Business, Technology, Equipment, Fuel

Flotilla of Diesel Ships Heads to Europe Amid Energy Crisis

A fleet of ships carrying diesel, one of the world’s most important fuels, is heading for European markets facing energy-security threats from high temperatures, soaring gas prices and Russian disruption.

Elizabeth Low | Bloomberg News
August 18, 2022
Government, Business, Fuel

US Fuel Crisis Sparks Refiners to ‘Smash and Grab’ Tankers

Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a cyberattack on the country’s main pipeline.

Elizabeth Low | Bloomberg News
May 11, 2021