Operators also favor the ability of shuttle tankers to segregate the oil. Pipelines often blend crude from various fields. Shuttle tankers are also easier to maintain and have a back-up-system in ...

Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

2-Year U.S. Treasury Note Continuous Contract $102.816 0.070 0.07% 5-Year U.S. Treasury Note Continuous Contract $107.031 0.305 0.29% 10-Year U.S. Treasury Note Continuous Contract $110.156 0.609 ...

Angelicoussis’ decision to expand into shuttle tankers — first by ordering a newbuilding trio in January and now by taking over 18 AST ships — is arguably the biggest bet she has taken so far under ...

2-Year U.S. Treasury Note Continuous Contract $102.859 0.113 0.11% 5-Year U.S. Treasury Note Continuous Contract $107.109 0.383 0.36% 10-Year U.S. Treasury Note Continuous Contract $110.266 0.719 ...

Teekay notes that most crude oil tankers, and virtually all Aframax size tankers, are scrapped previous to reaching 25 years of age. This is significant, as 83.2 million dwt, or 27.6 percent of ...

Its fleet consists of sixteen shuttle tankers, which are vessels designed to transport crude oil and condensates from offshore oil field installations to onshore terminals and refineries.

In most cases, the FPSOs require Dynamic Positioning (DP) shuttle tankers with special cargo handling equipment for receiving the crude oil and transporting it to an oil storage terminal or calm ...

A crude oil tanker has been damaged in a missile attack off the coast of Yemen - the latest strike to be carried out by the Houthis. The incident happened roughly 15 nautical miles south-west of ...

Crude oil lower; labor market data points to slowing economy By Investing.com - Jul 07, 2023 2 Investing.com -- Crude oil prices weakened Friday after softer-than-expected U.S. employment data ...

What is the price of crude oil today? WTI futures traded at $71.26 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 2.97%. Brent futures traded at $74.94/bbl, an increase of 0.85% ...