Offshore wind farms service provider has signed a long-term charter contract agreement with Ørsted, to deliver the world’s first hybrid powered Surface Effect Ship (SES) to Borssele 1 and 2 offshore wind farms.The agreement between Ørsted and CWind…
Orsted Chooses CWind Hybrid SES Read More »
The Port of Oakland is a major container ship facility located in Oakland, California, in the San Francisco Bay, said that its loaded container volume from January through September increased 3.1 percent compared to the same period in 2018.The Port sai…
Oakland Port Container Volume Up 3.1% YTD Read More »
Russian oil and gas company Gazprom Neft has established Gazpromneft Marine Lubricants, a new operating company with an office in Singapore.The new business will manage the sales and logistics network for the group’s marine lubricants in Southeast Asia…
Gazprom Neft Sets-up Lubes Shop in Singapore Read More »
World’s largest oil producer sees market share of imports head towards to 30%
Japan diversifies crude supplies away from Saudi Arabia Read More »
Ship financing has continued to retreat, now at its lowest level since the global financial crisis of 2008, said Petrofin Bank Research, in its latest annual survey. Some of its highlights are the following: – The Petrofin Index for Global Ship F…
Ship Financing Down to Its Lowest Level Since 2008 as Banks Continue to Exit the Sector Read More »