21/04/2020 Negative $40 oil reflects panic – and U.S. crude market economic reality Traders desperate to avoid owning oil fled the markets on Monday, sending crude futures into negative territory for the first | 21/04/2020 Shipowners face perfect storm of rising opex as earnings fall The conclusion of the P&I renewal season and rising risk exposure from Covid-19 confirms that marine insurance costs are |
21/04/2020 The Registry Information Sharing Compact is a major step forward in sanctions enforcement On 21 February 2020 details were first published of an historic and unprecedented information-sharing agreement among the world’s three | 21/04/2020 Deadline approaches for new EU Ship Recycling Regulations New European ship recycling regulations enter into force at the end of the year – but the current tough market |
21/04/2020 Framo offers tailor-made TransRec oil skimmer solutions Framo has introduced a new cost-effective and customizable oil skimmer offering based on its well-proven TransRec platform. The new solution | 21/04/2020 The Commodities Feed: Negative WTI oil Energy It was an extraordinary day for oil markets yesterday, with the NYMEX WTI May contract trading into negative territory, |
21/04/2020 MMC Corp port unit plans to raise M1.9 billion sukuk Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), a unit of MMC Corp Bhd, is planning to raise RM1.9 billion from a | 21/04/2020 New Bunker Alert Service Available For BIMCO Members Bunker fuel is a key element in the running of ships, and problems related to bunkers can massively impact daily |
21/04/2020 Tanker stocks surge as global oil market collapses Just when you think the markets cannot possibly get any crazier, the NYMEX WTI May crude futures contract closed on | 21/04/2020 Coronavirus havoc is drowning out China’s failure to buy U.S. crude, LNG, coal Lost among the havoc being wreaked on crude oil markets by the new coronavirus crushing the world economy is the |
21/04/2020 Wärtsilä’s Interim Financial Report January–March 2020 HIGHLIGHTS OF THE REVIEW PERIOD JANUARY–MARCH 2020 • Order intake decreased by 12% to EUR 1,247 million (1,416) • Order book | 21/04/2020 BIO-UV Group’s BWTS Technology Adapted To Kill Coronavirus On Surfaces The ultra-violet light technology used to kill the invasive species found in ships’ ballast water tanks can be used to |
21/04/2020 FSL Trust’s Newbuildings Construction Progressing Smoothly FSL Trust Management Pte. Ltd., in its capacity as trustee-manager of First Ship Lease Trust, is pleased to announce the | 21/04/2020 UK GAS-Prompt prices continue to decline amid low demand, strong LNG supply Prompt British wholesale gas prices fell on Tuesday morning, extending losses from the previous day, amid low demand and oversupply. * |