Page 86 - Vitol News Today

From the rundown Neptune Magnet Mall in Mumbai, a giant of international oil shipping has emerged over the past 18 months, seemingly from nowhere. Since Russia invaded Ukraine, the company has bought more oil tankers than anyone else, elevating itself from an unknown Indian shipping business into one of the worlds largest vessel owners, a media report said.

Prices risk more than doubling with a demand revival.

Scott Wyatt has been with the same company – Viva and Shell before it – for more than three decades, but change is in the air he couldn’t be more excited.

Today, the II International Conference and Exhibition «International Transport and Transit Corridors: Interconnection and Development - 2023» began its work in the capital, the venue of which was the Chamber of Commerce and Industry of the country.

Mystery Indian Company Shipping Millions Of Barrels Of Russian Oil. Gatik Ship Management owned just two chemical tankers in 2021.

Since Russia invaded Ukraine, the company has bought more oil tankers than anyone else, elevating itself from an unknown Indian shipping business into one of the worlds largest vessel owners.

$77 billion is more than double the previous year, as traders benefited from extreme price volatility following Russia’s invasion of Ukraine

The worlds top 11 energy traders made around $77 billion in earnings last year, more than double the previous year, amid huge price volatility, according to Bernstein analysts.... | May 3, 2023

ZeroNorth customers will gain access to carbon reduction solutions and bunkering services through the subsidiary Vitol Bunkers

LONDON (Reuters) -The world's top 11 energy traders made around $77 billion in earnings last year, more than double the previous year, as they benefited from extreme price volatility following Russia's invasion of Ukraine, Bernstein analysts said on Wednesday. | 09:53am