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Jonathan Saul

Exxon Mobil bars use of oil tankers linked to Venezuela: sources

04 Oct 2019

LONDON/HOUSTON Exxon Mobil Corp this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the matter, putting new pressure on the U.S. sanctioned country and on global crude freight rates.

UPDATE 1-Exxon Mobil bars use of oil tankers linked to Venezuela -sources

04 Oct 2019

LONDON/HOUSTON, Oct 4 Exxon Mobil Corp this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the matter, putting new pressure on the U.S. sanctioned country and on global crude freight rates.

RPT-EXCLUSIVE-Ships with 1 mln tonnes of grain stuck outside Iran's ports in payment crisis

03 Oct 2019

LONDON/DUBAI, Oct 2 More than 20 ships carrying around one million tonnes of grain are stuck outside Iranian ports as U.S. sanctions create payment problems and hamper the country's efforts to import vital commodities, sources directly involved in the trade said.

Exclusive: Ships with 1 million tonnes of grain stuck outside Iran's ports in payment crisis

02 Oct 2019

LONDON/DUBAI More than 20 ships carrying around one million tonnes of grain are stuck outside Iranian ports as U.S. sanctions create payment problems and hamper the country's efforts to import vital commodities, sources directly involved in the trade said.

Oil shipping rates soar as U.S. supertanker sanctions rattle crude trade

27 Sep 2019

SINGAPORE/LONDON Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday in a global oil shipping market spooked by United States sanctions on units of Chinese giant COSCO for alleged involvement in ferrying crude out of Iran.

Unipec replaces ship charters after U.S. sanctions COSCO tanker units: sources

26 Sep 2019

LONDON/SINGAPORE China's Unipec has made replacement bookings for four oil shipments from the Middle East Gulf after the United States imposed sanctions on the tanker subsidiaries of China's COSCO, three shipping sources said on Thursday.

Unipec replaces ship charters after U.S. sanctions COSCO tanker units - sources

26 Sep 2019

LONDON/SINGAPORE China's Unipec has made replacement bookings for four oil shipments from the Middle East Gulf after the United States imposed sanctions on the tanker subsidiaries of China's COSCO, three shipping sources said on Thursday.

Trafigura bets on shipping stocks in Scorpio share deal

24 Sep 2019

LONDON, Sept 24 Scorpio Tankers has agreed to acquire Trafigura subsidiaries that have leasehold interests in 19 ships in an all-share transaction worth $803 million, the companies said on Tuesday.

Shipping sector sets course for zero carbon vessels, fuel by 2030

23 Sep 2019

LONDON Leading ports, banks, oil and shipping companies on Monday launched an initiative which aims to have ships and marine fuels with zero carbon emissions on the high seas by 2030, in another step by the maritime sector to reduce CO2.

Saudi attacks, high demand leaves U.S. short on oil tankers: trade, shipping sources

20 Sep 2019

HOUSTON/LONDON A disruption in global oil flows following attacks on Saudi Arabian facilities has left U.S. crude exporters without enough tankers to cover rising demand for cargoes, traders and shipping sources said.

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