Oil Prices Fall To a 3-Week Low on China’s Virus Curbs, Strong Dollar
WTI crude hits the lowest price since May in intraday trade
Wall Street banks cut China growth forecasts
China's July crude imports down 20% on a year-on-year basis
Crude prices are declining as a...
Responders of Vessel Wreckage Cap Source of Oil Discharge
The oil leak from the Golden Ray cargo ship in St. Simons Sound was contained over the weekend.
The source of oil discharge was capped.
Since being secured, pollution officials said the area...
RINA To Lead the EMSA LNG Bunkering Project
Italy-based classification society RINA has been awarded a framework contract by the European Maritime Safety Agency (EMSA) to support initiatives to increase the availability of LNG bunkering, says an article published in Ship Insight.
About...
Japans First LPG Operated VLGC Soon On Service
Japanese LPG trader and importer Astomos Energy Corporation has announced that it will bring the liquified petroleum gas (LPG)-powered very large gas carrier (VLGC) into operation later this month, says an article published in...
Weekly Bulk Report – Week 31, 2021
The Baltic Exchange has released a report about the dry bulk market for the 31st week of shipping activities of this year. The report dated 06th August highlights the dry bulk market conditions at...
Briese Schiffahrts Order Four Boxships at Huanghai Shipbuilding
German shipowner Briese Schiffahrt is back for more feeder boxships at Huanghai Shipbuilding after placing an order for four 1,800 teu vessels in June this year, says an article published in Splash 247.
Delivery scheduled
The...
Tsuneishi Releases New Eco Ship Design
On August 2, TSUNEISHI SHIPBUILDING (HQ: 1083 Tsuneishi, Numakuma-cho, Fukuyama, Hiroshima, Japan; President: Sachio Okumura) released the details of the new model TESS66 AEROLINE on its website, says their press release.
About the eco-ship
This eco-ship...
Weekly Tanker Report – Week 31, 2021
The Baltic Exchange has released a report about the dry bulk market for the 31st week of shipping activities of this year. The report dated 06th August highlights the dry bulk market conditions at...
Gibson Weekly Report – Week 31, 2021
Concerns over growing inflationary pressure across the global economy have been gaining ground. This was reinforced in the recent July edition of the IMF's World Economic Outlook Update, which notes that whilst the recovery...
ExxonMobil Starts Barge Deliveries of IMO Compliant LSFO
Oil and gas giant ExxonMobil has started barge deliveries of the International Maritime Organization-compliant, low-sulphur marine fuel in New Zealand, says an article published on offshore energy website.
Delivery
As informed, the company will be delivering...