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Tanker Shipping: Geopolitics And Overall Fleet Growth Are The Main Drivers


The oil market is notoriously linked to geopolitics. Most recently, the political situation in Venezuela creates turmoil in the region and particularly affects crude oil exports.

Demand drivers and freight rates
The tanker market has made the most of a solid

Ballard is a Member of H2PORTS Project to Demo Hydrogen as Alternative Fuel to European Ports


Ballard Power Systems announced that it is participating through the company’s European subsidiary – Ballard Power Systems Europe A/S – in the H2PORTS project, which is aimed at facilitating a rapid transition at European ports from fossil fuels to low-carbon,

Intercontinental Exchange Launches Marine Fuel Contracts In Advance Of IMO 2020


Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, launched new Marine Fuel 0.5% futures contracts in advance of the implementation of the 0.5% sulphur cap by the International

Gas4Sea partners and Equinor signed an LNG bunkering agreement


Marine LNG Zeebrugge, a joint venture of the Gas4Sea partners – ENGIE, Mitsubishi Corporation and NYK – has signed an agreement with the Norwegian multinational energy group Equinor for supplying their four crude shuttle tankers with LNG as marine fuel

Fitch Ratings: Russian Container Port Market Recovering, But Growth Slows


Latest container throughput results of Fitch-rated Russian ports indicate that the recovery of the Russian container port market continues, although future growth is likely to be muted, Fitch Ratings says. The market remains predominately import-driven.

Last year, turnover at DeloPorts’ NUTEP

PPR 6: IMO Member States Must Stay Focussed on Arctic Heavy Fuel Oil Ban


As a meeting of the International Maritime Organization's (IMO) Sub-Committee on Pollution Prevention and Response (PPR 6) opens today in London, the Clean Arctic Alliance called on Member States to remain focussed to the goal of developing a ban on

Tankers: VLCC Market On the Rise


A significant uptick in US Gulf enquiry saw rates to South Korea rise $1.1 million to $6.65 million. This positivity filtered through to the Middle East Gulf, with 270,000mt to South Korea fixed at WS 47.5, up almost seven

Signposts for the gas outlook


Global gas markets, business models and pricing arrangements are all in a state of flux. There is great dynamism, both on demand and supply, but still plenty of questions on what the future might hold and what a new international

Exponential growth: entering the second half of the chessboard


Exponential growth ensures that the maritime business will change rapidly over the coming years. Are we involved, or just standing by as an onlooker?

What is exponential growth? A well-known example is the ancient story about an Indian king granting as

Oil and gas M&A deal value increased in 2018 despite lower deal volume


Global oil and gas total deal value increased by US$ 79.7b during 2018 to reach US$426.8b, despite a decrease of 18% in deal volume. This is according to the EY Global oil and gas transaction review 2018, which also reveals

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