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Marine scrubbers – Yara Marine tackles the great upheaval

27/07/2020

2020 will go down in history as the year that changed everything for many industries, not least the marine exhaust gas cleaning segment. “The coronavirus turned our world upside down virtually overnight,” confirms Ina Reksten, Yara Marine Technologies COO. Driven

Tankers: Rates Under Pressure

26/07/2020

VLCC

Rates in this sector remained under pressure with a 280,000mt Middle East Gulf to USG via the Cape/Cape routing assessed one point lower at barely WS23. A 270,000mt to China now sits at WS37 level, down five points. Korean charterers

How Big Oil’s M&A targets have changed

24/07/2020

No one has experienced an M&A market as bad as this. The collapse in oil and gas prices and Covid-19 killed deal activity, with 2020 so far recording the smallest number of deals in any month, any quarter and any

Last bi-weekly WPSP Barometer confirms overall improvements in hinterland transport, capacity utilization and port worke

23/07/2020

The eleventh and final bi-weekly version of the IAPH-WPSP Port Economic Impact Barometer has just been published, showing a progressive improvement in three of the four survey questions asked to the world's ports. Active since April 6 2020 on a

The oil market continues its cautious rally but more uncertainty lies ahead

23/07/2020

For the oil markets, the first half of the year saw extraordinary swings in supply and demand, culminating in what is now thought to have been a staggering 22mbbpd of oversupply in April as OECD economies headed into lockdown

Container throughput of Chinese ports dropped 5.4% in the first half year

22/07/2020

From January to June 2020, the cargo volume of Chinese ports was 675213 million tons, a year-on-year increase of 0.6%; the container throughput of Chinese ports was 120.19 million TEU, a year-on-year decrease of 5.4%. The overall downward trend has

Kanfer Shipping signs exclusive agreement with CGR Arctic Marine to develop cost-saving LNG bunkering vessels

22/07/2020

Kanfer Shipping AS (“Kanfer”), the Norway-based shipping company focused on LNG break-bulk and bunkering ships, has entered into an exclusive agreement with CGR Arctic Marine (“CGR”), the Norwegian LNG technology company that has designed and developed a unique LNG bunkering

Shipping Consultants Serve as Pandemic Partners, Ongoing Support for Business Owners

21/07/2020

InXpress, a shipping and logistics franchise with a network of 400 franchises in 14 countries – helps small-to-medium size businesses ship 4.6 million packages a year. This year, efficient shipping has become even more essential for business owners due to

Castrol highlights marine lubricant choice more critical than ever

21/07/2020

Global lubricants supplier Castrol highlights the increasingly important role of marine lubricants as the engine room environment changes.

More efficient engines, new and varied fuels, and recent changes to leading OEM cylinder oil strategies are making lubricant choice a more important

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