09/12/2019 Tankers: What About Long-Term Demand? The tanker market is looking towards the oil demand and supply for future direction. In its latest weekly report, shipbroker | 09/12/2019 A gloomy long-term outlook for product tanker market At the time when the product tanker market is gearing for a rise in freight rates after the implementation of |
09/12/2019 China iron ore port stocks fell for 2 weeks Inventories of iron ore across Chinese ports declined for a second straight week this week, as demand from the top | 09/12/2019 Asian LNG buyers target record low prices in watershed contract talks Asian liquefied natural gas (LNG) buyers are starting talks with producers to renew long-term contracts due to expire over the |
09/12/2019 Confidence level low on U.S. enforcement of IMO 2020 With just weeks remaining before the IMO 2020 low-sulfur fuel requirement goes into effect, domestic- and foreign-based shipowners trading in | 09/12/2019 Japan to halve tax on international cargo ships to attract more vessels Japan will halve the tax on international cargo ships from North America and Europe regularly entering ports in three major |
09/12/2019 The container terminal at the Port of Gothenburg to be fossil-free by 2020 A machine park completely run on renewable fuels, a doubling of rail-borne freight and optimising of loading and discharge operations. | 09/12/2019 Chinese Port Influence Overhyped, Says Drewry Global expansion and influence by Chinese port companies is not as significant as the hype that surrounds it, a maritime |
09/12/2019 China November crude oil imports hit record high as refiners race to use up quotas China’s crude oil imports hit a record high on a daily basis in November, as refiners operated at high run | 09/12/2019 BBVA Research releases U.S. Oil Prices Outlook BBVA Research released its U.S. Oil Prices Outlook, highlighting the expectation that oil production will expand further in 2020, though |
09/12/2019 GLOBAL LNG-Asian prices drop for second straight week on mild winter Asian spot prices for liquefied natural gas (LNG) dropped for a second consecutive week as supply flooded the market, overshadowing | 09/12/2019 IMO 2020 redefines oil market dynamics The disruptive International Marine Organisation (IMO) 2020 shipping fuel regulation has triggered a shift in oil market fundamentals, increasing the |
09/12/2019 OPEC’s Oil Surprise Came as Skeptics Were Doubting Price Rise Oil doubters got a surprise from Saudi Arabia on Friday: a pledge of deeper production cuts that sent futures surging | 09/12/2019 Vizag port going great guns Beating the economy slowdown and adverse market conditions, the Visakhapatnam Port Trust has recorded 10% growth rate, the highest among |