Hess Corp on Thursday said drilling results expected this month could add a seventh platform in Guyana, which would lift the nascent oil producing nation’s output above the 1.2 million barrels of oil equivalent per day planned.The U.S. oil producer…
Hess Signals Guyana’s Seventh Oil Platform Read More »
Deutsche Bank says investors would be smart to start buying Euronav stock in anticipation of the inevitable
All noise aside, Frontline-Euronav combination set to get done this quarter Read More »
2023 has began with most experts expecting a mixed bag for the various shipping segments. In its latest report, shipbroker Intermodal said that “the United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December…
Will 2023 be the “Mixed Bag” Everyone’s Expecting For Shipping? Read More »
We gave carriers too much credit by thinking they would proactively manage capacity. A deep-seated instinct to preserve volumes has kicked in, leaving carriers without control of the market, says Drewry in its latest Container Forecaster report. Up unt…
Drewry Container Forecaster: Old habits die hard Read More »
Xeneta team wishes you a very happy new year! Before we dive into current market developments in 2023, this week’s blog looks back at the spot and long-term rates development on the three biggest fronthaul and backhaul trade lanes. The three larg…
Xeneta: Spot and long-term rates development on major trade lanes Read More »