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Just how dependent oil markets are on tight oil delivering


What’s the most unexpected outcome three years on from the price crash? There are a few contenders. OPEC’s zealous adherence to production restraint is right up there. US tight oil is another, briefly inconvenienced by low prices but now embarking

Port of Antwerp goes further towards efficient, sustainable modal shift


The port of Antwerp is to invest 1.4 million euros over the next three years in projects aimed at making port-generated freight traffic smoother and more efficient. The seven projects that have been selected for financial support will together reduce

Bio-LNG to Overtake Traditional LNG?


LNG is one the cleanest burning fossil fuel available. LNG is odorless, colorless, non-corrosive and non-toxic. Therefore, LNG does not pollute land or water resources as much as other fuels of the same origin, for example, diesel. Even though it

Moody’s: Slow recovery in energy led by growing production of oil and natural gas


The energy industry will continue its slow recovery as upstream companies increase production, helping the midstream and services sectors as well. Excess supply will continue to dampen oil prices in the coming year, Moody’s Investors Service says in its 2018

A step closer to ballast-free shipping


GTT and Dalian Shipbuilding Industry Co. Ltd (DSIC) received approval in principle (AiP) from Lloyd’s Register (LR) for their 30,000m³ B-FREE LNG carrier design in a ceremony at Marintec China yesterday.

The spread of invasive species is recognised as one of

Transitioning into EU MRV


The EU MRV (monitoring, reporting and verification) regulation 2015/757 entered into force on 1 July 2015 as part of the European Commission (EC)'s effort to reduce greenhouse gas (GHG) emissions from international shipping within the European Union (EU). The EU

Westwood Insight: OPEC – Holding Firm, For Now


The eagerly-awaited outcome of the 173rd OPEC meeting (not to mention the third OPEC & non-OPEC ministerial meeting) was announced on 30th November. The summary headline is an extension of current cuts through to the end of 2018, with a

In search of fiscal ‘win-win’ to spur upstream investment


Brazil and Guyana dominate the low end of the cost curve for pre-final investment decision projects. Both yield giant oil discoveries in world-class reservoirs – a winning combination that delivers outstanding project economics. Spectacular bids for Brazil pre-salt acreage in

Hong Kong Port Cargo Throughput Up by 5.3% During Third Quarter to 70.9 million tons


The Census and Statistics Department (C&SD) today (December 5) released the statistics on vessels, port cargo and containers for the third quarter of 2017.

In the third quarter of 2017, total port cargo throughput increased by 5.3% compared with a year

The Port of Helsinki offers a price incentive to reduce vessel emissions and noise


The Port of Helsinki's price list for 2018 has been published. A new element for next year will be the opportunity to apply for vessel charge discounts on the basis of reduced environmental impacts.

The discount is available to those who

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