A surge in final investment decisions (FIDs) this year on new petroleum projects worldwide could see sanctioned volumes of oil and gas – excluding shale and tight oil and gas prospects – nearly triple compared to last year’s tally.The collective…
Oil and Gas Projects to Triple in 2019 Read More »
The number of Maersk vessels experiencing delay at APM Terminals at Maasvlakte II as a consequence of bunker activities reduced significantly during a Pronto pilot.The involved parties explain how real-time insight into each other’s scheduling…
Pronto Reduces Bunker Delays Read More »
Singapore offshore vessel operator plans increased focus on subsea and offshore renewables in 2019.
Fewer impairments stem the red ink at POSH Read More »
While a scenario under which, oil prices are elevated, is bearish for tanker prospects in the long run, it’s expected that, at least in the short-term, demand will be supported, thanks to elevated crude runs from new refineries coming online. In its la…
Tanker Demand Will Be Supported in The Near Term Claims Shipbroker Read More »
Capesize Gloom continued to beset the market for the big ships, with Dalian port last week imposing a ban on Australian coal imports and capping coal imports from all sources by the end of 2019 at 12 million tonnes. It was also another week with Vale a…
Dry Bulk Market: Capesizes Still Under Pressure, on Dalian’s Australian Coal Import Ban Read More »