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IMO2020: Vitol Building New Refinery in Malaysia
Jun 24, 2019 ... at its storage terminal in Tanjung Bin, Reuters quoted Vitol Asia’s President and CEO Kho Hui Meng as saying on the sidelines of the Asia Oil & Gas Conference. Construction is ...
DryShips Heidmar Acquisition Prompts Re-organisation
Jun 19, 2019 ... in the company. The move will also see the company come under a new chief executive, Pankaj Khanna. Dryships chairman and chief executive George Economou said with the acquisition of 100% ...
Tanker Attacks Cause Crude Price Jump - But Experts Shrug Off Their Significance
Jun 13, 2019 ... insurance risk." For its part, Saudi Arabia chose to downplay the significance of the attacks: Khalid al-Falih, energy minister for the kingdom, told media that his ministry and Aramco have ...
IMO2020: Far East VLSO Premium Drops to $100 Over HSFO
Jun 13, 2019 ... the Far East is now priced at $480/mt, a premium of just $100-120/mt over HSFO in ports such as Nakhodka, Vladivostok and Vostochnyi, according to Ship & Bunker data. In contrast, the price ...
Quadrise Signs Deal With Saudi Firm
Jun 12, 2019 ... firm. Kirk told Youtube channel Proactive Investors Stocktube that its partnership deal with Al Khafrah Holding Group (AKHG) would facilitate movement in what is a key market for the company's ...
Third Weekly Loss for Crude Despite OPEC Nearing Agreement to Extend Cuts
Jun 7, 2019 ... 2.7 percent - but still not enough to ward off a third straight week of declines overall. After Khalid al-Falih, energy minister for Saudi Arabia, told a news conference in Russia that the ...
Crude Price Gains Viewed as Temporary Deviation, Not a Rebound
Jun 6, 2019 ... the crude market, Yahya Rahim Safavi, a top military aide to Iran's supreme leader Ayatollah Ali Khamenei, warned that with regards to the tensions brewing between the U.S. and the Islamic ...
Crude Inventories Defy Forecasts, Cause Yet Another Price Plunge
Jun 5, 2019 ... heading in that direction came from three different sources, who told Reuters that output at Kazakhstan's Kashagan field reached an all-time high of 400,000 bpd on Tuesday. Still, despite the ...
Shippers Group Says No to Slower Steaming
Jun 4, 2019 ... of growth and jobs, while addressing the need to radically decarbonise transport", says James Hookham, GSF Secretary General. IMO's recent MEPC74 saw a big push to further reduce vessel speeds ...
Recession Fears Cause Further Crude Price Losses as Analysts Now Worry About Mexico
Jun 3, 2019 ... day price fluctuations instead of fundamentals, once again on Monday tried to calm traders, with Khalid al-Falih, energy minister for the kingdom, calling recent trading volatility "unwarranted" ...
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First European-Built CO2 Carrier Launched

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The vessel will be used to safely transport liquified CO2 in Europe.

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Gibraltar Bunker Calls Hit 2025 High in April

Gibraltar Bunker Calls Hit 2025 High in April

About 445 vessels arrived for bunkers in April in Gibraltar – the highest since November 2024.

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Anemoi and Partners to Develop Rotor Sail Designs for Tankers

Anemoi and Partners to Develop Rotor Sail Designs for Tankers

Anemoi sees growing interest in wind-propulsion systems from the tanker segment.

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