29/08/2018 Newbuilding Activity Limited But Expected to Revive Soon As the summer lull nears its end, market participants expect the newbuilding ordering activity to pick up. In its latest | 29/08/2018 Organising the switch to low sulphur fuel The International Maritime Organization’s (IMO) decision to implement a 0.50 per cent cap on sulphur emissions has created uncertainty amongst |
29/08/2018 Gunvor halts Rotterdam refinery upgrade for new shipping fuels Global energy trader Gunvor Group has put on hold plans to upgrade its Rotterdam refinery that intended to make the | 29/08/2018 After summer of discontent, China’s teapot refineries ramp up oil imports China’s independent refiners have ramped up their foreign oil buying after returning from prolonged summer maintenance to gear up for |
29/08/2018 Flex LNG Ltd. Expects LNG Shipping Freight Market Rates to Rise on Limited Supply and Increased Demand Flex LNG Limited., an emerging leader in the Liquefied Natural Gas (“LNG”) shipping, reports unaudited results for the three and | 29/08/2018 Freight fuel market moves back towards balance The market for freight fuels is moving close to balance, after tightening significantly in 2017 and the first quarter of |
29/08/2018 Dubai joins elite top five hubs in latest International Shipping Centre Development Index Dubai has reached a new milestone in its strategy for leadership in the international maritime sector after being selected as | 29/08/2018 Sanctions unlikely to stop Iran oil exports completely – Saudi adviser Current U.S. sanctions on Iran are unlikely to stop Iranian oil exports completely, a long-time adviser at Saudi Arabia’s Energy |
29/08/2018 NAPA Brings Digital Logbooks Within Reach of More Ships NAPA, the leading maritime software, services and data analysis provider, yesterday announced that its industry-benchmark electronic logbook, NAPA Logbook, is | 29/08/2018 Iran oil exports set to drop in Aug ahead of U.S. sanctions – data Iran’s crude oil and condensate exports in August are set to drop below 70 million barrels for the first time |
29/08/2018 Gibdock completes complex ballast water treatment system retrofit Now that the IMO's Ballast Water Management Convention has entered into force, more shipowners than ever before are actively looking | 29/08/2018 Bank DNB sees more limited restructuring ahead for oil industry DNB, Norway’s largest bank and a major lender to the oil and gas industry, expects more restructuring in the sector |
29/08/2018 Permian pipeline constraint stalls growth, deferring US$1.4 billion in completion spend The world’s most important oil growth region – the Permian Basin – will experience a setback with 345 completions likely | 29/08/2018 Russia’s Surgutneftegaz sells Oct ESPO crude at highest premiums in 5 mths -sources Russian oil producer Surgutneftegaz has sold five cargoes of ESPO Blend crude loading in October at the highest premiums in |