Archive News
| Date | Headline | Image |
|---|---|---|
Fri18Dec |
OPEC's November output of 31.17 million barrels per day was lead by Iraq and represents a 90,000 bpd increase over October, say Platts. |
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Fri18Dec |
New $500 million loan facilities signed up by Frontline Ltd. and Nordic American are seen helping boost profitability through lower costs. |
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Fri18Dec |
Huatai Insurance says that the other 10 "core" Chinese ECA ports have no current plans for at-berth regs ahead of new mandatary rules from Jan 1, 2017. |
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Fri18Dec |
Fuel oil prices in Asia have hit their lowest level since January 2005, as traders looked for big inflows of Western product over the coming months. |
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Thu17Dec |
Brent contracts for February delivery cooled 1.7% since yesterdays close settling at $37.06 per barrel. |
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Thu17Dec |
No oil spill has yet been reported after the freighter sunk following a collision with a chemical tanker in the Singapore Strait on Wednesday. |
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Thu17Dec |
An apparent deal by U.S. Congress to lift a longstanding ban on crude oil exports is unlikely to affect markets for two years, says ESAI. |
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Thu17Dec |
Proceeds will be used to fund the construction of oil storage and supporting facilities in Zhoushan, among other activities. |
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Thu17Dec |
The second half of the New Year will particularly favour Capesize and Supramax vessels. |
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Thu17Dec |
The nation's decision to halt fuel price cuts gives oil a price floor of $38. |
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Thu17Dec |
The Canadian company says it is working with service providers to provide delivery solutions from California to Alaska. |
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Thu17Dec |
The incentive programme will provide seagoing vessels that bunker LNG in Rotterdam with a 10 percent discount on gross seaport dues until 2020. |
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Thu17Dec |
In the wake of a landmark climate agreement in Paris, major players in the shipping sector have called for cohesive global targets on emissions. |
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Thu17Dec |
CMES has placed an order for four newbuild 308,000 DWT fuel efficient VLCCs, each with a $88million price tag. |
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Thu17Dec |
In a new report, FCBI Energy says the industry should expect methanol to move from ships' cargo holds to their fuel bunkers. |
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Thu17Dec |
The Baltic Dry index fell a further 2.7 percent Wednesday, marking yet another all-time low for the metric. |
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Wed16Dec |
API data on Tuesday signaled there would be a draw of 2.5 million barrels but DOE data showed a rise of 4.8 million barrels. |
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Wed16Dec |
IMO says it remains strongly committed to addressing emissions from shipping, despite exclusion of the industry from specific mention in a new UN agreement. |
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Wed16Dec |
A new proposal seeking to change fuel prices across Costa Rica could result in notably higher bunker prices, according to the local chamber of industry. |
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Wed16Dec |
The Klaipėda Regional Court initiated bankruptcy for the shipping company on Tuesday, a decision that comes into force 10 days after its adoption. |
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