The MV Maersk Honam on fire in the Arabian Sea, March 8, 2018. 10 JUN 2019 It seems the ultra-large container vessels (ULCVs) that have become the ‘new normal’ on the Asia-Europe tradelane have not proved as popular as the lines that operate them hoped. Several shippers at Transport Logistic …
Read More »The Houston Ship Channel and adjacent refineries, part of the Port of Houston, are seen in Houston, Texas, U.S., 09 JUN 2019 By Erwin Seba HOUSTON, June 10 (Reuters) – Global prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulfur …
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LNG bunkering at Port of Gothenburg. 08 JUN 2019 The rapid growth in installed LNG tank capacity points to a potential boom in LNG for larger vessels over the coming years and could mark the start of a new era in ship fuel, according Martin Wold, head of the Alternative Fuels …
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A damaged Andrea Victory ship is seen off the Port of Fujairah, United Arab Emirates, 07 JUN 2019 An investigation into a spate of attacks on oil tankers in the Middle East last month has concluded that a “state actor” is to blame, according to a summary of the preliminary …
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06 JUN 2019 Washington’s escalating trade war with Beijing hasn’t choked off the flow of American oil to China. At least six million barrels of U.S. crude set off for Chinese refineries in May, according to ship tracking data compiled by Bloomberg. In June, American shipments to the Asian nation …
Read More »A Long March-11 rocket takes off from an offshore platform in the Yellow Sea off Shandong province, China June 5, 2019. 05 JUN 2019 China successfully launched a rocket from a ship at sea for the first time on Wednesday, state media reported, the latest step forward in its ambitious …
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