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02/11/2020 Traders scout for supertankers to store diesel as virus spreads Oil traders are scouting for newly built supertankers to store diesel for the next few months as they brace for	02/11/2020 COSCO receives 3.5 stars out of 5 on environmental reporting The Sustainability Report by COSCO could not be more different from the one by MSC, which we reviewed a few
02/11/2020 Is The UN Shipping Agency, The IMO, Still Fit For Purpose? The embattled UN agency responsible for regulating global shipping was in the headlines again last week. This time for facilitating	02/11/2020 MISC Takes Delivery Of Its First VLEC – Seri Everest The Largest Of Its Kind In The World MISC Berhad (MISC) has taken delivery of its first Very Large Ethane Carrier (VLEC) at the Samsung Heavy Industries (SHI)
02/11/2020 Hunter Group ASA To Sell Tanker Duo Hunter Tankers AS (the “Company”), a wholly owned subsidiary of Hunter Group ASA, is pleased to announce that it has	02/11/2020 Russia ranks second by oil exports to China in September Oil supplies from Russia to China increased to 1.83 mln barrels daily as of the end of September 2020, Argus
02/11/2020 GLOBAL LNG-Asian spot LNG prices jump 9% on robust demand Asian spot prices for liquefied natural gas (LNG) jumped nearly 9% this week from a week ago, as demand continued	02/11/2020 Samsung Heavy wins against U.S. drilling firm in damage suit Samsung Heavy Industries Co. has won a lawsuit against Pacific Drilling S.A. (PDC), an American offshore drilling company, eliminating the
02/11/2020 China to contribute 28% of global petrochemical capacity additions by 2030, says GlobalData The global petrochemical capacity is poised to see considerable growth by 2030, potentially increasing from 2,129.0 million tonnes per annum	02/11/2020 At Today’s Oil Prices, Exxon’s Money Machine Is Broken Exxon’s money machine is broken. At least at these oil prices. The oil giant posted a loss of $680 million
02/11/2020 What To Do About The Future Of Oil Companies. Hint: Football Fields Don’t Mow Themselves! The number one question I get asked these days is, “what’s the future of the IOC business model”? International Oil Companies	02/11/2020 U.S. drillers add most oil and gas rigs in a month since May 2018 -Baker Hughes The U.S. oil and natural gas rig count rose in October for the third straight month and drillers added the
02/11/2020 Canada turns on oil taps as prices rise, curbs lift Canadian crude producers are churning out extra barrels to finish their hardest year in decades on a higher note, after	01/11/2020 World Fuel Services Corporation Reports Third Quarter 2020 Results “Modest improvements in certain areas of our global business, as well as the continued focus on cost containment and portfolio

Tankers: VLCCs Fall Once Again

HEINEKEN pioneers with zero-emission shipping