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Japanese Firms Plan Ammonia-Fuelled Tugboat
May 26, 2022 ... develop an ammonia-fuelled tugboat for the port of Yokohama. NYK Line, IHI Power Systems and ClassNK have signed a memorandum of understanding with the City of Yokohama for the planned vessel to ...
Another U.S. Stock Draw Causes Oil Price Boost, But Numbers Are Deceiving
May 25, 2022 ... Meanwhile, Aramco's chief reiterates that the global market is balanced. ...
Maersk: Our Methanol Demand Could Reach 6 Million MT/Year by 2030
May 25, 2022 ... fleet will grow by then, it will be something like five to six million tonnes of something that doesn't exist today," Christiansen said. Of that 25% green fuels by 2030 target for its fleet, the ...
Oil Mixed As Washington Declares Another SPR Sale
May 24, 2022 ... oil “seems unlikely to move ahead during next week’s leaders summit in Brussels” and “doesn’t seem to be in the cards before next month, as we’re told Budapest’s position appears to ...
Oil Sinks Again As U.S. Refiners Pump All Out And China Promises Lockdown Easement
May 18, 2022 ... to a pipeline pumping Russian crude from the other side of the Ural mountains and controlled by ...
Oil Prices Flip Flop As Traders Weigh Fears of China's Lockdowns Against Supply Tightness
May 16, 2022 ... for Bahrein, added, "There's no new capacity coming….even if you produce more crude there isn't demand for it, there aren't any more refineries." As for the China lockdowns that caused ...
Oil Dips Below $100 As Recession Fears Grip Traders
May 10, 2022 ... risks.” He added that the recent pullback should have encouraged another round of buying but hasn’t to date – a possible indication of a new, lower price range whereby crude meets resistance ...
Oil Prices Rise Again As Supply Worries Escalate And OPEC Maintains Course
May 5, 2022 ... surprising that volatility has been injected back into the oil price. “That said, the market hasn’t fully priced in the EU ban on Russian oil, with a final vote still pending, so losses in the ...
Oil Prices Enjoy Modest Rise As Analysts Worry About Demand Reduction And Tight Supply
May 2, 2022 ... Citigroup, told media that China oil demand is down more than 1 million bpd year-to-date and "doesn't look like that's going to come back anytime soon"; he added that gasoline consumption in the ...
S&B ANALYSIS: WFS Q1 Bunker Margins Surge to Most Since IMO 2020 Transition
Apr 29, 2022 ... us a greater chance to win on the back of our global scale and strong balance sheet. "This isn't the first time we've seen that." Don't Mention the War No mention was made on Thursday's ...
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TransMontaigne Leases Back Miami Bunker Storage Facility After $180 Million Sale

TransMontaigne Leases Back Miami Bunker Storage Facility After $180 Million Sale

The company will continue to operate the Fisher Island site under a sale-leaseback agreement.

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HGK Shipping Names Diesel-Electric Ship in Rotterdam

HGK Shipping Names Diesel-Electric Ship in Rotterdam

The new vessel will operate under long-term charter with LyondellBasell.

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US Warns of Visa Restrictions and Sanctions for Countries Backing IMO 2028 Deal

US Warns of Visa Restrictions and Sanctions for Countries Backing IMO 2028 Deal

The US has been a longstanding opponent of the IMO 2028 deal, and has repeatedly threatened reprisals against countries supporting it.

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