A fire on the ocean surface west of Mexico’s Yucatan peninsula early on Friday has been extinguished, state oil company Pemex said, blaming a gas leak from an underwater pipeline for sparking the blaze captured in videos that went viral.Bright…
VIDEO: ‘Eye of fire’ Near Offshore Platform in Mexico Extinguished Read More »
The seaborne coal trade has been one of the few “dark horses” of the dry bulk market over the past couple of years. In a recent analysis, shipbroker Banchero Costa commented that “2020 proved to be a truly terrible year for global seaborne coal trade. …
Dry Bulk Market: China’s Coal Imports Keep Retreating in 2021 Read More »
Industry coalition SEA-LNG believes that greater understanding around the comparative pricing, vessel performance and procurement of marine fuels is required to avoid costly mistakes as companies plan their decarbonisation pathway. The statement comes …
In BP Oil International Limited v. (1) Vega Petroleum Limited & (2) Dover Investments Limited [2021] EWHC 1364 (Comm), the Court held that what was stated expressly and clearly to be an FOB sale contract for crude oil was just such a contract and t…
Where’s my crude oil? Read More »
K-Sim Navigation, Cargo and Engine become first cloud-based solutions to gain new DNV class D certificationKongsberg Digital (KDI) said that its K-Sim Engine, K-Sim Cargo and K-Sim Navigation simulator training solutions will be the first to…
Tech File: K-Sim Navigation, Cargo and Engine ‘in the Cloud’ Read More »