Oceaneering International, Inc. announced that its UK subsidiary, Oceaneering International Services Limited, has secured multiple contracts for decommissioning, inspection, subsea preparation, and installation support services in the U.K. sector of th…
Oceaneering Reports Multiple UK North Sea Contract Wins Read More »
Last month’s CrowdStrike IT outage that grounded scores of flights created new problems for California’s fuel market, forcing U.S. traders to store jet fuel destined for the state on waterborne tankers, storage broker The Tank Tiger told Reuters…
Jet Fuel Was Stored on Ships During July’s Global IT Outage Read More »
Supply/Demand balance Despite weaker cargo volumes during the first half for both the crude and product tanker markets, we forecast a recovery during the second half and that both markets on average will see a stronger 2024 than 2023. Muted fleet and s…
Tanker Shipping Market Overview & Outlook August 2024 Read More »
The world’s major boxship builders have booked record numbers of contracts in recent months and the scale of ordering shows no sign of slowing down. Prices continue to climb and the largest 24,000TEU vessels now command prices of more than $260 million…
Laying out the cards on LNG as a liner option Read More »
OceanScore has identified tangible savings on the cost of compliance with FuelEU Maritime that can be made through burning biofuels to generate surpluses for vessel pooling and thereby capture financial gains from overcompliance with carbon intensity r…