06/08/2018 Tankers: Higher Bunker Costs Will Lead to Increased WS100 of up to 17% With bunker costs now at an average of 30% higher compared to the comparative period of the past year, it's | 06/08/2018 Dry Bulk Market: Capesize Market Dominated By Vale Capesize Vale dominated the news for the big ships, with reports Brazilian miners took 20 ships, or more, for August positions |
06/08/2018 UASC sues WFS alleging off-spec bunkers Dubai-based shipowner United Arab Shipping Company (UASC) has filed suit against Miami-based marine fuels provider World Fuels Services (WFS) seeking | 06/08/2018 MABUX says bunker prices may turn into a phase of irregular changes next week It was mostly a quiet week for world oil indexes. Geopolitical tensions threatened both Iranian and Saudi Arabian oil, but |
06/08/2018 Oman Shipping Reports Rapid Growth For New VLCC Chartering Desk A new commercial chartering desk set up by Oman Shipping Company (OSC) has secured more than 100 fixtures with world’s | 06/08/2018 Thun Tankers adds niche port max sized tanker – increases partnership with Wisby Tankers We are pleased to announce that Thun Tankers will strengthen the existing fleet with m/t Wisby Teak. The Wisby Tanker |
06/08/2018 Saudi Arabia to resume oil exports through Red Sea lane Top oil exporter Saudi Arabia said on Saturday it would resume all oil shipments through the strategic Red Sea shipping | 06/08/2018 Sulphur cap regulation to squeeze Nigerian shippers by N1.8trn The new International Maritime Organisation (IMO) decision to lower its global marine fuel sulphur limit to 0.5 percent in 2020 |
06/08/2018 DP World: Media Statement on Djibouti’s Doraleh Container Terminal: “Djibouti does not recognise the international rule The recent statement by the Djibouti government states that it does not acknowledge the decision of the London Court of | 06/08/2018 Sinopec Is Said to Delay U.S. Oil Purchases Amid Tariff Concerns China's largest refiner, Sinopec, will hold off on buying U.S. crude as an escalating trade war between Beijing and Washington |
06/08/2018 Oil market braces for ‘a major supply shock’ — and it could propel crude prices skywards, analysts say Oil prices could soon rally above $90 a barrel amid growing concerns over the prospect of steep declines in Iranian | 06/08/2018 GLOBAL LNG-Asian prices climb as Japan swelters Asian spot liquefied natural gas (LNG) prices rose for a second consecutive week as sizzling high temperatures continued to grip |
06/08/2018 Nigeria: NPA to Open Eastern Ports With N1 Billion Investment – Usman The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman, has expressed the agency’s willingness to open up | 06/08/2018 India plans to set up LNG terminal in Myanmar India is planning to set up a liquefied natural gas (LNG) import terminal in Myanmar as it looks to expand |