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Crude Posts 4th Week of Gain Amid Asian Signs of "Healthy" Price Correction
Jan 12, 2018 ... look at any kind of momentum indicator, this is telling you this is way overbought." The most obvious sign a correction is forthcoming came to light on Friday, with reports that China, by far ...
Industry Insight: Viability of Scrubbers for Different Type of Vessels
Jan 10, 2018 ... weight saved. If the vessel is owned and operated by the same party, fitting a scrubber is an obvious choice. The same applies if the vessel is on a long-term charter or bare boat charter. ...
Monster Crude Draw Causes Prices to Skyrocket Despite Forecast that U.S. Production Will Match Saudi Arabia, Russia
Jan 9, 2018 ... "Despite the EIA's forecast for record oil production this year and next year again, there's obviously still very healthy demand for crude," said Kyle Cooper, director of research at IAF ...
Wärtsilä and MHI-MME Partner to Boost Ship Power and Propulsion
Dec 14, 2017 ... Peter Rogers, Director of Power Conversion at Wärtsilä Marine Solutions. "This will produce obvious benefits for ship owners and operators, and we are proud to be cooperating with Mitsubishi ...
Industry Insight: The Shipping and Bunker Industries' Resistance to Change
Dec 8, 2017 ... are 'perceive' and 'threat'. This threat need not be real or large for resistance to occur. The obvious 'threat' in this case is people losing their jobs, companies losing their relevance or their ...
MAN Marks 100,000 Operating Hours for Two Dual-Fuel Engines
Dec 6, 2017 ... Cattley, Technical Manager of Projects at Teekay Gas. "When the first ship came into service, obviously there were teething issues. There's always a risk involved with new technology but we also ...
Mixed Messages Over OPEC Oil Extension Sends Crude Prices South
Nov 29, 2017 ... of petroleum resources for Nigeria, told reporters, "I think we left that meeting fairly aligned; obviously we need to bring in the bigger body tomorrow to look over our recommendations that have ...
Gulf Petrochem Expands with African Trading Desk
Nov 23, 2017 ... Africa, while Nell and Nell will both work as Bunker Traders for South Africa in GP Global ARA BV. "The addition of a dedicated Southern Africa and Sub-Saharan Africa Trading Desk will further ...
Bunker One: A New Direction for Bunker Trading or a Natural Step Towards the Inevitable?
Nov 23, 2017 ... to earlier last week had not heard of Bunker One suggests the selection process might not be as obvious as it might seem. "The metrics used to identify your top customers are complicated and ...
WinGD X-DF Engines to Power CMA CGM's LNG-Fuelled 22,000 TEU Box Ships
Nov 14, 2017 ... said Ludovic Gérard, Vice President of Owned Fleet of CMA CGM. Last week, Bureau Veritas (BV) announced that it will be responsible for the classification of CMA CGM new LNG-powered ...