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Crude Up Once Again on Perception that Oil Market is Tightening
Sep 19, 2018 ... that "Maybe there's very little they can do to stop [oil] from, popping above $80; that doesn't mean they like it, they're aware that this is in the danger zone, but it also means that ...
Saudis Can Live With $80+ Oil, But Russia Sees Post-Sanction Price of $50
Sep 18, 2018 ... to occur." He added, "It is clear that the tightness is in no small part a function of the seriousness with which the U.S. sanctions on Iran are being treated." Stuart Wallace, a reporter for ...
IMO 2020: Denmark's Emissions Monitoring Points Way to Effective Compliance
Sep 18, 2018 ... method of monitoring might be considered more efficient than the use of permanent sniffers, simply because most ship crew will be aware of where permanent sniffers are located, ...
Buy IMO 2020 Bunkers Early, Make an Implementation Plan ASAP: ICS
Sep 17, 2018 ... The ship's implementation plan could be particularly important in the event of compliance issues to demonstrate "good faith". ...
Mixed Crude Prices on Friday Unaffected by News of Global Supply Hitting Record High
Sep 14, 2018 ... compensating for the problems being generated by those two countries. But curiously, the news wasn't cited as a factor in prices pulling back on Friday; instead, U.S. president Donald Trump ...
Odfjell Reiterates Scrubber Stance
Sep 14, 2018 ... last month said a scrubber solution to the new 0.50% sulfur cap on marine fuel “intuitively doesn’t make sense." The new "IMO 2020" rule comes into effect on January 1, ...
IMO2020: Tank Cleaning Not Enough to Ensure Compliance When Switching to Low Sulfur Bunkers
Sep 13, 2018 ... reason checks will need to be made where it gets used on the ship to ensure compliance. This doesn't typically happen today" Iain White, Global Field Engineering Manager at ExxonMobil, recently ...
The Fuel Quality Crisis Contaminating 2020 Transition
Sep 13, 2018 ... a vessel burning 10,000 tonnes per annum would save $500,000, which is certainly not to be sniffed at when considered in the context of a direct hit to operating profit.  Maybe it's just a ...
U.S. Tipped to Become World's Top Oil Producer - But Russia Ready for Record Output
Sep 12, 2018 ... to exceed Russian and Saudi production for the rest of 2018 and in 2019. But because the EIA doesn't publish forecasts for Russia and the Saudis ,it's hard to verify its claim of America's might: ...
Oil Prices Drop As Saudis Reportedly Aim For $70 to $80/bll Price Range
Sep 5, 2018 ... currency crisis could spread to other emerging markets. The current price range of benchmarks isn't too far off what Saudi Arabia and many other countries want to see, according to Reuters: ...
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Seabound Launches Carbon Capture Project for Cement Carrier

Seabound Launches Carbon Capture Project for Cement Carrier

The onboard captured CO2 will be converted to limestone and used onshore for cement manufacturing.

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Small Shipowners Face Complexity Without Clear Climate Rules: ICS

Small Shipowners Face Complexity Without Clear Climate Rules: ICS

The shipping organisation warns that smaller shipowners could struggle with complex climate rules, and urges the EU to replace its ETS with the IMO's net-zero framework once it is adopted.

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