Bottleneck in Panama Canal and Surging Delay
Panama Canal congestion spurs more LNG and LPG carriers to take the long route to Asia around the Cape of Good Hope.
The...
Maersk Tankers Enters A 4 Product Tanker Deal With Xihe
Maersk Tankers enters a commercial agreement that sees it take over the running of four product tankers owned by Xihe Holdings (Xihe).
This...
Spot Bunkering Prices Soars To Historical Heights
November marked a period of mostly advances for Latin America bunker spot pricing.
Ports in Panama, Brazil and Peru reaching multi-month or even...
Container Shipping Market Skyrockets, But Gloomy As Well
The two busiest ports in the U.S., the neighboring facilities of Los Angeles and Long Beach set a new monthly records for inbound...
Demand for Oil in China Eases, Oil Markets Buoyant
Saudi Arabia, Russia and other oil producing countries have agreed to start pumping more oil next month.
The production of oil is to...
Wärtsilä Delivers Customized LNG Training Solutions for Anglo-Eastern
Anglo-Eastern has partnered with Wärtsilä to further enhance its simulator training for crew, with the customized LNGPac bunkering and liquid cargo handling simulators.
...
Pirates Attack This Tanker ‘Twice’ in Less Than 24 Hours
Greek product tanker gets attacked and looted by pirates, reports Maritime Bulletin.
Product tanker attacked
Product tanker NEW RANGER was attacked at around 0720 UTC Dec...
DSME Seals $260M VLCC Trio Order from ADNOC
DSME has won a $257m order to build three VLCCs for ADNOC.
The vessels will be delivered by the first quarter of 2023...
Just-In-Time Arrival Guide Launched To Achieve Sustainable Shipping
GIA has developed a guide to support low carbon shipping.
The guide aims to provide practical guidance on how to facilitate JIT.
A new...
Oil Major Chevron Cuts Capital Spending Amid COVID19 Crisis
COVID-19’s seismic effect on the fortunes of tanker owners is beginning to become clearer.
Chevron Corporation is reducing its capital and exploratory budget...
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