Singapore fuel inventories hit eight-month low ahead of IMO fuel switch

Singapore - Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17


ONE: Genoa receives its first magenta ship

Genoa - When it reached port she was hard to miss.Ocean Network Express’ (ONE) “Blue Jay” is the first magenta-colored container ship to call at the port of Genoa. The 360-meter long, 14,000 TEU ship, which set off from Asia, was docked this week at PSA Terminal’s Pra quay


IEA revising oil demand growth forecast down on slowing economy

New Delhi - Last year, the IEA predicted that 2019 oil demand would grow by 1.5 million bpd but had cut the growth forecast to 1.2 million bpd in June this year.


Weaker scrubber demand takes shine off Alfa Laval’s results

Stockholm - Swedish engineering group Alfa Laval reported on Wednesday a fall in quarterly order intake, hit by weaker than expected demand for ship exhaust cleaners, sending its shares sharply lower


Aida wants to be emission-neutral by 2023

Rostock - German shipping company Aida wants to be at the forefront of the emission-neutral cruising

Pioneering ABS and MSC Condition-Based Class Program Showcased at Mega Rust 2019
U.S. releases MSC vessel seized with 20 tons of cocaine
Damen chooses Wärtsilä’s propulsion solution
“Gulf conflict would see oil prices spike, ease, jump again”
Turkey says EU funding cuts will not affect its drilling off Cyprus
European gas prices exceed Asian spot LNG

European gas prices exceed Asian spot LNG

London - European gas hub prices have risen above the price of liquefied natural gas (LNG) on the Asian spot market in a rare occurrence that largely rules out arbitrage of LNG cargoes from the Atlantic to the Pacific basins

New York Port unveils 30 years plan

New York Port unveils 30 years plan

New York - The New York and New Jersey Port Authority has unveiled its “Port Master Plan 2050,” a comprehensive document that lays out a flexible roadmap for the next generation of land-use and infrastructure development

Hapag-Lloyd offers new African service
Piraeus Bank explores Asiatic partnership
ABS and MARIN Launch Wind Propulsion Technology JIP


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