Damen Shipyards Group and Compagnie Maritime Monégasque (CMM) announced a two-year offshore support contract for Damen Fast Crew Supplier (FCS) 7011 Aqua Helix. The vessel will transport personnel to and from offshore platforms in support of an oil and…
Aqua Helix Gets Two-year Contract Offshore Brazil Read More »
Products that sell at a premium to crude will be capped at $100 per barrel, while those that sell at a discount will be limited to $45 per barrel
G7 and Australia set two-tier Russian oil product price cap Read More »
The shift in seaborne crude oil volumes was rather obvious during 2022, with the surge of exports from Saudi Arabia quite notable. In its latest weekly report, shipbroker Banchero Costa said that “2022 has turned out to be a very positive year for crud…
Tankers: Saudi Arabia’s Seaborne Crude Oil Exports Up 17.2% in 2022 Read More »
McQuilling Services is pleased to announce the release of its 26th anniversary edition, 2023-2027 Tanker Market Outlook. This 168-page report provides a detailed analysis of oil fundamentals, global economic and geopolitical context in addition to tank…
McQuilling: Tanker Earnings To Improve Over the 2024-25 Period Read More »
Shipping companies should be looking at carbon strategies – both compulsory and voluntary – today as impactful legislation is fast approaching. That was the message from a joint Baltic Exchange-Institute of Chartered Shipbrokers webinar, where expert s…
Start thinking about carbon strategies today Read More »