Rising Stockpiles Drown The Oil Market!
Lockdown measures have crippled the demand and supply is not falling quickly enough to keep up.
Oil-storage tanks around the world are rapidly...
Can Hydrogen Fuel and Solar Power Steer a 100-Foot Catamaran To...
The "Energy Observer" showed that hybrid systems could keep it operating at peak performance for 5,000 miles.
The hybrid system also don't have...
Oil Tankers Favouring Cape of Good Hope Route To Cut Costs
Supertanker New Vigorous arrived at a port in northern France Cape of Good Hope.
The journey takes almost twice the time as the...
Oil Industry on The Rebound! Experts Assure The Worst Is Over
Oil inventories continue to rise despite facing historical lows.
It will be a while before oil prices could post any palpable improvement.
Brent...
Cyprus Unveils Measures To Facilitate Crew Changes Amid COVID-19
Cyprus adopted a formal process to facilitate crew changes in the COVID-19 pandemic.
Seafarers arriving by plane to Cyprus will be subject to...
What Are The Unexpected Consequence of Wearing Masks?
Masks have gone from optional to mandatory in many states.
People are wearing masks everywhere without observing the six feet.
Masks are essential...
Fixing and Failing: A “Prevailing Feature” of Volatile Tanker Market
Rising oil prices, which make floating storage less attractive, is a negative for tanker demand.
Investors might not be getting the right numbers...
Containership Broke Into Two!
Container ship Shahraz and bulk carrier Samudra Sakti I ran aground in Singapore Strait south of St John Island at around 1900 UTC May...
Bulk Carrier Master Dies!
Master of Indonesia flagged bulk carrier Aurora Christine died at Cilacap.
He died from some kind of stroke or attack, and not from...
VLSFO Premium Easing in Singapore!
The premium for Very Low Sulfur Fuel Oil (VLSFO) delivered in Singapore easing in Singapore, reports Ship&Bunker.
VLSFO Margins Easing
According to Platts reports, the premium...