Trafigura and Vitol seek crude price cuts as tanker rates surge
Reuters reports traders trying to pay less for Venezuelan oil due to record freight costs
Trafigura and Vitol seek crude price cuts as tanker rates surge Read More »
Hormuz irrelevant as NAT boss Hansson predicts tanker boom to last
Norwegian executive says closing or opening of strait will not hit demand for his suezmaxes
Hormuz irrelevant as NAT boss Hansson predicts tanker boom to last Read More »
Perenco on offshore platform electrification quest to power Brazil’s shallow-water fields from shore
In a bid to strike a balance between maximizing asset longevity and curbing greenhouse gas (GHG) emissions, Perenco Brasil, a subsidiary of Anglo-French oil and gas player Perenco, is joining forces with Porto do Açu to bring shore power directly to it…
Trafigura tipped as buyer of second VLCC resale from Thanassis Laskaridis
Transaction highlights outsize impact of delivery place and time on S&P negotiations and prices
Trafigura tipped as buyer of second VLCC resale from Thanassis Laskaridis Read More »
Supply Pressurei in Container Vessel Sector
“Disruptions and strong growth in head-haul trades continue to support the container shipping market in 2026, but accelerating fleet growth could weaken the supply/demand balance in 2027,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.BIMCO con…
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