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Analysts See Oil's Recent Sell-off as 'Overdone'
May 8, 2023 ... head of commodity strategy at Saxo Bank, to view the commodity's recent drastic selloff as excessive. He said, "An oversold market condition combined with Brent managing to find support ...
Oilmar Appoints Chief Operating Officer
May 4, 2023 ... had the title head of business, running the firm's bunker trading desk. "I couldn't be more excited to usher into the next phase of Oilmar's growth and the team's development," he said in a ...
Rotterdam Q1 Bunker Sales Drop to Lowest Level Since Q2 2022
May 3, 2023 ... on Wednesday, up by 5.8% on the year but down by 5.3% from the previous quarter. This figure excludes biofuel blends, LNG, methanol and lubricants. VLSFO sales gained 5.8% on the year to ...
Law Firm AxiomDWFM Buys Ince
May 1, 2023 ... for which it has been known," Ince said in the statement. "It will allow Ince & Co.'s exceptional lawyers to reinforce the firm's reputation in key sectors such as shipping & energy, ...
Nor-Shipping 2023 to Include Summit on Ship Autonomy and Sustainability
Apr 27, 2023 ... commercial applications come to fruition and demonstrate huge potential. "We're at a genuinely exciting stage on the journey, and this summit will explore that – with an up-to-date status of ...
Maersk Invests in Danish Biofuel Firm
Apr 27, 2023 ... companies on the path towards commercial scale. "Kvasir is a prime example of this, and we are excited to join them on this ...
Oil Plummets As Traders Fully Succumb To Demand Fears
Apr 26, 2023 ... enjoyed a crude inventory decline of 5.1 million barrels to 460.9 million barrels, far exceeding expectations for a 1.5 million draw. Brent settled down $3.08, or 3.8 percent, at $77.69 ...
VIEWPOINT: CII is Here – But Misperceptions Persist
Apr 26, 2023 ... It's no wonder people are still trying to sort through the implications. But that process is exciting. We're living during a time when the shipping industry is modernizing faster than any time ...
Vopak Sees Strong Demand for Oil Products Storage
Apr 26, 2023 ... expected its adjusted earnings before interest, taxes, depreciation and amortisation to exceed EUR 950 million ($1.04 billion) this year. It had previously forecast an annual EBITDA of ...
SGTraDex Use to Be Rolled Out to Ship Supplies Next Month
Apr 26, 2023 ... use of the Singapore Trade Data Exchange (SGTraDex) to bring digitalised transparency to supply chains is set to be extended to ship supplies and lighterage next month. Followi8ng a pilot ...