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Oil Tanker

China's 2020 Crude Oil Imports Hit Record

For illustration only - Crude oil tanker in front of Qingdao coastline - Image by Igor Groshev/AdobeStock

China's total crude oil imports surged 7.3% in 2020 despite the coronavirus shock early in the year, with record arrivals in the second and third quarter amid plunging oil prices and expanding refineries, data showed on Thursday.For 2020, the world's top oil buyer brought in a record 542.37 million tonnes of crude oil, or 10.

Second Arrest Warrant Issued for GP Global's Tanker

GP B3 - Image Credit: mgklingsick_aol_com/MarineTraffic.com

An Indian court has issued a second arrest warrant for a marine refueling tanker owned by troubled UAE oil trader GP Global after it failed to make payments to its ship manager, court documents showed.On Sept. 10, the High Court of the western Indian state of Gujrat granted the vessel manager's,

Court Orders Seizure of GP Global's Oil Tanker Over Loan Default

GP B3 - Credit: mgklingsick_aol_com/MarineTraffic.com

An Indian court has ordered the seizure of a tanker belonging to Dubai-based oil trading firm GP Global after a petition from UAE lender National Bank of Fujairah over a loan default, a court document showed.The Gujarat High Court directed the authorities of Pipavav Port on Sept. 9 to seize the company's bunkering tanker,

Sri Lanka: Fire-hit Tanker Towed Further Offshore as Wind Picks Up

Credit: Sri Lanka Navy

The Sri Lankan navy has towed a fire-stricken supertanker further out to sea to keep it off the coast of the Indian Ocean island after the wind picked up strength and changed direction, a spokesman said on Thursday.The tanker, loaded with 2 million barrels oil, was 50 nautical miles (95 km) from the east coast and moving in a northerly direction,

Fire Breaks Out Again on Stricken Supertanker Offshore Sri Lanka

Credit: Sri Lanka Navy

Firefighters are again battling flames aboard a fully loaded oil supertanker off Sri Lanka, the island's nation's navy said on Monday, four days after fire first broke out on the New Diamond."Fresh flames have risen in the funnel section of the MT New Diamond Supertanker and firefighters

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