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New Methods To Improve Energy Efficiency Of Ships


Reducing operating costs is one of the main concerns of shipping industry today. To help ship owners and operators boost the energy efficiency of their vessels, Deltamarin has since day one strongly focused on Energy and Environmental Efficiency (EEE). By

U.S. exports of crude oil and petroleum products have more than doubled since 2010


U.S. crude oil and petroleum product gross exports have more than doubled over the past six years, increasing from 2.4 million barrels per day (b/d) in 2010 to 5.2 million b/d in 2016. Exports of distillate, gasoline, propane, and crude

Aegean Marine Petroleum Network Inc. Announces Launch Of New U.S. East Coast Market In Savannah, Georgia


Aegean Marine Petroleum Network Inc. announced the launch of a new service center in Savannah, Georgia, the third largest container port in the United States.

The operations in Savannah will be managed by the existing Aegean U.S. team. Under the terms

Condition Surveys: Tankers Which Have Carried Heavy Fuel Oil as Cargo


As in previous years and in accordance with International Group practice, the Club is required to carry out condition surveys of seagoing tankers aged 10 years or more if they carried heavy fuel oil (HFO) as cargo during the previous

Are you entitled to payment under your contract: have you dotted your ‘i’s and crossed your ‘t’s?


The general principles of contractual interpretation are easy to state, but the application of such principles appears to be deceivingly simple, given the recent string of differing English decisions that demonstrated the various judicial approaches to contractual interpretation.

The current troubled

World oil market prospects for the second half of 2017


The gradual recovery of the world economy continues and stronger-than-anticipated growth in 1Q17 has lifted the world GDP growth forecast for 2017 to 3.4%, up from the 3.1% growth seen in 2016. This positive momentum is expected to continue into

USCG guidance on safety considerations for simultaneous operations during LNG bunkering


The United States Coastguard (USCG) has issued a notice on the safety considerations for simultaneous operations (SIMOPS) during LNG fuel transfer operations

API: Petroleum demand last month highest for May since 2007


Total petroleum deliveries in May moved up by 4.9 percent from May 2016 to average 20.1 million barrels per day. These were the highest May deliveries in 10 years, since 2007, and the highest deliveries for any months in over

Piraeus: PPA docks in full operation


Piraeus Port Authority S.A. is pleased to announce the extensive repair of the Perama floating dock “Piraeus I” is being completed today, June 22nd. Upon its completion, all four existing docks are in full operation after the extensive maintenance works

Fitch: Global Ports Sector Faces Structurally Slower Growth


Traffic growth in the ports sector is likely to remain well below historical levels for the foreseeable future, due to fundamental structural changes in the industry and global trade, Fitch Ratings says. A move towards protectionism would represent a significant

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