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Ukraine fallout continues to support tanker freight rates
Freight rates for clean tankers—the specialist vessels that transport refined petroleum products—reached multi-year highs in 2022 and are likely to remain strong going into 2023
G7 targets Russian access to tanker insurance
Group wants to cut Moscow’s hydrocarbon revenues, but even the most stringent sanctions have their limits out at sea
Russia-linked tankers ‘going dark’
Shipping analysts Windward see a rise in suspicious activity by Russia-affiliated vessels since start of Ukraine war
Market vagaries may still buffet merging tanker heavyweights
Frontline-Euronav deal will create one of the world’s largest tanker fleets, but price-setting power may remain outside the combination’s reach
Tanker market feels impact of Ukraine crisis
The tanker freight market is having to deal with sanctions, uncertainties and shifting trade flows in the aftermath of Russia’s invasion
Marine fuel market enters troubled waters
Ripple effect from Russia’s war in Ukraine may result in significant supply disruption
LNG shipbuilding capacity to tighten
Shipyards are nearing their limits due to strong demand for carriers
Rotterdam LNG bunkering demand soars
Europe’s largest bunkering port is reaping the rewards of exponential growth in LNG fuelling
Rotterdam LNG bunkering surges again
Sales of gas as a marine fuel close to double in just three months at Europe’s biggest port
Shipping must start planning for zero CO2
Industry warned it must begin developing technology now to comply with IMO 2050 zero carbon emissions target
Tankers Bunker fuel
Greg Miller
26 February 2019
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Bringing VLCCs to port

Transport costs for US crude exports should fall as facilities are built to handle the largest tankers

US crude exports are already breaking records and new pipeline capacity will bring even more cargoes to sea by the end of this year. How this crude is loaded at the terminals—and the type of tanker it is loaded aboard-is about to change, promising new savings for oil exporters. Today, most US crude shipped to Atlantic Basin buyers is loaded on smaller 750,000-bl Aframax tankers. In contrast, almost all US crude sent to Pacific Basin buyers is transported using very large crude carriers (VLCCs) that can hold 2mn barrels each. Due to insufficient channel depth along the US Gulf Coast, almost all VLCCs must be reverse lightered: cargoes are initially loaded on Aframaxes, which then conduct ship

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