China Dominates in Oil Tanker Market as Refiners Prepare for IMO

China’s demand for crude oil shows no signs of abating.

COSCO unit’s tanker delivers oil to Exxon in Singapore

A supertanker owned by a subsidiary of COSCO Shipping Tanker (Dalian), under U.S. sanctions for allegedly transporting Iranian oil, has docked in Singapore to discharge Middle East crude, shipping data on Refinitiv Eikon showed on Thursday.

Chinese Oil Tankers Are Being Booked Again, But Surging Prices Will Stay High

Chinese Oil Tankers Are Being Booked Again, But Surging Prices Will Stay High

Global oil freight rates rocket as U.S. sanctions tanker units of Chinese giant COSCO

​Key oil freight rates from the Middle East to Asia jumped nearly a fifth on Friday, with the global oil shipping market spooked by fresh United States sanctions on units of Chinese giant COSCO for alleged involvement in ferrying crude out of Iran.

US ascends to top of oil export leagues

For US oil exporters, the news is all good. The monthly report just released by the International Energy Agency (IEA) has put the US at the top of the oil exporting league, albeit temporarily – for a short period in June.

China’s July crude oil imports from Malaysia near record

China’s July crude oil imports from Malaysia near record

Iran seizes foreign oil tanker for smuggling fuel

​Iran said on Sunday that it has seized a foreign oil tanker and its seven crew members on suspicion of fuel smuggling activities, according to Iran’s state media.