tanker Caroline Bezengi, reportedly part of Russia’s shadow fleet, which has been stranded for over a month in a protected marine area. The slick covers roughly 400 sq km (with Greenpeace estimating about 600 sq km) near the Hallaniyat archipelago, home to a marine reserve protecting reefs and sea turtles. Authorities are aerially monitoring, deploying divers, and planning to transfer the oil cargo to reduce risk and safeguard biodiversity while the cause remains undetermined and the vessel remains under sanctions scrutiny.

Missile hits LNG tanker near Strait of Hormuz as US urges Americans to leave Middle East
world2 months ago

Missile hits LNG tanker near Strait of Hormuz as US urges Americans to leave Middle East

A Bermuda-flagged liquefied natural gas tanker, Gaslog Shanghai, was struck by a missile near the Strait of Hormuz, damaging its engine room and leaving it inoperable off the Oman coast. UKMTO confirmed a strike in the same area overnight, and Bloomberg cited security sources. US embassies began urging Americans in the region to depart the Middle East as tensions rise, though Iran has not claimed responsibility for the attack, which followed threats of strikes on Iran.

Mine Strikes Tanker in Strait of Hormuz as Iran Intercepts Six Vessels
world2 months ago

Mine Strikes Tanker in Strait of Hormuz as Iran Intercepts Six Vessels

An oil tanker blew up after hitting a mine in the Strait of Hormuz, while Iran’s state-linked media said it intercepted six vessels crossing the strait in the last 24 hours; the tanker’s identity was not disclosed and it allegedly strayed from Iran’s approved route. The episode comes amid ongoing US-Iran tensions and a roughly 70% plunge in strait traffic since a cease-fire breakdown, with Iran warning ships and the US navy maintaining a blockade.

Hormuz blockade endures as U.S. pauses direct strikes
world2 months ago

Hormuz blockade endures as U.S. pauses direct strikes

The U.S. says it paused further direct strikes in the Strait of Hormuz after disabling the Mozambiqueflagged tanker Lavine and inspecting the M/T Charminar, as CENTCOM reports 12 ships redirected, 2 disabled and 2 boarded to enforce the blockade; the blockade remains in effect and the pause comes as President Trump reportedly halted escalation due to a diminished stockpile of interceptors.

Tanker seized off Yemen as Iran-US standoff tightens shipping lanes
world2 months ago

Tanker seized off Yemen as Iran-US standoff tightens shipping lanes

Armed assailants boarded a small tanker off Yemen’s coast and took control, prompting a South Korean warship to be dispatched to the area. The incident unfolds amid escalating Iran-US hostilities and Tehran’s threat to disrupt key Red Sea shipping routes, with US strikes and Iranian retaliation contributing to tighter, more volatile shipping traffic through the region and higher oil prices.