Overall confidence levels in the shipping industry fell to their lowest level for two-and-a-half years in February 2015, according to the latest Shipping
DryShips Inc. (NASDAQ: DRYS), has announced that it has entered into firm sales agreements with entities controlled by the Company's Chairman and Chief Executive Officer,
OPEC oil supply has jumped in March to its highest since October as Iraq's exports rebounded after bad weather and Saudi Arabia pumped at close to record rates,
Oil imports from Iran at 220,000 bpd in year to March 31. U.S. pressured India not to raise annual Iran oil imports.
India halted oil imports from Iran for the
New regulations to cap vapor pressure of North Dakota crude fail to account for how it behaves in transit, according to industry experts, raising doubts about whether
Iran negotiations in Lausanne enter last 24 hours. A nuclear deal could see Iran increase oil exports.
Brent crude oil dropped towards $55 a barrel on Tuesday
The Shipping Corporation of India Ltd. (SCI) accepted delivery of a Very Large Crude Oil Carrier (VLCC) on 28 March, 2015. The vessel has been named “Desh Vibhor”.
Maersk Line, the world's largest container company, has selected Transas Marine for ECDIS implementation on more than 100 vessels, Transas announced today. The
Dutch gas network operator Gasunie and tank storage service provider Vopak said on Monday that the expansion of their Gate liquefied natural gas (LNG) terminal in Rotterdam has begun.
Maersk Line selected Transas Marine for ECDIS implementation on more than 100 vessels.
The contract features Transas state-of-the-art Navi-Sailor ECDIS 4000
China has managed to export a large shipment of crude oil from Yemen over the weekend, ship-tracking data showed on Monday, despite mounting chaos in the country
It is too early to say when Libyan oil ports Es Sider and Ras Lanuf can reopen after a force loyal to a self-declared Tripoli government pulled out troops from frontlines near to the terminals,
Klaus Nyborg, interim CEO at Denmark-based dry bulk and product tanker shipping company Dampskibsselskabet NORDEN A/S, expects difficult dry cargo market conditions
Libya has managed to boost oil production to around 622,000 barrels per day (bpd), a report from the state-run National Oil Corp of Libya (NOC) said.
Asian spot liquefied natural gas prices slipped on Friday as disappointing demand weighed on the market, traders said.
The price of spot LNG for May delivery eased to $7.
Owners to resist charterers attempts to push rates down; VLCC rates could soften if cargo volumes fall.
Rates for very large crude carriers (VLCCs) on key Asian
Japan's top oil refiner JX Nippon Oil & Energy Corp said on Friday it would refine 10 percent less crude oil in April from the same month a year ago due in part to slowing domestic demand.
U.S. crude set for biggest weekly gain since early 2011.
Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to
Russia's Rosneft to sell Trafigura up to 1.6 mln T in April; Trafigura's April volumes of Russian oil second only to China.
Trafigura is emerging as the new king of Russian oil trading,
Dorian LPG Ltd. today announced the commencement of operations of Helios LPG Pool LLC on April 1st, 2015. Helios LPG is jointly run by Dorian LPG and Phoenix Tankers Pte.