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The healthy functioning of the maritime logistics chain is at risk

01/02/2020

Representing users of liner shipping services and service providers of the maritime logistics chain (hereafter, the associations) jointly object to the prolongation of the Consortia Block Exemption Regulation (CBER) on the grounds advanced in the Commission Staff Working Document Report

Risk of oil supply disruptions can have an immediate effect on oil prices

01/02/2020

Crude oil supply disruptions—realized or expected—can have large and immediate effects on crude oil prices. Two recent events, the September 2019 attacks on Saudi Aramco facilities at Abqaiq and Khurais (which disrupted crude oil volumes) and the January 2020 military

Coronavirus trumps Middle East’s impact on oil prices, says GlobalData

31/01/2020

Following the news that the UAE confirmed the country’s first case of the Wuhan coronavirus – the first confirmed case in the Middle East;

John Bambridge, Features and Analysis Editor at GlobalData, offers his view:

“The Gulf region, and Dubai in particular,

Potential US Fracking Ban Would Have Little Immediate Impact On Nationwide Oil And Gas Production

31/01/2020

Recent analysis conducted by Rystad Energy suggests that if the fracking activity were to be eliminated on federal acreage – in accordance with a stated policy goal of at least one presidential candidate – the result would be a widespread

KR publishes technical information on ammonia as an alternative marine fuel

30/01/2020

Korean Register (KR) has published important technical information on the use of ammonia as an alternative marine fuel, comparing it to other different types of carbon-neutral alternative fuels.

The highly topical, free guide covers the fuel’s key features, industry trends and

AG&P Expands Its Low CAPEX Solutions for Bunkering and LNG-to-power Vessels to Meet Rising Demand for Cleaner Fuel

30/01/2020

Atlantic Gulf and Pacific (AG&P), the global downstream gas and LNG logistics company, is expanding its portfolio of proprietary technologies for small-scale bunker vessels and LNG-to-power barges in response to growing global demand for cleaner and cheaper fuel.

In the past

Greece: Financing agreement for the construction of the first LNG bunkering vessel for maritime use in Eastern Mediterra

29/01/2020

Public Gas Corporation of Greece SA (DEPA) and the European Investment Bank (EIB) signed an agreement to finance with up to EUR 20 million the construction of a new LNG bunkering vessel for maritime use in Greece, which will be

First Dual-Fuel 11G90ME-GI Runs on 100% Gas on Way to Successful Shop Test: Dual-fuel engine features innovative PBIV th

29/01/2020

HHI-EMD (Hyundai's Engine Machinery Division) has announced the completion of the first shop test for the first of six ME-GI engines bound for a series of container ships for Singapore-based, Eastern Pacific Shipping. MAN Energy Solutions reports that, during testing,

A turbulent year ahead for oil?

28/01/2020

Will the global economy stabilise in 2020?
There are clear signs that the global economy is stabilising. Leading indicators for manufacturing have improved; Germany and the UK avoided technical recessions towards the end of last year, and major central banks

EIA forecasts U.S. crude oil production will keep growing through 2021, but more slowly

28/01/2020

In the January 2020 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that U.S. crude oil production will average 13.3 million barrels per day (b/d) in 2020, a 9% increase from 2019 production levels,

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