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Monday, 03 February 2020 | 01:25
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Tanker Market Under Pressure This Week

03/02/2020

VLCC
The market in the Middle East tumbled this week, with most of the blame laying with the Chinese New Year holiday and the outbreak of the Coronavirus. Added to this, oil and bunker prices have fallen, which has increased

NYK Examines Concept of Using Ammonia as Marine Fuel

03/02/2020

At the first symposium of the Green Ammonia Consortium (GAC)* on January 22, NYK presented its approach of using ammonia as marine fuel for zero-emission ships.

Ammonia does not emit carbon dioxide (CO2) when it is heated and would thus be

03/02/2020
The tanker market had a positive 2019 and 2020 was shaping up to be equally good, but the latest developments
03/02/2020
Shipping companies may face delivery delays of vessels fitted with exhaust gas filtering equipment that complies with anti-pollution rules that
03/02/2020
The coronavirus outbreak centered in China continues to worsen. Over 7,800 cases have been reported — already exceeding the 2002-03
03/02/2020
Growth in overall port traffic between April 2019 and December 2019 remained around one per cent, said the Economic Survey
03/02/2020
Investors are in for what could be a volatile year for crude oil prices, with a trio of catalysts tugging
03/02/2020
Asian spot prices for liquefied natural gas (LNG) fell this week as the heavily oversupplied market was pressured by concerns
03/02/2020
Oil prices will remain supported near current levels this year as persistent geo-political risks and OPEC-led output curbs help offset
03/02/2020
OPEC and non-OPEC’s Joint Technical Committee (JTC) has scheduled a meeting over Feb. 4-5 in Vienna to assess the impact
03/02/2020
The Ghana Ports and Harbours Authority (GPHA) has commissioned three new tugboats capable of handling vessels carrying 20,000 twenty-footer equivalent
03/02/2020
Lighterage ship shortages are hampering maritime trade, making slow the loading and unloading of goods from mother vessels for the
03/02/2020
This month we are taking you to Slovenia's only commercial port, the Port of Koper. In what follows, Mr. Dimitrij
03/02/2020
A poor grain harvest and a drop-off in dry-bulk cargoes at the Port of Toledo were mostly offset by surging
03/02/2020
Kuwait and Saudi Arabia have started preparation work to resume crude oil production from the al-Khafji oilfield jointly operated by
03/02/2020
Libya has seen its oil production slashed by 75% in just one week as warring factions within the country attempt
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