Oil Demand Flat, Diesel Demand Up

Monday, February 26, 2001

According to the February 12, 2001 monthly IEA Oil Market report, the 12-month moving average for December 2000 of oil products demand for the nine largest markets indicates a 0.1% decline. The only products showing an increased demand are LPG/Naphtha, Jet/Kerosene and Diesel, of which diesel has the largest increase of 3.5%. In contrast the demand for gasoline is down by 0.8%. The increase in diesel demand is strongest in the U.S., Mexico, Korea, Germany and Italy.

Escort Tugs in San Francisco Bay

Indian Navy Chose Ullman Seats as New Standard

China Supplies Maersk Triple-E Hull Modules

Wison Announces Venezuela Contract

MARAD Deputy Matsuda Resigns

Cruise Ship Trends

MTN and Norwegian Cruise Line Announce Social Media Record

MTN and Norwegian Cruise Line (Norwegian) announce that a new record for social media usage at sea was set during Norwegian Breakaway’s New York inaugural events.

Ports America to Operate Port of LA Cruise Terminal

The Port of Los Angeles contract Ports America to provide operation, management & maintenance of the Port of Los Angeles Cruise Terminal at Berth 90-43 in San Pedro, Calif.

New Hapag-Lloyd Cruise Ship Christened

'Europa 2' has been christened in the Port of Hamburg during the German port's 824th anniversary celebrations. The new cruise ship sailed to the launch site near the riverside district of Blankenese,

Energy

New Explosion-proof Pressure Transmitter from AST

American Sensor Technologies, Inc. (AST) released the AST46DS Explosion-Proof Pressure Transducer with Display with pressures from 1 to 20,000 PSI available. The

Emergency Personnel Participate in Oil Spill Response Program

Nearly 250 first responders participated in a National Preparedness Response Exercise Program in Los Angeles including U.S. Coast Guard, Chevron, California Department

Intertek Opens Malaysian Exploration and Production Center

Intertek invested £900,000 (4,143,720 Malaysian Ringgit) in a new Malaysian regional center which will bring enhanced services to the exploration and production (E&P) sector in the region.