03/05/2020 Floating storage of oil cargoes Due to a combination of circumstances there is now a worldwide shortage of storage space ashore for both unrefined | 03/05/2020 Shipping Market: Up, down, throw it all around Last week was about the news of collapsing oil prices, with WTI reaching negative prices, but the beginning of this |
03/05/2020 U.S. Charges Two Iranians Over Oil Tanker Purchase, Seeking $12 Million Forfeiture The U.S. on Friday charged two Iranians with violating U.S. sanctions on Iran by orchestrating a scheme to buy a | 03/05/2020 Gasum strengthens capacity to offer gas solutions for transport and industry in the Nordics – The acquisition of Linde A The Nordic energy company Gasum has closed the acquisition of Linde AG’s LNG and Biogas business in Sweden and Norway |
03/05/2020 WPSP COVID19 Port Economic Impact Barometer for Week 18 reports stabilization or slight improvements Of the seventy six ports surveyed across the globe in this week’s WPSP Port Economic Impact Barometer Report, the majority | 03/05/2020 Italian Port Activity reflects economic slowdown New data from HawkEye 360 shows that Italy's maritime activity in its ports dropped by half (51%) after the country-wide |
03/05/2020 Container shipping company ONE continues using PortXchange following successful trial in Rotterdam Following a successful trial using the port call optimisation tool PortXchange, container shipping company Ocean Network Express (ONE) will continue | 03/05/2020 Urals oil loadings from Baltic ports revised up to 4.7 mln T in May -traders Russia’s Urals crude loading plan from Baltic ports in May has been revised up by 0.4 million tonnes to 4.7 |
03/05/2020 India’s oil imports, product exports slow down in March India’s March crude oil imports rose at the slowest pace this year, while refined product exports also rose but at | 03/05/2020 Energy trader Mercuria sees early signs of oil market recovery Global oil markets are showing early signs of rebalancing after production cuts by OPEC and the United States, with the |
03/05/2020 Oil fund’s forced sales send WTI prices plunging again Front-month U.S. light crude oil futures prices slumped almost 25% yesterday, the second sharp tumble in a week, after the | 03/05/2020 India: Employees to feel the pinch as major port trusts take a hit from charge waivers Some of the Central government-owned major port trusts are weighing plans to introduce austerity measures targeting employees to tide over |
03/05/2020 Low prices and depressed demand impact global oil and gas pipeline sector, says GlobalData The global oil and gas pipeline sector is facing several headwinds such as fall in the oil and gas prices, | 03/05/2020 Biggest U.S. oil ETF may not be able to reflect crude spot prices The United States Oil Fund LP, the largest oil-focused exchange-traded product (ETP) in the country, said it may not be |