An Oil Tanker Broken Into Two, Survived World War 2 Attacks!
Today, we are going to tell you about an oil tanker which survived despite being broken into during the 2nd World War, writes Sebastien...
The Future of Floating Storage Amid COVID-19 and Global Slump
Six-month charters being signed are primarily being done by oil industry players.
Storage deals have been inked primarily for VLCCs that hold 2...
Refiners Step-up Production as Fuel Demand Increases
Indian refiners are scaling up crude processing as local fuel demand increases.
Indian Oil Corp has raised crude processing at its plants to...
CMA CGM First Shipping Company To Get State Backed COVID19 Loan!
In a major development, CMA CGM has announced that they have secured a €1.05bn loan from BNP Paribas, HSBC and Société Générale, backed by...
U.S. Plans To Legalize Mining on The Moon
American administration plans to mine the moon for valuable regolith.
Nicknamed NASA’s Artemis program U.S.-led international agreement about using the moon for materials.
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Rates Remain Lower As Asia-Europe Freight Fixtures Are Cancelled!
Gasoil, jet fuel spot fixtures for 0.5 million mt cancelled.
Over 50 tankers stuck due to discharge delays in Europe.
Refineries slashing outputs...
Freight Rates Decline by 61% Due To Supply Drop and Low Demand
A drop in cargo supply has pushed clean tanker freight down to 61%.
Refineries have slowed throughput and oil product demand is low.
...
Baltic Exchange Unveils GOPEX Assessment for LNG and LPG Tankers
Baltic Exchange has added quarterly assessments (GOPEX).
The GOPEX will assess the cost of operating LNG and LPG tankers.
Data will be shared...
COVID-19 Symptoms: How It Affects Your Body?
Doctors have discovered that COVID-19 has a range of clinical manifestations.
Life-threatening clots in the arteries of the lung known as pulmonary emboli.
...
Sharpest-Ever Images of Jupiter from a Ground-Based Telescope!
Some of the highest resolution images of Jupiter ever obtained from the ground have been shot from the Gemini North telescope on Hawaii’s Maunakea volcano.
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