13/03/2020 Shipping number of the week: Oil prices suddenly drop 24% – a boon to the oil tanker shipping industry? Earnings will go up as fuel costs go down. Will we also see an evaporation of slow steaming and | 13/03/2020 Booking frenzy sends tanker rates soaring as OPEC opens oil taps The cost to transport oil on supertankers soared on Thursday as major producers scrambled to secure vessels to ship more |
13/03/2020 IMO Headquarters closed as precaution The IMO Headquarters building is closed to visitors and staff, on Thursday 12 and Friday 13 March, as a precautionary | 13/03/2020 ECSA fully welcomes the Ministerial Declaration on Waterborne Transport Entitled “Towards a carbon-neutral, zero accidents, automated and competitive EU Waterborne Transport Sector,” the declaration highlights the challenges lying ahead |
13/03/2020 Cleaner ships get backing of EU ministers EU transport ministers agreed on Wednesday (11 March) that greenhouse gas emissions from the shipping sector need to be reduced | 13/03/2020 German ports brace for blow from coronavirus disruptions German ports are bracing for their trade to take a severe blow in the coming days as the coronavirus outbreak |
13/03/2020 Leading UK Port Group, PD Ports, Selects K2 Software to Accelerate Company-Wide Digital Process Automation SourceCode Technology Holdings, Inc., the maker of K2 Software and a leader in intelligent process automation, announced that PD Ports, | 13/03/2020 Russia to OPEC – deeper oil cuts won’t work This week’s oil price rout had become inevitable and cutting output has ceased to make sense because it is unclear |
13/03/2020 U.S. crude output growth to slow, oil prices to slump U.S. oil production is expected to grow more slowly in 2020 and drop outright in 2021, forecasters said this week | 13/03/2020 Coal cargo vessel runs aground near Karachi’s Mubarak village A coal cargo vessel of a power generation company ran aground near Mubarak village in the early hours of Wednesday |
13/03/2020 Chinese funds curb subscriptions to oil investments amid global price rout Chinese mutual fund houses are restricting or suspending subscriptions in outbound oil and gas related funds following the precipitous plunge | 13/03/2020 Rolling Recessions Are The Likely Economic Impact Of New Coronavirus And COVID-19 The new coronavirus, which causes the new disease COVID-19, is the major uncertainty in the global economy, with the potential |
13/03/2020 Oil price crash is making big oil companies slash spending The aftermath of the Saudi Arabia driven crash in oil prices Monday on producers and drillers is now starting to | 13/03/2020 Why April will be a ‘very cruel month for oil prices’ A spate of news hit the oil markets on Wednesday—from downgraded estimates on U.S. crude production and global demand, to |