OPEC and allied oil producers, a group known as OPEC+, agreed on Thursday to cut output by 10 million barrels per day (bpd) in May and June to help prop up prices battered the coranavirus crisis, the group said in a statement.It said the cuts would be …
OPEC+ Confirms Agreement to Cut 10 Mln BPD in May, June Read More »
The International Chamber of Shipping (ICS) has issued new guidance to support the shipping industry in its essential role of ensuring essential goods and commodities, such as energy, food and medical supplies, can be carried to the world during the co…
ICS Issues Guidance on Managing Ship and Seafarer Certificates Amid COVID-19 Read More »
David Roodenburg is the third generation from the Roodenburg family to become CEO of the Netherlands-based equipment manufacturer Huisman.His father, Joop Roodenburg, is currently active as President after he appointed Theo Bruijninckx CEO in April 201…
David Roodenburg Takes Over as Huisman CEO Read More »
The tanker market has offered reason for respite for tanker owners amid the pandemic. In its latest weekly report, shipbroker Allied Shipbroking said that “with the first quarter of 2020 now firmly written in the books, it is worth examining what we ha…
Tankers a Silver Lining for Ship Owners Read More »
In March 2020, the US State and Treasury Departments announced sanctions against various Chinese companies for trading in Iranian petrochemicals. Among the targets were ship management company Aoxing Ship Management Shanghai Ltd and shipowner Sea Charm…
Sanctions In The Time Of Covid-19: Ongoing Risks For The Shipping Community Read More »