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Tag Archives: Shipping

Ports & Shipping

Shipping News

WORLDWIDE SHIPPING INDUSTRY Asian refiners may lift some middle east crude in smaller vessels post sabotage Various Asian buyers of Middle Eastern crude oil expressed some concerns over the safe passage of their term cargoes following the recent sabotage attack …

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Ports & Shipping

Shipping News

WORLDWIDE SHIPPING INDUSTRY Americas MR tankers see short-haul freight up 20pc on tight tonnage, fixing spree The Americas Medium Range tanker market saw freight increase around 17-25 percent, to rates not seen since early April on some US Gulf Coast-loading …

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Ports & Shipping

Shipping News

WORLDWIDE SHIPPING INDUSTRY Fujairah stockpiles climb to record on 11pc jump in light distillates Oil product inventories in the Fujairah trading hub rose 2 percent week on week to a record 25.749 million barrels, led by an 11 percent jump …

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Ports & Shipping

Shipping News

INTERNATIONAL SHIPPING INDUSTRY Global ship orders fall to lowest level in 15 years Ship orders world-wide have shrunk to the lowest level in 15 years as vessel owners struggle with excess capacity that has kept freight rates well below break-even …

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Ports & Shipping

Shipping News

INTERNATIONAL SHIPPING INDUSTRY US west coast gasoline imports from Europe set for record April Gasoline imports into the US West Coast from Europe are set to hit a record in April as area refinery shutdowns have tightened supplies and boosted …

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Maritime transport: serving as an example

Maritime transport- serving as an example

Maritime transport, which plays a vital role in the development of the country, comprises ports, shipping, shipbuilding and ship repair, and inland water transport systems. The growth in international trade and removal of trade barriers have made the developing countries …

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Ports & Shipping

Shipping News

INTERNATIONAL SHIPPING INDUSTRY South Korea ranks second in global ship orders in q1 South Korean shipbuilders came in second worldwide in terms of new orders in the first quarter of the year, industry data showed Monday. According to the data …

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Ports & Shipping

Shipping News

INTERNATIONAL SHIPPING INDUSTRY Shipowners, refiners at odds over imo fuel quality Fuel quality is the great unknown for the shipping and oil refining industry. The International Maritime Organization’s (IMO) January 2020 deadline could see the majority of vessel owners switching …

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Ports & Shipping

Shipping News

INTERNATIONAL SHIPPING INDUSTRY Trafigura ships more Asian gasoline to Americas on new tanker Commodity trader Trafigura is shipping this month a second newly built crude tanker with Asian gasoline onboard to South America amid strong demand in the West, four …

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