Dislocations in oil markets are dampening the outlook for light-heavy crude spreads and value US refiners expected from International Maritime Organization (IMO) 2020 emission standards but Canadian exploration and production (E&P) companies are be…
Oil Market Dislocations Reduce US Refiner IMO 2020 Benefit Read More »
Gard is known as one of the largest marine insurers in the world – and the market leader with perhaps the most challenging travel route to their headquarters. But as any visitor knows, once in Arendal, Gard’s home since their founding in 1907, the char…
Gard works from grass roots to serve a global industry Read More »
As if tanker owners needed another “headache”, after a torrid couple of years, shipbrokers now warn that the latest trade tensions could offset the anticipated market rebound during the second half of 2019. In its latest weekly report, shipbroker Allie…
Oil Tanker Demand Solid, But Trade Tensions Could Change That Read More »
Effective January 1, 2020, in accordance with a mandate from the International Maritime Organization (IMO), the allowable percentage of sulfur in marine fuel will fall substantially, from 3.5% to 0.5%. This looming change, known informally as IMO 2020,…
Just How Disruptive Will IMO 2020 Be? Read More »
Taiwan’s clean energy plan, low reliance on coal, uncertainty on the future of nuclear energy and rising electricity demand collectively signal higher LNG demand in the country. In Asia, even as China leads the charge towards becoming the largest LNG i…
Drewry: Taiwan’s LNG imports to grow; expect more long-term contracts Read More »