Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a long-term time charter contract with Mercuria Energy Trading S.A.
Performance Shipping Contracts with Mercuria for Newbuild Tanker Read More »
A spike in crude oil prices and tweaks to ships’ regular routes are some of the key indicators of uncertainty enveloping energy and shipping markets in the wake of Israel’s attack on Iran, as both countries turn off their giant offshore hydrocarbon pro…
Danske Commodities CEO Helle Ostergaard Kristiansen will step down to become head of the gas and power unit of parent group Equinor, the trading house said on Tuesday.Danske Commodities’ Chief Financial Officer Jakob Sorensen, who joined the company 20…
Equinor Announces Shifts in Leadership Read More »
Stricter environmental regulations and slower global economic growth will soften marine fuel demand in the coming years, the International Energy Agency said in its annual report on Tuesday.Marine fuel sales jumped last year due to Red Sea disruptions…
Tighter Emissions Regulations, Slower Economy to Soften Marine Fuel Demand Read More »
Marine fuel sales at the United Arab Emirates’ Fujairah port hit a three-month low in May, data showed, while market sources said they are monitoring the situation in June as conflict flares between Israel and Iran, heightening regional tensions.
Marine Fuel Sales at Fujairah Port Hit Three-Month Low Read More »