Judge orders mediation for security over Oaktree-linked LR2 tanker under Australia arrest
Australian fuel oil trader is seeking $41m over a diesel cargo it claims arrived in a contaminated state
May 2022
MR tanker period charters gain 35% in three months
Russia-led trade disruption that has seen spot rates gain 345% this year is now spilling over to longer-term time charters
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MR tanker period charters gain 35% in three months Read More »
Clarksons says ‘impressive’ tanker comeback leaves rates nearly double 10-year average
Broker’s research division details big jumps in earnings since February
Clarksons says ‘impressive’ tanker comeback leaves rates nearly double 10-year average Read More »
Latvia’s Virši to buy Skulte LNG Terminal stake
Virši has signed an agreement with Skulte LNG terminal to buy 20 per cent of its shares and announced plans to jointly develop an LNG terminal at the port of Skulte.
The post Latvia’s Virši to buy Skulte LNG Terminal stake appeared first on Offsh…
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New Fuel Additive from NYK, Nippon Yuka Kogyo aims to reduce Sludge in VLSFO
NYK and Nippon Yuka Kogyo Co., Ltd., an NYK Group company, have jointly developed a new fuel-oil additive effective in dispersing sludge and reducing fuel consumption in VLSFO.NYK and Nippon Yuka Kogyo have been investigating the properties…
New Fuel Additive from NYK, Nippon Yuka Kogyo aims to reduce Sludge in VLSFO Read More »