The IMO will open its seventh Regional Presence Office (RPO), in Suva, Fiji, after IMO Secretary-General, Arsenio Dominguez, and Fiji Minister for Transport, Ro Filipe Tuisawau, signed a Memorandum of Understanding on March 18.The Regional Presence…
IMO to Open Regional Office in Fiji Read More »
With the conclusion of week 11, the ongoing and seemingly endless dearth in the supply of viable candidates has been mercifully keeping the Bangladeshi and Pakistani ship recycling markets steady, reports cash buyer GMS.“On the other hand, the…
Bangladesh and Pakistan Ship Recycling Markets Remain Steady Read More »
Exxon Mobil CEO Darren Woods on Monday said his company is trying to establish it has rights over Hess Corp’s Guyana assets in its dispute with Chevron, not buy the company itself.In his first public remarks on the company’s pursuit of an arbitration…
CEO Says Exxon Mobil Not Trying to Buy Hess Read More »
The product tanker market could be line for some shift in cargo flows, as new refineries enter the foray. In its latest weekly report, shipbroker Gibson said that “refining margins across the world surged to record levels in 2022, following Russia’s in…
Product Tanker Market: Cargo Demand Could Shift to New Markets Read More »
It has been “quite a year” for ship owners preparing for the EU Emission Trading System, according to Steve Laybourn, chartering manager at Ardmore Shipping. Describing the preparation as a “bit of a rollercoaster ride”, Laybourn urged laggards to move…
ETS: ‘Quite a year’ for ship owners Read More »