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Monday, 09 December 2019 | 00:58
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Tankers: Mixed Emotions for the VLCC Market

09/12/2019

VLCC
Middle East Gulf rates came under persistent downward pressure early on, although by the end of the week, owners were pushing back. The market for the 270,000mt Middle East Gulf to China dipped to low WS90s, but is now

MSC Mediterranean Shipping becomes first major shipping line to use 30% biofuel blends

09/12/2019

MSC Mediterranean Shipping Company (MSC) is pleased to announce that the company is now starting to use biofuel in its vessels calling in Rotterdam, the Netherlands.

Following successful trials with biofuel blends earlier this year, MSC has decided to continue bunkering

09/12/2019
The tanker market is looking towards the oil demand and supply for future direction. In its latest weekly report, shipbroker
09/12/2019
At the time when the product tanker market is gearing for a rise in freight rates after the implementation of
09/12/2019
Inventories of iron ore across Chinese ports declined for a second straight week this week, as demand from the top
09/12/2019
Asian liquefied natural gas (LNG) buyers are starting talks with producers to renew long-term contracts due to expire over the
09/12/2019
With just weeks remaining before the IMO 2020 low-sulfur fuel requirement goes into effect, domestic- and foreign-based shipowners trading in
09/12/2019
Japan will halve the tax on international cargo ships from North America and Europe regularly entering ports in three major
09/12/2019
A machine park completely run on renewable fuels, a doubling of rail-borne freight and optimising of loading and discharge operations.
09/12/2019
Global expansion and influence by Chinese port companies is not as significant as the hype that surrounds it, a maritime
09/12/2019
China’s crude oil imports hit a record high on a daily basis in November, as refiners operated at high run
09/12/2019
BBVA Research released its U.S. Oil Prices Outlook, highlighting the expectation that oil production will expand further in 2020, though
09/12/2019
Asian spot prices for liquefied natural gas (LNG) dropped for a second consecutive week as supply flooded the market, overshadowing
09/12/2019
The disruptive International Marine Organisation (IMO) 2020 shipping fuel regulation has triggered a shift in oil market fundamentals, increasing the
09/12/2019
Oil doubters got a surprise from Saudi Arabia on Friday: a pledge of deeper production cuts that sent futures surging
09/12/2019
Beating the economy slowdown and adverse market conditions, the Visakhapatnam Port Trust has recorded 10% growth rate, the highest among
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