28 Feb ECO Phoenix modernises fleet "After the Prestige incident," says Ms Jouravleva, "the continuing tanker
safety debate has been given renewed impetus. Within a fairly short time
period bunkering companies within the European Union will have to switch to
double-hull bunker tankers. In Full
28 Feb Seven year-old Double-Hull cracks Such an incident plays to the beliefs of those who reckon that the stiff yet optimised structures of larger double-hulled tankers will cause problems in the long run. In Full
25 Feb Vela scoops up cheaper VLs Vela is back in the market again for VLCCs AG/West after a week of quiet market conditions for VLs in the Middle East. In Full
24 Feb Iraqi oil export from Khor al Amaya A flurry of rumour that several tankers have loaded at Iraq's Khor al Amaya terminal just to the North of Mina al Bakr is still labelled 'not proven' in all cases bar one. In Full
24 Feb Italy signs decree to ban certain single-hull tankers The Italian ministry of Transport and Environment on Friday signed a decree to ban single-hull tankers above 5,000 DWT and more than 15 years of age from entering the country's ports if they are carrying those types of heavy oils regarded as the worst pollutants. In Full
24 Feb Oil prices march on up to the beat of war drums This week will see a new test of Iraq's level of cooperation with UN demands after Hans Blix gave them a until Saturday March 1st to start destroying al-Samoud missiles. In Full
24 Feb VLCC weekly market analysis Charterers have put their brakes on firmly for their second half March VL requirementswhich has taken some of the steam out of the previous week's market. In Full
21 Feb Prices jump on explosive fire at New York storage terminal Sources said that the storage facilities where almost entirely for clean products. Bunkering operations are expected to be affected insofar as some bunker storage facilities may not be accessible for as long as the waterway is closed to traffic. In Full
21 Feb Irish take a refuge lead The Irish Coastguard has shown the world a fine example of offering shelter and assistance to a tanker in trouble, a lesson that would have helped the Castor and perhaps even saved the Prestige and the Erika. In Full
18 Feb Venezuelan oil to remain short Venezuela's oil industry is likely to remain crippled for a long time even when the eight week strike has been settled. In Full
18 Feb Norway proposes Act to protect coastline from oil spills Russian oil companies are rapidly increasing their output from oil fields east of the Barents Sea. As a result, ever increasing amounts of oil are
being moved by tanker out of the Murmansk region and down the Norwegian coast. In Full
10 Feb NITC's war experience A veteran of the 1984-1988 Gulf crisis wants to share NITC's experience of destructive bombardment and missile attacks on its tanker fleet, hoping that it can help to "minimise destructive impacts of the envisaged war."
In Full
