Asian bulker operators shed older tonnage onto recyclers
ITC Corp, Fuhai Shipping and Lila Global send bulkers for demolition as scrap prices stabilise
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January 2023
Chevron to Send 500,000-barrel Cargo of Venezuelan Oil to Its Pascagoula Refinery
U.S. oil producer Chevron Corp plans to export this month its first cargo of Venezuelan crude to its Pascagoula, Mississippi refinery following a U.S. license granted last year, according to shipping documents seen by Reuters on Tuesday.The 500…
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St. Johns Ship Building Names Ken Gentle VP of Repair
Palatka, Fla. shipbuilder St. Johns Ship Building on Tuesday announced it has appointed Ken Gentle to the position of vice president of repair.Gentle, who brings to the role more than 40 years of experience in marine repair, will lead the shipyard’s…
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China’s Crude Oil Imports Retreated During 2022
Crude oil imports into China were down 4.6% year-on-year during the first 11 months of 2022. In its latest weekly report, shipbroker Banchero Costa said that “2022 has turned out to be a very positive year for crude oil trade, despite the surging oil p…
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From coal to renewables – lessons to learn from a total transformation
Since the end of 2020, Scorpio Bulkers has been gradually disposing of its dry bulk vessels. In the world of entertainment, this would have been classed an extreme makeover. Why did your company reinvent itself as Eneti? There were several factors that…
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