Venezuela’s oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as cargo cancellations to U.S.-based producer Chevron CVX.N forced ships to return and left some ports empty, ship tracking data and documents showed.
https://gcaptain.com/venezuela-loses-20-of-oil-exports-after-cargo-cancellations-to-chevron/
On Good Friday, an aging supertanker fully laden with oil and calling itself Varada arrived in the waters to the east of Malaysia after a two-month voyage from Venezuela.
https://gcaptain.com/zombie-ships-are-fast-becoming-a-feature-of-venezuelan-oil-trade/
Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists, according to traders and data from Vortexa.
https://gcaptain.com/russian-arctic-oil-exports-to-china-jump-helped-by-sts-transfers-sources-say/
A cargo of Russian crude that was on a ship rejected by Indian port authorities is now being transferred to another tanker, ship-tracking data show, a sign of how traders are finding ways to skirt regulatory hurdles to keep sensitive freight moving.
https://gcaptain.com/russian-oil-stuck-on-india-banned-ship-finds-new-tanker/
Oil traders looking to book ships that call at US ports are trying to avoid Chinese-built vessels, after President Donald Trump proposed hefty fees on them in a bid to revive American shipbuilding.
https://gcaptain.com/oil-traders-shun-china-made-ships-for-us-flows-on-trump-levies/
Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil-transfer hub for more than a month — possible sign of slowing logistics for the sensitive trade to China.
https://gcaptain.com/iran-oil-filled-tankers-build-up-off-malaysia-as-sanctions-mount/
Freight rates for Russian oil supplies from its Baltic ports to India are declining from recent record highs amid an increase in offers from Western shipowners after Urals crude oil prices fell below a price cap of $60 per barrel, two traders said.
Loading of Venezuela’s heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South American nation’s oil and producer Chevron began reducing its tanker fleetthere, according to shipping data and a document seen on Tuesday.
Syria has received another 100,000 tons of Arctic crude following last week’s initial Russian delivery. The 106,061-dwt Aframax tanker Sakina offloaded at Baniyas port on March 25, according to Syrian news agency reports.
https://gcaptain.com/second-sanctioned-tanker-offloads-russian-arctic-crude-oil-in-syria/
President Donald Trump said he would seek a 25% tariff on any nation purchasing oil and gas from Venezuela, citing migration and criminal gang members in the US.
https://gcaptain.com/trump-says-nations-buying-venezuela-oil-gas-face-25-charge/