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Oil Mixed As China Protests Eclipsed By OPEC Rumours
Nov 29, 2022 ... ability to sell crude — which is contributing to the drop in oil prices — or put its buyers in an uncomfortable position.” For its part, Deutsche Bank analysts said Monday that they ...
VIEWPOINT: The Myth of Cheap Bunkers
Nov 28, 2022 ... of how business should be conducted -- especially on the bunkers side of shipping. Bunker buyers, without exception, are always looking for cheap bunkers, and this mindset needs to change as ...
TMC Compressors Working on Boxship LNG Propulsion Retrofit in China
Nov 28, 2022 ... for the ship, it said in an emailed statement on Monday. The 3,600 TEU boxship Daniel K. Inouye, owned by Matson Navigation, is being converted at a Chinese yard to run on natural gas. C-LNG ...
Cap Negotiation Woes Keep Oil Prices Down As China Continues It Zero Tolerance Lockdowns
Nov 24, 2022 ... is not in fact a price cap: [a] price cap at 275 euro is not a price cap, nobody can stand buying gas at this expensive price for a long time…we surely believe that the price cap below 200 ...
IBIA CONVENTION: Boxship Bunker Demand 'Down 20% on Year'
Nov 22, 2022 ... down 20%." Holm said inflation was the main driver for weaker boxship demand. "People aren't buying enough stuff at Walmart," he said. "I think ultimately it comes back to inflation." AP ...
Options on Table to Keep Refinery in Italy Afloat
Nov 18, 2022 ... could ask the EU "for an exemption, even temporary, to the embargo," to allow the government to buy time and keep the refinery afloat. However, the minister added that the first step would be ...
Bearish Sentiment Blossoms As Oil Prices Dip To Six Week Lows
Nov 17, 2022 ... been since March 2021, signalling demand concerns are real and investors should be cautious when buying the dip." Phil Flynn, senior market analyst at Price Futures Group Inc., noted, "The market ...
ExxonMobil Latest Player to Tout Bio-based Bunker Delivery in Singapore
Nov 15, 2022 ... among those to highlight similar bio-bunker milestones in recent weeks. In that time bunker buyers including Orient Overseas Container Line Ltd. (OOCL) and Hapag Lloyd have been equally ...
VPS Launches Biofuels Protection Service
Nov 14, 2022 ... The new service, APS-BIO, helps customers to ensure asset protection, operational efficiency and legislative compliance while using biofuels. ...
Performance Shipping Takes Delivery of Scrubber-Equipped Tanker
Nov 14, 2022 ... Aframax vessel. The firm has taken delivery of the 105,304 DWT P. Aliki after agreeing to buy it for $36.5 milllion in August, it said in a statement on its website last week. The ...