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More Modest Gains For Oil As Analysts Tentatively Embrace Demand Resurgence
May 26, 2021 ... to $68.87 per barrel, and West Texas Intermediate settled up 14 cents at $66.21 per barrel. Jim Ritterbusch, president of Ritterbusch and Associates, said, "An urge to 'hit the roads' in ...
Essberger Orders Four Gas-Powered Chemical Tankers
May 21, 2021 ... of running on LNG as a bunker fuel. The duel-fuelled tankers will be built by China Merchants Jinling Shipyard Dingheng and are due for delivery from mid-2023, the company said in a statement ...
Scrubber-Fitted Ferry Launches in Japan
May 13, 2021 ... on Thursday. The new ship is due to enter service in December and operate between Osaka and Shinmoji. The ship has passenger capacity for up to 675 people, and will be the largest ship ever ...
Surging Demand Globally Boosts Oil Prices, But India Remains A Concern
May 3, 2021 ... the source of concern for analysts: Louise Dickson, analyst at Rystad Energy, said, “India jitters are currently stopping oil prices from rising further.” It was also reported that the ...
Demand Recovery Indicators Prove No Match For Covid Fears As Oil Prices Drop 2%
Apr 21, 2021 ... vaccinations driving prices higher in the months ahead. In China, Sengyick Tee, an analyst at Beijing-based SIA Energy, said Chinese oil demand in May could be as much as 20 percent higher than ...
Oil Gains Capped By Demand Concerns As India Imposes Covid Lockdowns
Apr 19, 2021 ... fell by close to 60 percent, is nevertheless set to weigh on transportation fuel consumption." Jim Ritterbusch, president of Ritterbusch and Associates, added, "The primary hazard to continued ...
Weekly Vessel Scrapping Report: 2021 Week 15
Apr 15, 2021 ... A Maritime     09-04-2021     Fuji Maru     SMALL CRUISE     19-04-1989     Mitsubishi ...
Oil Rises On Vaccination Success In U.S., UK, And More Saudi Attacks
Apr 12, 2021 ... expected to grow 4 percent this year, up from the fund’s October projection of 3.2 percent. Jihad Azour, director of the IMF’s Middle East and Central Asia department, said, ″(The) ...
Oil Prices Down, But Saudis Insist Output Increases Are Justified By Demand Growth
Apr 9, 2021 ... a 2 percent-3 percent drop this week, but still far from the low of $60.47 hit two weeks ago. Jim Ritterbusch, president of Ritterbusch and Associates, remarked, "Favourable oil demand ...
China's CNOOC inks LNG Bunker Supply Deal
Apr 2, 2021 ... single-fuelled vessels are being built by China State Shipbuilding Corporation Ltd for Zhujiang Shipping. The mix of 2,000 and 3,000 dwt vessels are expected to be delivered before the ...