Is Omicron Causing Weekly Loss For Crude?
With omicron fears waxing and waning within the investment community since the strain was detected in South Africa.
It came as no surprise that oil prices on Friday dropped as well as posted a...
New Global Shipping Task-Force Aims To Cut Carbon Emissions
Workers worry that the changes needed to bring the shipping industry in line with global climate goals could make their jobs more dangerous and threaten their incomes.
The world's ships are big consumers...
Preparation For Cargo Operation On Chemical Tanker
Before any cargo transfer starts, the responsible officer should be satisfied that the applicable precautions are being observed.
A liaison meeting should be held with the responsible terminal staff, at which the operational...
China’s Nov Clean Marine Fuel Exports Rise
China sees a rise of 18% in its marine fuel exports
November IMO compliant fuel exports were at 1.75mt
Three state-backed refiners granted 1 million tonnes of clean marine fuel export quotas last...
Wartsila And KCC Sign An Agreement To Uplift Fuel Savings
Wartsila EnergoProFin has been secured for the CABU boats MV Bakkedal, MV Bangor, and MV Bantry, according to a contract signed by Klaveness Combination Carriers "KCC" and Wartsila as reported KCC.
New installations
The device replaces...
Companies Charged Over Negligent Conduct in Offshore Oil Leak
Three companies have been accused of illegally discharging about 25,000 gallons of crude oil into the Pacific Ocean off the Southern California coast in October, federal prosecutors announced Wednesday.
The oil spread several...
China’s Property Woes, A Warning Sign For The Economy
The spreading balance-sheet crisis at real estate firms is a warning for policymakers as a swing in the fortunes of the steel industry would have significant repercussions for China's economy, with cement, glass,...
Omicron Wave Halts Christmas Celebrations In This Country
Events are not permitted other than funerals, weekly markets selling groceries and professional sports matches with no spectators.
The BBC's Anna Holligan in The Hague said the announcement was being met with disbelief...
Asia Petrochemicals: Key Market Indicators For Dec 20-24
The outlook for most Asian petrochemicals is likely to be bearish due to an anticipated lull in trading due to the year-end. However, demand for gasoline blending may support some aromatics in the week...
Asia Middle Distillates: Key Market Indicators For Dec 20-24
Asia's middle distillate markets started the Dec. 20-24 trading week on a mixed note amid concerns about demand loss arising from restrictions caused by growing number of coronavirus infections, says a Platts market insight...