Sales at fuel stations, and pipeline flow all suggest that the slump in oil demand is recovering. Oil traders believe it will take more than a year for the market to recover. It...

Crude oil trends and prices experience bouts of volatility as storage fills across the world. The historic rout in oil markets sent the US crude oil prices to negative USD 40 a barrel. ...

LNG Marine Fuel Institute (LNG MFI) says that the issue of ship-to-ship LNG bunkering licences to Woodside Energy is a major win for the nation. Working with PPA to finalise LNG bunkering licences...

The MR tanker belonging to Stenabulk has received the first delivery of BioFuel oil. The fuel reduces greenhouse gas emissions by 83% and reduces SOX emissions. BFO was tested in tanks, storage, and...

Patients hospitalized with severe COVID-19 might experience lingering effects. Older adults are at the greatest risk of both severe disease and long-term impairment. They are prone to a set of physical, cognitive, and...

The present scenario gives the ship owners only a little flexibility to shift vessels around in response to changing markets. This crisis will impact world economic flows and it is necessary to revamp...

The need for crew changeovers to take place is of the utmost urgency, IMO Secretary-General Kitack Lim and shipping industry representatives agreed. This decision was agreed during a virtual IMO-industry meeting hosted by...

It usually takes just half a day to unload a massive cargo ship of its cars, but since demand is way down, a shipment of about 2000 new Nissan/Infiniti vehicles had to sit...

  According to an article published in Oilprice.com, a global upheaval is likely to result from the oil price crash, upending the current fragile balance of power because key oil-producing countries, including Iraq and Nigeria,...

USPS is shipping mail and parcels to ten European countries via ocean freight. This is due to widespread flight cancellations and restrictions due to COVID-19. The first batch of mail shipped to Europe...