Tanker demolition at last picks up in ‘long overdue’ development
But trend could be halted by Opec+ output hike and lockdowns in Indian subcontinent
Tanker demolition at last picks up in ‘long overdue’ development Read More »
April 2021
Box growth data lays bare impact of pandemic
Latest container volume figures show a 16% jump in February, when factories across China remained closed to contain the spread…
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Suez fallout slows supply chain recovery
Box lines were already struggling with port congestion and inland haulage delays. The added disruption means any recovery will be…
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Lower rates expected for Qatar LNG shipping tender
Qatar Petroleum has also offered shorter fixed tenures for the very numerous tankers being tendered out
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Venezuela: FSO Nabarima Finally Offloads Crude, Paving Way for Offshore Field Output Restart
A floating facility off the Venezuelan coast has finished offloading crude stored in it for the past two years due to U.S. sanctions, paving the way for output to resume in an oilfield, an official of the facility’s operator said on Thursday.Operations…