13/02/2020 Demolition Market Under Pressure as Rates Fall The current freight rate crisis across most markets could offer a solid opportunity for ship owners to sell some of | 13/02/2020 LNG-Fuelled Ships on Order Rise By 50% in 12 Months Says SEA\LNG Now that we have passed 1st January 2020, the much anticipated global sulphur cap is finally a reality. The importance |
13/02/2020 Survey: Owners and charterers believe that voyage efficiency savings of 28% are possible A survey has found that shipping sees a vast potential reduction in fuel consumption. Responding to a survey by NAPA | 13/02/2020 Back to reality: low-sulphur fuel oil market falls from record highs Asia’s market for very low-sulphur fuel oil (VLSFO) has retreated from its record highs near the start of the year, |
13/02/2020 Saudi Arabia cuts March crude supply to some Asian buyers – sources The world’s top oil exporter Saudi Arabia has reduced crude supplies to some Asian buyers in March after refiners cut | 13/02/2020 Euronav: Acquisition Of Three VLCCS Under Construction Euronav NV announces it has entered into an agreement for the acquisition through resale of three VLCC newbuilding contracts. Key highlights • |
13/02/2020 Port call optimization solutions to reduce emissions start gaining industry traction With multiple pilot and roll out projects underway at leading world cargo ports such as Rotterdam, Antwerp, Hamburg and Los | 13/02/2020 OPEC Trims Oil Demand Growth The January OPEC Reference Basket (ORB) value ended $1.38, or 2.1%, lower, month-on-month (m-o-m), averaging $65.10/b. In January, ICE Brent |
13/02/2020 Gazprom hopes bulk of U.S. LNG flows to be diverted to China, not Europe Russian gas giant Gazprom hopes China rather than Europe will take the bulk of U.S. LNG volumes after a trade | 13/02/2020 Analysts cut China’s gas demand estimates as virus outbreak weighs Several analysts cut their gas demand forecasts for China, the world’s top gas importer, as the fast-spreading coronavirus outbreak is |
13/02/2020 Overtime cargo takes up 30% space at Lagos port As congestion at the Lagos ports continue, facts have emerged that more than 2,000 containers of overtime cargo littered in | 13/02/2020 Customs Brokers proffer solution to congestion at Lagos ports Customs Brokers under the aegis of National Council of Managing Directors of Licensed Customs Agents, NCMDLCA have called on the |
13/02/2020 Vopak announces share buyback program to return EUR 100 million to shareholders Yesterday, Vopak announces the start of a share buyback program to return EUR 100 million to shareholders following the completion | 13/02/2020 NOC oil output drops to 183,265 bpd Libya’s National Oil Corporation (NOC) said in a statement on Tuesday that its crude output had dropped to 183,265 barrels |